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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Warehouses
2422 Smith Harbour Dr, Denver, NC 28037-8088
Individually Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-1030157
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Total area
4,012 SF
Lot
0.38 ac (16,596 SF)
Zoning code
PD-MU
APN
76035
UPID
US53-1030157
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$450k
Comparable Approach
Comparable
$547k
Blend (final)
Blend
$555k
Owner & transaction history
Jeffery H Becker · 7 yrs held
Jeffery H Becker
since 2019
7 recorded transactions
Zoning & alternative use
PD-MU · Denver, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Denver submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denver submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$485,000
6.5%
$450,000
7%
$415,000
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$138 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,489
Tax year 2024
Assessed value
$1,557,832
Assessed 2024
Previous assessed
$1,557,832
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$283,665
Assessed improvement
$1,274,167
Land market value
$283,665
Improvement market value
$1,274,167
Total market value
$1,557,832
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Heating
HEAT PUMP
Cooling
YES
Buildings
2
Stories
2
Rooms
13
Bathrooms
7
Total area
4,012 SF
Lot
0.38 ac (16,596 SF)
Zoning code
PD-MU
APN
76035
UPID
US53-1030157
Jurisdiction
LINCOLN
Zoning & alternative use
PD-MU · Denver, NC
Zoning PD-MU · permitted uses
PD-MU · Denver, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denver. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2003
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
2
Rooms
13
Bathrooms
7
Lot
0.38 ac
Current owner
From public records · entity-resolved
Jeffery H Becker
Individual
Mailing address
2422 SMITH HARBOUR DR, DENVER, NC 28037-8088
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 5, 2019
$825,000
Jeffery H Becker
Stewart,donald K IV & Allison N
Warranty Deed
$577,500 · Wells Fargo Bk
Aug 13, 2014
$820,000
Stewart,donald K IV & Allison N
Leonhardt,william K & Elizabeth L
Warranty Deed
$779,000 · Branch Bk&tr
May 24, 2004
—
William K Leonhardt
—
Trustees Deed
related
$50,000 · 21st Mortgage Corp
—
—
William K Leonhart
—
Deed Of Trust
related
$250,000 · Wells Fargo Bank
—
—
William K Leonhardt
—
Deed Of Trust
related
$395,658 · Wells Fargo Bank
—
—
William K Leonhart
—
Deed Of Trust
related
$417,000 · Wells Fargo Bank
—
—
William K Leonhardt
—
Deed Of Trust
related
$75,000 · First Charter Bank
—
—
William K Leonhardt
—
Deed Of Trust
related
$600,000 · 21st Mortgage Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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