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Property profile & analytics
OFF-MARKET
Estimated value
$670,000
Warehouses
3440 Us Hwy 301st N, Wilson, NC 27893-7987
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-4437073
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Total area
8,100 SF
Lot
1.01 ac (43,996 SF)
APN
3732-47-3075.000
UPID
US53-4437073
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
$670k
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$710k
Blend (final)
Blend
$670k
Owner & transaction history
James Douglas Davis · 2 yrs held
James Douglas Davis
since 2024
Last sale
$670,500
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$895,000
+87.6%
Restaurant
$865,000
+81.0%
Commercial (general)
$720,000
+51.2%
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 Wilson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilson 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
$670,000
ML approach
$670,000
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$475,000
Current use
AUTO REPAIR, GARAGE
$895,000
Change: +88% · Conversion: Easy
RESTAURANT
$865,000
Change: +81% · Conversion: Difficult
COMMERCIAL (GENERAL)
$720,000
Change: +51% · Conversion: Difficult
OFFICE BUILDING
$720,000
Change: +51% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$565,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$670k
Range $603k – $737k · ±10% · vs last sale $671k (Jan 12 2024)
Last sale anchor
$671k
Jan 12 2024
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
$83 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$1,744
Tax year 2021
Assessed value
$428,371
Assessed 2024
Previous assessed
$201,637
+112.4% YoY
Effective rate
0.41%
On assessed value
Assessed land
$65,994
Assessed improvement
$362,377
Land market value
$65,994
Improvement market value
$362,377
Total market value
$428,371
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
1993
Stories
1
Total area
8,100 SF
Lot
1.01 ac (43,996 SF)
APN
3732-47-3075.000
UPID
US53-4437073
Jurisdiction
WILSON
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
WAREHOUSE, STORAGE Current
Est. value
$475,000
AUTO REPAIR, GARAGE
Est. value
$895,000
RESTAURANT
Est. value
$865,000
COMMERCIAL (GENERAL)
Est. value
$720,000
OFFICE BUILDING
Est. value
$720,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$565,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1993
Stories
1
Lot
1.01 ac
Current owner
From public records · entity-resolved
James Douglas Davis
Individual
Free & Clear · 2 yrs held
Mailing address
6171 OLD RALEIGH RD, SIMS, NC 27880-9402
Ownership since
2024
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
Jan 12, 2024
$670,500
James Douglas Davis
3440 Us Hwy 301 LLC
Warranty Deed
—
Aug 25, 2023
$607,000
3440 Us Hwy 301 LLC
H & F Performance
Warranty Deed
$1,000,000 · United Bank
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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