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Property profile & analytics
OFF-MARKET
Estimated value
$2,130,000
Garden apartment buildings
400 Ponderosa Dr, Dunn, NC 28334-3627
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-1577642
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1982
Total area
2,692 SF
Lot
11.23 ac (489,179 SF)
Zoning code
RM
APN
2151718060001
UPID
US53-1577642
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
-
Pinewood Apartment Apartment Building
-
Westgate Apartments Services Coordinator Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.13M
Owner & transaction history
Pinewood Nrg LLC · 5 yrs held
Pinewood Nrg LLC
since 2020
Last sale
$2.1M
1 recorded transaction
Zoning & alternative use
RM · Dunn, 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 Dunn submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Dunn 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$791 / 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
$30,594
Tax year 2023
Assessed value
$2,115,636
Assessed 2023
Previous assessed
$2,115,636
+0.0% YoY
Effective rate
1.45%
On assessed value
Land market value
$614,500
Improvement market value
$1,501,136
Total market value
$2,115,636
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1982
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
1
Stories
1
Rooms
4
Bathrooms
28
Total area
2,692 SF
Lot
11.23 ac (489,179 SF)
Zoning code
RM
APN
2151718060001
UPID
US53-1577642
Jurisdiction
HARNETT
Zoning & alternative use
RM · Dunn, NC
Zoning RM · permitted uses
RM · Dunn, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Dunn. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
1
Rooms
4
Bathrooms
28
Lot
11.23 ac
Current owner
From public records · entity-resolved
Pinewood Nrg LLC
Entity
Mailing address
11810 GRAND PARK AVE STE #600, NORTH BETHESDA, MD 20852-8679
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2020
$2,118,500
Pinewood Nrg LLC
Php Pinewood LLC
Special Warranty Deed
$1,920,000 · Orix Real Estate Capital LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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