New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,525,000
Warehouses
485 Old Wilson Rd, Wendell, NC 27591-6302
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2080346
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Construction
METAL FRAME
Total area
120,000 SF
Lot
9.5 ac (413,820 SF)
Zoning code
MI
APN
1794.17-00-8822 0220422
UPID
US53-2080346
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.53M
Owner & transaction history
485 Old Wilson Road Property LLC · 2 yrs held
485 Old Wilson Road Property LLC
since 2023
5 recorded transactions
Zoning & alternative use
MI · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$79 / 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
Tax billed
$19,659
Tax year 2023
Assessed value
$2,521,332
Assessed 2023
Previous assessed
$2,521,332
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$504,526
Assessed improvement
$2,016,806
Land market value
$504,526
Improvement market value
$2,016,806
Total market value
$2,521,332
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
1973
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
120,000 SF
Lot
9.5 ac (413,820 SF)
Zoning code
MI
APN
1794.17-00-8822 0220422
UPID
US53-2080346
Jurisdiction
WAKE
Zoning & alternative use
MI · Wendell, NC
Zoning MI · permitted uses
MI · 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
1973
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
9.5 ac
Current owner
From public records · entity-resolved
485 Old Wilson Road Property LLC
Entity
Free & Clear · 2 yrs held
Mailing address
510 INDIAN CORN ST, DANIEL ISLAND, SC 29492-8279
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
485 Old Wilson Road Property LLC
—
Deed
related
$633,350 · Kristie Swofford Roe
Nov 8, 2023
—
485 Old Wilson Road Property LLC
Kristie Swofford Swofford
Intrafamily Transfer
related
—
Jan 28, 2011
—
Robert P Swofford
Roe,kristie S & Michael
Grant Deed
related
—
Aug 4, 2003
—
Robert P Swofford
—
Deed Of Trust
related
—
Jul 30, 2003
—
Robert P Swofford
Player,thomas
Grant 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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