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Property profile & analytics
OFF-MARKET
Estimated value
$525,000
Warehouses
445 Old Wilson Rd, Wendell, NC 27591
Individually Owned
13-yr Hold
Free & Clear
Property ID
US53-1991938
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1936
Construction
CONCRETE BLOCKS
Total area
4,928 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CMX
APN
1784.20-90-9608 0030015
UPID
US53-1991938
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
$390k
CAP Approach
CAP
$590k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$525k
Owner & transaction history
Toni P Conoley · 13 yrs held
Toni P Conoley
since 2012
5 recorded transactions
Zoning & alternative use
CMX · Wendell, 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 Wendell submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wendell 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
$390,000
CAP Approach
CAP Return
Estimation
6%
$640,000
6.5%
$590,000
7%
$545,000
Blend value · Realmo final
$525k
Range $473k – $578k · ±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
$107 / 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
$3,726
Tax year 2024
Assessed value
$350,717
Assessed 2024
Previous assessed
$350,717
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$87,773
Assessed improvement
$262,944
Land market value
$87,773
Improvement market value
$262,944
Total market value
$350,717
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
1936
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
CENTRAL
Stories
2
Total area
4,928 SF
Lot
0.62 ac (27,007 SF)
Zoning code
CMX
APN
1784.20-90-9608 0030015
UPID
US53-1991938
Jurisdiction
WAKE
Zoning & alternative use
CMX · Wendell, NC
Zoning CMX · permitted uses
CMX · Wendell, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wendell. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1936
Construction
CONCRETE BLOCKS
Heating
SPACE
Cooling
Yes
Stories
2
Lot
0.62 ac
Current owner
From public records · entity-resolved
Toni P Conoley
Individual
Free & Clear · 13 yrs held
Mailing address
PO BOX 445, ZEBULON, NC 27597-0445
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 9, 2016
—
Shiloh Temple Tabernacle Of Praye
—
Deed
related
$10,000 · Ks Bk INC
Dec 20, 2012
—
Toni P Conoley
Conoley,timothy G & Toni P
Quit Claim Deed
related
—
Dec 20, 2012
$207,500
Shiloh Temple Tabernacle Of Praye
Conoley,toni P & Timothy G
Warranty Deed
$191,321 · Toni P Conoley
—
—
Shiloh Temple Tabernacle Of Praye
—
Deed Of Trust
related
$10,000 · Ks Bk INC
—
—
Shiloh Temple Tabernacle Of Praye
—
Deed Of Trust
related
$225,000 · Ks 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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