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Property profile & analytics
FOR SALE
Warehouses
248 W Franklinville St, Staley, NC 27355
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1177543
For Sale
1 / 54
$599,000
248 W Franklinville St, Staley, NC 27355
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
STEEL FRAME
Total area
12,100 SF
Lot
2.7 ac (117,612 SF)
Zoning code
M1
APN
8734544995
UPID
US53-1177543
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
Current use
Occupant on record · Public records
-
Benchmark Upholstery Inc Furniture & Home Goods
-
Amor Furniture and Bedding, LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Hellenic Property Ventures LLC · 3 yrs held
Hellenic Property Ventures LLC
since 2023
Last sale
$500,000
3 recorded transactions
Zoning & alternative use
M1 · Staley, 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 Staley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Staley 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,060
Tax year 2024
Assessed value
$329,650
Assessed 2024
Previous assessed
$329,650
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$39,600
Assessed improvement
$290,050
Land market value
$39,600
Improvement market value
$290,050
Total market value
$329,650
Applied tax rate
8.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
For Sale
Year built
1991
Construction
STEEL FRAME
Heating
OTHER
Cooling
NONE
Buildings
2
Stories
1
Total area
12,100 SF
Lot
2.7 ac (117,612 SF)
Zoning code
M1
APN
8734544995
UPID
US53-1177543
Jurisdiction
RANDOLPH
Zoning & alternative use
M1 · Staley, NC
Zoning M1 · permitted uses
M1 · Staley, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Staley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
STEEL FRAME
Heating
OTHER
Cooling
Yes
Stories
1
Buildings
2
Lot
2.7 ac
Current owner
From public records · entity-resolved
Hellenic Property Ventures LLC
Entity
Free & Clear · 3 yrs held
Mailing address
248 W FRANKLINVILLE ST, STALEY, NC 27355
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
$500,000
Hellenic Property Ventures LLC
Sabbi LLC
Special Warranty Deed
—
Jul 29, 2022
$395,000
Sabbi LLC
Selene Waldestran Jimenez
Warranty Deed
—
Oct 22, 2007
—
Anthony Craig Wright
Wrights,frame Shop
Quit Claim Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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