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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Apartment buildings
412 Stedman St, Greensboro, NC 27401-3189
Individually Owned
4-yr Hold
Free & Clear
Property ID
US53-1189726
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1969
Construction
FRAME
Total area
16,744 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RM-18
APN
4757
UPID
US53-1189726
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
-
Daydream Braiding Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.49M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.15M
Blend (final)
Blend
$1.29M
Owner & transaction history
State Of North Carolina · 4 yrs held
State Of North Carolina
since 2022
Last sale
$1.2M
5 recorded transactions
Zoning & alternative use
RM-18 · Greensboro, 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 Greensboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Greensboro 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
$1,490,000
ML approach
$1,490,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±10% · vs last sale $1.17M (Jan 13 2022)
Last sale anchor
$1.17M
Jan 13 2022
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
$77 / 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
Assessed value
$1,014,800
Assessed 2023
Previous assessed
$1,014,800
+0.0% YoY
Assessed land
$112,600
Assessed improvement
$902,200
Land market value
$112,600
Improvement market value
$902,200
Total market value
$1,014,800
Applied tax rate
1.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
19
Rooms
38
Bathrooms
31
Total area
16,744 SF
Lot
1.36 ac (59,242 SF)
Zoning code
RM-18
APN
4757
UPID
US53-1189726
Jurisdiction
GUILFORD
Zoning & alternative use
RM-18 · Greensboro, NC
Zoning RM-18 · permitted uses
RM-18 · Greensboro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Greensboro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
19
Rooms
38
Bathrooms
31
Lot
1.36 ac
Current owner
From public records · entity-resolved
State Of North Carolina
Individual
Free & Clear · 4 yrs held
Mailing address
1321 MAIL SERVICE CTR, RALEIGH, NC 27699-1300
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2022
$3,500,000
State Of North Carolina
North Carolina A&t Real Estate Fndn
Warranty Deed
—
Dec 29, 2020
$3,500,000
North Carolina A & T R & E Foun In
University Pk Apts Holding Co
Warranty Deed
—
Aug 2, 2019
$5,050,000
Paul D Andrews
425 Stedman Street LLC
Grant Deed
—
Jun 15, 2017
—
425 Stedman Street LLC
—
Grant Deed
related
$2,451,770 · Paragon Com'l Bk
—
—
Campus Courtyard LLC
—
Deed Of Trust
related
$4,462,500 · Lasalle Bk
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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