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Property profile & analytics
OFF-MARKET
Estimated value
$5,510,000
Commercial real estate
358 Ww St Spindale, NC 28160-1356
Entity Owned
16-yr Hold
Free & Clear
Property ID
US53-2672743
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
2008
Total area
53,790 SF
Lot
6.37 ac (277,477 SF)
Zoning code
R6
APN
1634241
UPID
US53-2672743
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
-
Creekside Crossing Apartments Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$5.85M
Comparable Approach
Comparable
$6.88M
Blend (final)
Blend
$5.51M
Owner & transaction history
SPINDALE WK
SPINDALE WK
Zoning & alternative use
R6 · Spindale, 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 Spindale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spindale 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%
$6,335,000
6.5%
$5,845,000
7%
$5,430,000
Blend value · Realmo final
$5.51M
Range $4.96M – $6.06M · ±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
$102 / 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
$22,607
Tax year 2021
Assessed value
$1,521,700
Assessed 2023
Previous assessed
$1,521,700
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$101,900
Assessed improvement
$1,419,800
Land market value
$101,900
Improvement market value
$1,419,800
Total market value
$1,521,700
Applied tax rate
12.0000
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
2008
Heating
HEAT PUMP
Cooling
AC.FAN COOLING
Stories
2
Bathrooms
50
Total area
53,790 SF
Lot
6.37 ac (277,477 SF)
Zoning code
R6
APN
1634241
UPID
US53-2672743
Jurisdiction
RUTHERFORD
Zoning & alternative use
R6 · Spindale, NC
Zoning R6 · permitted uses
R6 · Spindale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spindale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Bathrooms
50
Lot
6.37 ac
Current owner
From public records · entity-resolved
SPINDALE WK
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 26405, GREENSBORO, NC 27404-6405
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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