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Property profile & analytics
OFF-MARKET
Distribution centers
5240 Us Hwy 21, Jonesville, NC 28642-9108
Individually Owned
18-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2107812
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1973
Construction
METAL FRAME
Total area
3,107 SF
Lot
0.63 ac (27,443 SF)
Zoning code
HB
APN
116620
UPID
US53-2107812
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
by Request
Owner & transaction history
Terry R Myers · 18 yrs held
Terry R Myers
since 2008
2 recorded transactions
Zoning & alternative use
HB · Jonesville, 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 Jonesville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jonesville 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
—
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
$612
Tax year 2024
Assessed value
$87,499
Assessed 2024
Previous assessed
$87,499
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$27,720
Assessed improvement
$59,779
Land market value
$27,720
Improvement market value
$59,779
Total market value
$87,499
Applied tax rate
111.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1973
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
1
Total area
3,107 SF
Lot
0.63 ac (27,443 SF)
Zoning code
HB
APN
116620
UPID
US53-2107812
Jurisdiction
YADKIN
Zoning & alternative use
HB · Jonesville, NC
Zoning HB · permitted uses
HB · Jonesville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jonesville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1973
Construction
METAL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Terry R Myers
Individual
Mailing address
5229 RIV RD, BOONVILLE, NC 27011-8369
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2008
$112,000
Terry R Myers
Donald Ricky Zachary
Warranty Deed
$108,400 · Yadkin Valley Bank & Trust Company
Oct 25, 2006
$100
Donald R Simmons
Gilliam,james S & Jill S
Warranty 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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