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Property profile & analytics
OFF-MARKET
Estimated value
$2,040,000
Warehouses
2778 Nc Hwy 50th S, Benson, NC 27504-8108
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1698973
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
15,200 SF
Lot
8.63 ac (375,923 SF)
Zoning code
COM
APN
01F11017E
UPID
US53-1698973
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
$2.09M
CAP Approach
CAP
$1.92M
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$2.04M
Owner & transaction history
B & B Produce Of Benson INC · 3 yrs held
B & B Produce Of Benson INC
since 2023
Last sale
$2.0M
2 recorded transactions
Zoning & alternative use
COM · Benson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+151.7%
Office building
$2.5M
+88.5%
Retail stores
$2.4M
+80.4%
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 Benson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Benson 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
$2,100,000
ML approach
$2,085,000
CAP Approach
CAP Return
Estimation
6%
$2,080,000
6.5%
$1,920,000
7%
$1,785,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,350,000
Current use
RESTAURANT
$3,390,000
Change: +152% · Conversion: Difficult
OFFICE BUILDING
$2,540,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$2,430,000
Change: +80% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,310,000
Change: +72% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,230,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$2,210,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,620,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$2.04M
Range $1.84M – $2.24M · ±10% · vs last sale $2.00M (Jan 11 2023)
Last sale anchor
$2.00M
Jan 11 2023
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
$134 / 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
$10,745
Tax year 2024
Assessed value
$1,326,520
Assessed 2024
Previous assessed
$1,326,520
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$106,490
Assessed improvement
$1,220,030
Land market value
$106,490
Improvement market value
$1,220,030
Total market value
$1,326,520
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
Off-Market
Year built
1973
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
15,200 SF
Lot
8.63 ac (375,923 SF)
Zoning code
COM
APN
01F11017E
UPID
US53-1698973
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Benson, NC
Zoning COM · permitted uses
COM · Benson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Benson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.4M
RESTAURANT
Est. value
$3.4M
OFFICE BUILDING
Est. value
$2.5M
RETAIL STORES
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
RESTAURANT
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
8.63 ac
Current owner
From public records · entity-resolved
B & B Produce Of Benson INC
Entity
Mailing address
2778 NC HWY 50TH S, BENSON, NC 27504-8108
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 11, 2023
$2,000,000
B & B Produce Of Benson INC
B&b Produce INC
Warranty Deed
$1,000,000 · Southern Bank & Trust Co
May 15, 2020
—
B & B Produce INC
—
Deed
related
$1,000,000 · Truist Bank
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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