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Property profile & analytics
OFF-MARKET
Estimated value
$1,400,000
Warehouses
2927 Nc Hwy 54, Haw River, NC 27258-8743
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-3552657
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1928
Total area
11,265 SF
Lot
4.74 ac (206,474 SF)
APN
151925
UPID
US53-3552657
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
$1.64M
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$1.40M
Owner & transaction history
R Johnson Ents LLC · 10 yrs held
R Johnson Ents LLC
since 2016
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.3M
+63.9%
Office building
$1.3M
+61.1%
Auto repair, garage
$1.2M
+50.8%
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 Haw River submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Haw River 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%
$1,770,000
6.5%
$1,635,000
7%
$1,515,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,320,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$1,300,000
Change: +61% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,215,000
Change: +51% · Conversion: Easy
RETAIL STORES
$1,120,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$1.40M
Range $1.26M – $1.54M · ±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
$124 / 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
$3,718
Tax year 2023
Assessed value
$755,787
Assessed 2023
Previous assessed
$755,787
+0.0% YoY
Effective rate
0.49%
On assessed value
Assessed land
$119,425
Assessed improvement
$636,362
Land market value
$119,425
Improvement market value
$636,362
Total market value
$755,787
Applied tax rate
33.0000
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
Off-Market
Year built
1928
Heating
YES
Cooling
NONE
Buildings
3
Stories
1
Rooms
85
Total area
11,265 SF
Lot
4.74 ac (206,474 SF)
APN
151925
UPID
US53-3552657
Jurisdiction
ALAMANCE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.3M
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1928
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Rooms
85
Lot
4.74 ac
Current owner
From public records · entity-resolved
R Johnson Ents LLC
Entity
Mailing address
2927 S NC HWY 54, HAW RIVER, NC 27258-8743
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 5, 2016
$612,500
R Johnson Ents LLC
Highway 54 Storage LLC
Warranty Deed
$650,000 · Bank Of Oak Ridge
Aug 16, 2013
$220,000
Highway 54 Storage LLC
Suntrust Bank
Warranty Deed
$180,000 · Branch Banking And Trust Co
Apr 22, 2013
$358,514
Suntrust Bk
Holley David K
Trustees Deed
related
—
Feb 10, 2005
$730,000
Mckinney,thomas G & Elizabeth W
Highway 54 Mini Storage LLC
Warranty Deed
$500,000 · Central Carolina Bk
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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