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Property profile & analytics
FOR SALE
Warehouses
2900 Stitt St, Monroe, NC 28110
Individually Owned
~
Est. High Equity
Property ID
US53-3463923
For Sale
1 / 4
$7,500,000
2900 Stitt St, Monroe, NC 28110
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1955
Total area
23,512 SF
Lot
5.06 ac (220,414 SF)
Zoning code
G-I MONROE
APN
09-115-004
UPID
US53-3463923
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
$667k
Blend (final)
Blend
$785k
Owner & transaction history
Kirby M & Mary Jane Crooke Family Limited Par
Kirby M & Mary Jane Crooke Family Limited Par
since 2026
7 recorded transactions
Zoning & alternative use
G-I MONROE · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$33 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$1,490
Tax year 2023
Assessed value
$136,600
Assessed 2023
Previous assessed
$136,600
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$136,600
Land market value
$136,600
Total market value
$136,600
Applied tax rate
200.0000
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
MINI-WAREHOUSE, STORAGE
Status
For Sale
Year built
1955
Heating
YES
Stories
1
Total area
23,512 SF
Lot
5.06 ac (220,414 SF)
Zoning code
G-I MONROE
APN
09-115-004
UPID
US53-3463923
Jurisdiction
UNION
Zoning & alternative use
G-I MONROE · Monroe, NC
Zoning G-I MONROE · permitted uses
G-I MONROE · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1955
Heating
YES
Stories
1
Lot
5.06 ac
Current owner
From public records · entity-resolved
Kirby M & Mary Jane Crooke Family Limited Par
Individual
Mailing address
2805 WALKUP AVE STE A, MONROE, NC 28110-3991
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 20, 2026
—
Kirby M & Mary Jane Crooke Family Limited Par
Jane Crooke
Special Warranty Deed
related
—
Apr 30, 2024
—
Kirby M & Mary Jane Crooke Fam Ltd
—
Deed
related
$3,400,000 · American Bank Of The Carolinas
Dec 28, 2021
—
Kirby M Crooke
Harold Douglas LLC
Warranty Deed
$1,500,000 · American Bank
Nov 2, 2021
$350,000
Harold Douglas LLC
Group Fenix INC
Warranty Deed
—
Feb 10, 2017
$130,000
Group Fenix INC
Perez,luis A P & Sindy P
Warranty Deed
—
Feb 3, 2017
$80,000
Luis A P Perez
Perez,emiliano P
Warranty Deed
related
—
Sep 26, 2016
$75,000
Perez Emiliano Perez
Stitt Str Property LLC
Warranty Deed
—
Jan 26, 2015
—
Stitt Str Property LLC
—
Trustees Deed
related
$67,586 · Providence Bk
Oct 8, 2013
—
Stitt Str Property LLC
Charlotte-monroe Property LLC
Warranty Deed
related
$149,347 · Providence Bank
Apr 28, 2008
—
Charlotte-monroe Property LLC
Ck Stores LLC
Warranty Deed
—
Jan 8, 2008
$235,000
Ck Stores LLC
Csw-mdm Properties LLC
Warranty Deed
$216,000 · Rbc Centura Bank
Jun 7, 2004
—
Csw-mdm Properties LLC
Westside Partners Developers
Warranty Deed
related
—
Dec 27, 2001
$78,000
Westside Partners Develope
Sutton,park D
Grant Deed
—
—
—
Ck Stores LLC
—
Deed Of Trust
related
$236,730 · Rbc Centura Bank
—
—
Stitt Str Property LLC
—
Loan Modification
related
—
—
—
Stitt Str Property LLC
—
Loan Modification
related
—
—
—
Csw-mdm Properties LLC
—
Deed Of Trust
related
$360,000 · Trinity Bank
—
—
Stitt Str Property LLC
—
Loan Modification
related
—
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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