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Property profile & analytics
OFF-MARKET
Estimated value
$830,000
Commercial land
481 Ave Of The Carolinas, Carthage, NC 28327-9577
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-5209460
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
201.91 ac (8,795,200 SF)
Zoning code
RS-2
APN
31457
UPID
US53-5209460
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
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$830k
Owner & transaction history
The Ascot Corporation LLC · 2 yrs held
The Ascot Corporation LLC
since 2023
Last sale
$640,000
7 recorded transactions
Zoning & alternative use
RS-2 · Carthage, 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 Carthage submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Carthage 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
$1,065,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$830k
Range $747k – $913k · ±10% · vs last sale $640k (Jul 26 2023)
Last sale anchor
$640k
Jul 26 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
—
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
$8,499
Tax year 2024
Assessed value
$1,333,100
Assessed 2024
Previous assessed
$1,353,940
-1.5% YoY
Effective rate
0.64%
On assessed value
Assessed land
$1,333,100
Land market value
$1,333,100
Total market value
$1,333,100
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
201.91 ac (8,795,200 SF)
Zoning code
RS-2
APN
31457
UPID
US53-5209460
Jurisdiction
MOORE
Zoning & alternative use
RS-2 · Carthage, NC
Zoning RS-2 · permitted uses
RS-2 · Carthage, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Carthage. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
201.91 ac
Current owner
From public records · entity-resolved
The Ascot Corporation LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2709 THORNGROVE CT #1, FAYETTEVILLE, NC 28303-2971
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2023
$640,000
The Ascot Corporation LLC
Caropine Ventures LLC
Warranty Deed
—
Jul 19, 2022
$137,000
H & H Constructors Of Fayetteville
Dfc Revolver II LLC
Warranty Deed
—
May 23, 2022
$1,708,500
Dfc Revolver II LLC
Caropine Ventures LLC
Warranty Deed
—
Mar 31, 2022
$373,500
Daniel K Weidman
H & H Constructors Of Fayetteville
Warranty Deed
$279,995 · United Wholesale Mortgage
Apr 17, 2020
$62,000
H & H Constructors Of Fayetteville
Caropine Ventures LLC
Warranty Deed
—
Mar 27, 2020
$62,000
H & H Constructors Of Fayetteville
Caropine Ventures LLC
Warranty Deed
—
Feb 24, 2020
$62,000
H & H Constructors Of Fayetteville
Caropine Ventures LLC
Warranty Deed
—
Jan 24, 2020
$62,000
H & H Constructors Of Fayetteville
Caropine Ventures LLC
Warranty Deed
—
Dec 28, 2018
$387,000
David Monroe Ruffin
H & H Constructors Of Fayetteville
Warranty Deed
$265,238 · Wells Fargo Bank NA
Dec 19, 2018
$57,000
H & H Constructors Of Fayetteville
Caropine Ventures LLC
Warranty Deed
—
Aug 1, 2018
$60,000
H & H Constructors Of Fayetteville
Caropine Ventures LLC
Warranty Deed
—
Jun 30, 2017
—
Andrew J Bibb
—
Deed
related
$288,900 · Wells Fargo Bank NA
May 5, 2017
$57,000
H & H Constructors Of Fayetteville
Caropine Ventures LLC
Warranty Deed
—
Apr 7, 2017
$55,000
H And H Constructors Of Fayettevill
Caropine Ventures LLC
Warranty Deed
—
Aug 24, 2016
$368,000
Carlson Chow
H&h Constructors Of Fayetteville Ll
Warranty Deed
$286,962 · Assurance Financial Group LLC
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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