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Property profile & analytics
OFF-MARKET
Estimated value
$585,000
Warehouses
3252 New Leicester Hwy Leicester, NC 28748-7702
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0647229
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2007
Construction
STEEL FRAME
Total area
7,410 SF
Lot
3.28 ac (142,877 SF)
Zoning code
DEED DATE:01/12/2021 DEED
APN
8791-16-3280-00000
UPID
US53-0647229
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
-
Mountain Well-Being Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$632k
Blend (final)
Blend
$585k
Owner & transaction history
Duke Holdings 3252 LLC · 5 yrs held
Duke Holdings 3252 LLC
since 2021
Last sale
$452,000
6 recorded transactions
Zoning & alternative use
DEED DATE:01/12/2021 DEED · Leicester, 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 Leicester submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Leicester 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$810,000
Current use
Blend value · Realmo final
$585k
Range $527k – $644k · ±10% · vs last sale $452k (Jan 12 2021)
Last sale anchor
$452k
Jan 12 2021
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
$79 / 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
$3,208
Tax year 2024
Assessed value
$487,600
Assessed 2024
Previous assessed
$487,600
+0.0% YoY
Effective rate
0.66%
On assessed value
Land market value
$48,800
Improvement market value
$438,800
Total market value
$487,600
Applied tax rate
17.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
YES
Stories
1
Total area
7,410 SF
Lot
3.28 ac (142,877 SF)
Zoning code
DEED DATE:01/12/2021 DEED
APN
8791-16-3280-00000
UPID
US53-0647229
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE:01/12/2021 DEED · Leicester, NC
Zoning DEED DATE:01/12/2021 DEED · permitted uses
DEED DATE:01/12/2021 DEED · Leicester, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Leicester. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$810,000
WAREHOUSE, STORAGE Current
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
2007
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Stories
1
Lot
3.28 ac
Current owner
From public records · entity-resolved
Duke Holdings 3252 LLC
Entity
Mailing address
1854 HENDERSONVILLE RD, ASHEVILLE, NC 28803-2494
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2021
—
Duke Holdings 3252 LLC
Duke Pro INC
Quit Claim Deed
related
—
Aug 5, 2019
$452,000
Duke Pro INC
White,john S
Warranty Deed
$588,000 · John S White
Jun 13, 2016
—
John Spencer White
—
Deed
related
$227,000 · Td Bank NA
Sep 4, 2013
$250,000
John S White
Fawcett,paul M & Stephanie M
Warranty Deed
$249,500 · First Bank
Sep 4, 2013
—
Paul M Fawcett
Fawcett,margaret & James R JR
Quit Claim Deed
related
—
Dec 30, 2005
—
White,john S
White Lee M Trust
Quit Claim Deed
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.
Try Rey
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