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Property profile & analytics
OFF-MARKET
Estimated value
$695,000
Apartment buildings
337 Daniel St 1, Denton, NC 27239-6696
Entity Owned
8-yr Hold
Property ID
US53-2446445
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1992
Construction
FRAME
Total area
13,432 SF
Lot
1.78 ac (77,537 SF)
Zoning code
R8A
APN
07-054-0-016-0001
UPID
US53-2446445
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
$697k
Blend (final)
Blend
$695k
Owner & transaction history
Flamengos Investments LLC · 8 yrs held
Flamengos Investments LLC
since 2017
2 recorded transactions
Zoning & alternative use
R8A · Denton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+33.5%
Auto repair, garage
$900,000
+9.5%
Commercial (general)
$870,000
+5.9%
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 Denton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Denton 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
APARTMENT HOUSE (5+ UNITS)
$820,000
Current use
OFFICE BUILDING
$1,095,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$900,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$870,000
Change: +6% · Conversion: Moderate
WAREHOUSE, STORAGE
$755,000
Change: -8% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$675,000
Change: -18% · Conversion: Difficult
RETAIL STORES
$665,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$695k
Range $626k – $765k · ±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
$52 / 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
$5,121
Tax year 2023
Assessed value
$449,190
Assessed 2023
Previous assessed
$449,190
+0.0% YoY
Effective rate
1.14%
On assessed value
Land market value
$18,750
Improvement market value
$430,440
Total market value
$449,190
Applied tax rate
7.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
2
Units
10
Bathrooms
1
Total area
13,432 SF
Lot
1.78 ac (77,537 SF)
Zoning code
R8A
APN
07-054-0-016-0001
UPID
US53-2446445
Jurisdiction
DAVIDSON
Zoning & alternative use
R8A · Denton, NC
Zoning R8A · permitted uses
R8A · Denton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Denton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$820,000
OFFICE BUILDING
Est. value
$1.1M
AUTO REPAIR, GARAGE
Est. value
$900,000
COMMERCIAL (GENERAL)
Est. value
$870,000
WAREHOUSE, STORAGE
Est. value
$755,000
INDUSTRIAL (GENERAL)
Est. value
$675,000
RETAIL STORES
Est. value
$665,000
APARTMENT HOUSE (5+ UNITS) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
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
1992
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Units
10
Bathrooms
1
Lot
1.78 ac
Current owner
From public records · entity-resolved
Flamengos Investments LLC
Entity
Mailing address
4996 INDIANA AVE, WINSTON SALEM, NC 27106-2823
Ownership since
2017
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
Aug 30, 2017
$427,000
Flamengos Investments LLC
Jasco Investment LLC
Warranty Deed
$500,000 · Bank Of Oak Ridge
—
—
Jasco Investment 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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