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Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Warehouses
444 Main St, Louisburg, NC 27549
Individually Owned
7-yr Hold
Free & Clear
Property ID
US53-3120867
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1901
Total area
17,338 SF
Lot
1.13 ac (49,223 SF)
Zoning code
I 2
APN
16356
UPID
US53-3120867
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
-
ChargePoint Charging Station Electric Vehicle Charging Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$350k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$565k
Blend (final)
Blend
$505k
Owner & transaction history
Town Of Louisburg · 7 yrs held
Town Of Louisburg
since 2018
6 recorded transactions
Zoning & alternative use
I 2 · Louisburg, 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 Louisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Louisburg 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
$350,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$505k
Range $455k – $556k · ±10%
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
$29 / 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
Assessed value
$463,750
Assessed 2024
Previous assessed
$48,450
+857.2% YoY
Assessed land
$443,010
Assessed improvement
$20,740
Land market value
$443,010
Improvement market value
$20,740
Total market value
$463,750
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1901
Heating
NONE
Cooling
NONE
Stories
1
Total area
17,338 SF
Lot
1.13 ac (49,223 SF)
Zoning code
I 2
APN
16356
UPID
US53-3120867
Jurisdiction
FRANKLIN
Zoning & alternative use
I 2 · Louisburg, NC
Zoning I 2 · permitted uses
I 2 · Louisburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Louisburg. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1901
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.13 ac
Current owner
From public records · entity-resolved
Town Of Louisburg
Individual
Free & Clear · 7 yrs held
Mailing address
110 W NASH ST, LOUISBURG, NC 27549-2526
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Jul 30, 2018
—
Town Of Louisburg
Dickens,dawn H
Quit Claim Deed
—
Jun 13, 2018
—
Dawn H Dickens
Dickens Warehouse Prop LLC
Quit Claim Deed
—
Dec 28, 2011
—
Dickens Warehouse Props LLC
Dickens,dawn H
Quit Claim Deed
—
Dec 15, 2011
—
Dawn H Dickens
Dickens,j Mark & Amy B
Quit Claim Deed
related
—
Dec 1, 2011
—
L H Dickens III
Dickens,dawn H
Quit Claim Deed
related
—
Nov 28, 2011
—
Dawn H Dickens
Dickens Lucius H JR
Quit Claim Deed
related
—
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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