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Property profile & analytics
OFF-MARKET
Estimated value
$645,000
Garden apartment buildings
4274 Smokey Crk Rd 1 Lenoir, NC 28645-9359
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-1853317
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1989
Construction
WOOD
Total area
4,544 SF
Lot
1.18 ac (51,401 SF)
APN
11 47 1 17
UPID
US53-1853317
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
-
Catawba supperette Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$485k
Comparable Approach
Comparable
$449k
Blend (final)
Blend
$645k
Owner & transaction history
T&y Sound Properties LLC · 2 yrs held
T&y Sound Properties LLC
since 2023
Last sale
$650,000
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 Lenoir submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lenoir 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%
$525,000
6.5%
$485,000
7%
$450,000
Blend value · Realmo final
$645k
Range $581k – $710k · ±10% · vs last sale $650k (Aug 10 2023)
Last sale anchor
$650k
Aug 10 2023
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
$142 / 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
Property tax & assessments
Assessed value
$196,200
Assessed 2024
Previous assessed
$196,200
+0.0% YoY
Assessed land
$15,900
Assessed improvement
$180,300
Land market value
$15,900
Improvement market value
$180,300
Total market value
$196,200
Applied tax rate
11.0000
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
WALL UNIT
Buildings
1
Stories
1
Units
6
Bathrooms
30
Total area
4,544 SF
Lot
1.18 ac (51,401 SF)
APN
11 47 1 17
UPID
US53-1853317
Jurisdiction
CALDWELL
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
1989
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
1
Units
6
Bathrooms
30
Lot
1.18 ac
Current owner
From public records · entity-resolved
T&y Sound Properties LLC
Entity
Mailing address
2510 164TH ST SW APT C301, LYNNWOOD, WA 98087-7821
Ownership since
2023
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
Aug 10, 2023
$650,000
T&y Sound Properties LLC
Hierarch Properties LLC
Warranty Deed
$487,425 · United Bank
Jul 19, 2022
$425,000
Hierarch Properties LLC
Sigmon Properties
Warranty Deed
$361,250 · Peoples Bank
Jan 18, 2013
$182,500
Sigmon Properties
Nes Properties LLC
Warranty Deed
—
Feb 28, 2006
$158,000
Nes Properties LLC
Hogan,tracy S
Warranty Deed
$145,000 · Capital Bank NA
—
—
Nes Properties LLC
—
Deed Of Trust
related
$153,000 · Capital Bank NA
—
—
Nes Properties LLC
—
Deed Of Trust
related
$144,000 · Champion Cu INC
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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