Entity Owned Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
BRICK
Total area
74,131 SF
Lot
3.56 ac (155,074 SF)
Zoning code
CU-HC
APN
1618.04-54-6225 0314167
UPID
US53-2390823
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Car Rental Facility
-
Storage Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.14M
Comparable Approach
Comparable
$8.13M
Blend (final)
Blend
$8.30M
Owner & transaction history
since 2017
3 recorded transactions
Zoning & alternative use
CU-HC · Garner, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.30M
Value range
$7.47M – $9.13M
±10% around blend
Estimated value / SF
$112 / SF
Confidence
Property data
100
Market benchmarks
100
Comparable evidence
60
$7.47M
blend $8.30M
$9.13M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
74,131 SF
Lot area
3.56 ac
Year built
2018
Stories
2
APN
1618.04-54-6225 0314167
Zoning
CU-HC
Assessed value
$5,779,705
Annual tax
$45,064
3
Income approach: direct capitalization
Partial preview
Income approach indication
$11.14M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$12.07M
@ 6.5% CAP return
$11.14M
@ 7% CAP return
$10.34M
4
Sales comparison
Partial preview
Sales approach indication
$8.13M
Range $7.23M – $15.91M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.30M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 41 sales
$149
-25%
Submarket 41 sales
$149
-25%
County 426 sales
$210
-47%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $112/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$5.78M
Move the market yield to see immediate price impact.
Value / SF
$78
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$364k
$7.28M
$5.20M
$4.05M
$405k
$8.09M
$5.78M
$4.50M
$445k
$8.90M
$6.36M
$4.94M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$45,064
Tax year 2023
Assessed value
$5,779,705
Assessed 2023
Previous assessed
$5,779,705
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$387,685
Assessed improvement
$5,392,020
Land market value
$387,685
Improvement market value
$5,392,020
Total market value
$5,779,705
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
508
Total area
74,131 SF
Lot
3.56 ac (155,074 SF)
Zoning code
CU-HC
APN
1618.04-54-6225 0314167
UPID
US53-2390823
Jurisdiction
WAKE
Zoning & alternative use
CU-HC · Garner, NCZoning CU-HC · permitted uses
CU-HC · Garner, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
508
Lot
3.56 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
CU-HC
Jurisdiction
Garner, NC
Recorded code
CU-HC
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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