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Property profile & analytics
OFF-MARKET
Estimated value
$1,715,000
Warehouses
4928 Us Hwy 301st S, Hope Mills, NC 28348-2631
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1262538
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Total area
14,100 SF
Lot
9.05 ac (394,218 SF)
Zoning code
CP
APN
0423-17-5853
UPID
US53-1262538
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
$1.83M
Comparable Approach
Comparable
$1.90M
Blend (final)
Blend
$1.72M
Owner & transaction history
Ftpa Storage Hwy 301 LLC · 12 yrs held
Ftpa Storage Hwy 301 LLC
since 2014
6 recorded transactions
Zoning & alternative use
CP · Hope Mills, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.8M
+169.6%
Medical building
$2.4M
+130.8%
Office building
$2.2M
+113.0%
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 Hope Mills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hope Mills 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%
$1,985,000
6.5%
$1,830,000
7%
$1,700,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,035,000
Current use
RESTAURANT
$2,795,000
Change: +170% · Conversion: Difficult
MEDICAL BUILDING
$2,390,000
Change: +131% · Conversion: Difficult
OFFICE BUILDING
$2,210,000
Change: +113% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,140,000
Change: +106% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,860,000
Change: +79% · Conversion: Moderate
RETAIL STORES
$1,675,000
Change: +62% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,595,000
Change: +54% · Conversion: Difficult
Blend value · Realmo final
$1.72M
Range $1.54M – $1.89M · ±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
$122 / 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
$29,743
Tax year 2023
Assessed value
$2,977,300
Assessed 2023
Previous assessed
$2,977,300
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$320,722
Assessed improvement
$2,656,578
Land market value
$320,722
Improvement market value
$2,656,578
Total market value
$2,977,300
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Buildings
5
Stories
1
Bathrooms
4
Total area
14,100 SF
Lot
9.05 ac (394,218 SF)
Zoning code
CP
APN
0423-17-5853
UPID
US53-1262538
Jurisdiction
CUMBERLAND
Zoning & alternative use
CP · Hope Mills, NC
Zoning CP · permitted uses
CP · Hope Mills, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hope Mills. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.0M
RESTAURANT
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
COMMERCIAL (GENERAL)
Est. value
$1.6M
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2006
Heating
NONE
Stories
1
Buildings
5
Bathrooms
4
Lot
9.05 ac
Current owner
From public records · entity-resolved
Ftpa Storage Hwy 301 LLC
Entity
Mailing address
150 E 52ND ST #32, NEW YORK, NY 10022-6017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
May 16, 2024
—
Ftpa Storage Hwy 301 LP
—
Deed
related
$120,000,000 · Wells Fargo Bank NA
Sep 26, 2019
—
Ftpa Storage Hwy 301 LLC
—
Deed
related
$150,000 · Bank Of America
May 5, 2014
$4,100,000
Ftpa Storage Hwy 301 LLC
Smack Ents LLC
Grant Deed
—
Sep 7, 2006
—
Smack Ents LLC
—
Trustees Deed
related
$385,000 · New Century Bank South
Sep 9, 2005
$181,500
Smack Ents LLC
Mann & Byrd LLC
Warranty Deed
$1,705,958 · New Century Bkfayetteville
—
—
Ftpa Storage Hwy 301 LLC
—
Deed Of Trust
related
$150,000 · Bank Of America
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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