New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,555,000
Industrial properties
405 Us Hwy 74, Rockingham, NC 28379-7077
Individually Owned
14-yr Hold
~
Est. High Equity
Property ID
US53-5241418
Property profile
Verified
Property type
Industrial properties
Use group
HEAVY INDUSTRIAL
Year built
1975
Total area
361,307 SF
Lot
122.08 ac (5,317,805 SF)
APN
746301181416
UPID
US53-5241418
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
by Request
Blend (final)
Blend
$2.56M
Owner & transaction history
Warehouse Solutions Of Richmond Cou · 14 yrs held
Warehouse Solutions Of Richmond Cou
since 2012
6 recorded transactions
Zoning & alternative use
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 Rockingham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rockingham 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
$7 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$29,867
Tax year 2024
Assessed value
$3,579,201
Assessed 2024
Previous assessed
$2,991,464
+19.6% YoY
Effective rate
0.83%
On assessed value
Assessed land
$1,265,172
Assessed improvement
$2,314,029
Land market value
$1,265,172
Improvement market value
$2,314,029
Total market value
$3,579,201
Applied tax rate
105.0000
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
Industrial properties
Use group
HEAVY INDUSTRIAL
Status
Off-Market
Year built
1975
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
361,307 SF
Lot
122.08 ac (5,317,805 SF)
APN
746301181416
UPID
US53-5241418
Jurisdiction
RICHMOND
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1975
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
122.08 ac
Current owner
From public records · entity-resolved
Warehouse Solutions Of Richmond Cou
Individual
Mailing address
PO BOX 310, ROCKINGHAM, NC 28380-0310
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
Warehouse Solutions Of Richmond Cnt
—
Deed
related
$3,100,000 · The Fidelity Bank
Jul 24, 2023
—
Warehouse Solutions Of Richmond Cnt
—
Deed
related
$1,700,000 · The Fidelity Bank
Dec 8, 2021
—
Warehouse Solutions Of Richmond Cnt
—
Deed
related
$2,936,931 · The Fidelity Bank
Sep 9, 2019
—
Warehouse Solutions Of Richmond Cnt
—
Deed
related
$6,000,000 · The Fidelity Bank
Oct 31, 2018
—
Warehouse Solutions Of Richmond Cou
—
Deed
related
$2,000,000 · The Fidelity Bank
Jun 18, 2012
$775,000
Warehouse Solutions Of Richmond Cou
Uco Fabrics INC
Trustees Deed
related
$500,000 · The Fidelity 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 405 Us Hwy 74?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
