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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Warehouses
280 George Walker Dr Andrews, NC 28901
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-4722876
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1998
Construction
STEEL FRAME
Total area
40,020 SF
Lot
14.65 ac (638,154 SF)
Zoning code
HB
APN
555612955748000
UPID
US53-4722876
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
by Request
Comparable Approach
Comparable
$888k
Blend (final)
Blend
$710k
Owner & transaction history
Snowbird Outfitters INC · 5 yrs held
Snowbird Outfitters INC
since 2020
Last sale
$500,000
5 recorded transactions
Zoning & alternative use
HB · Andrews, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The purpose of HB zone is to provide for commercial activity along major thoroughfares and at other convenient points in the area
Zone name
Highway Business
General category
COMMERCIAL
Zone area
165.12 ac
Source
Realmo
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 Andrews submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Andrews 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
$710,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $500k (Dec 16 2020)
Last sale anchor
$500k
Dec 16 2020
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
$18 / 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
Property tax & assessments
Assessed value
$420,070
Assessed 2024
Previous assessed
$391,410
+7.3% YoY
Land market value
$189,720
Improvement market value
$289,570
Total market value
$479,290
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
1998
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Units
1
Total area
40,020 SF
Lot
14.65 ac (638,154 SF)
Zoning code
HB
APN
555612955748000
UPID
US53-4722876
Jurisdiction
CHEROKEE
Zoning & alternative use
HB · Andrews, NCZoning HB · permitted uses
HB · Andrews, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The purpose of HB zone is to provide for commercial activity along major thoroughfares and at other convenient points in the area
Zone name
Highway Business
General category
COMMERCIAL
Zone area
165.12 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1998
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Units
1
Lot
14.65 ac
Current owner
From public records · entity-resolved
Snowbird Outfitters INC
Entity
Mailing address
PO BOX 99, MURPHY, NC 28906-0099
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2020
$500,000
Snowbird Outfitters INC
Janet B Stiles
Warranty Deed
$400,000 · Calvin H Stiles Etux
Apr 3, 2020
$420,000
Calvin H Stiles
Nvaproperties LLC
Special Warranty Deed
—
Dec 12, 2019
$840,000
United Bank
Robert W Smith
Trustees Deed
related
—
Jun 27, 2007
—
Bear Ridge Mall LLC
Robert William Smith
Warranty Deed
—
Mar 29, 2007
$1,800,000
Robert William Smith
Prince Land And Development Corpora
Warranty 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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