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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Warehouses
5715 Stockbridge Dr Monroe, NC 28110-9188
Individually Owned
3-yr Hold
Free & Clear
Property ID
US53-1189920
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2005
Total area
10,000 SF
Lot
1.1 ac (47,916 SF)
Zoning code
HC UNION COUNTY
APN
07-066-015Z
UPID
US53-1189920
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
Current use
Occupant on record · Public records
-
GB Furniture Inc. General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$941k
Blend (final)
Blend
$770k
Owner & transaction history
Gustavo Enrique Barriga · 3 yrs held
Gustavo Enrique Barriga
since 2022
6 recorded transactions
Zoning & alternative use
HC UNION COUNTY · Monroe, 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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$910,000
Current use
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$77 / 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
$2,757
Tax year 2023
Assessed value
$436,200
Assessed 2023
Previous assessed
$436,200
+0.0% YoY
Effective rate
0.63%
On assessed value
Assessed land
$99,000
Assessed improvement
$337,200
Land market value
$99,000
Improvement market value
$337,200
Total market value
$436,200
Applied tax rate
923.0000
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
2005
Heating
YES
Stories
1
Total area
10,000 SF
Lot
1.1 ac (47,916 SF)
Zoning code
HC UNION COUNTY
APN
07-066-015Z
UPID
US53-1189920
Jurisdiction
UNION
Zoning & alternative use
HC UNION COUNTY · Monroe, NC
Zoning HC UNION COUNTY · permitted uses
HC UNION COUNTY · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$910,000
WAREHOUSE, STORAGE Current
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
2005
Heating
YES
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Gustavo Enrique Barriga
Individual
Free & Clear · 3 yrs held
Mailing address
11516 DEETZY AVE, MATTHEWS, NC 28105-0041
Ownership since
2022
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
Sep 9, 2025
—
Gustavo Enrique Bariuga
—
Deed
related
$70,000 · Joseph M Pope
Dec 6, 2022
—
Gustavo Enrique Barriga
Gb Furniture INC
Warranty Deed
—
Aug 23, 2021
—
Gb Furniture INC
—
Deed
related
$248,684 · Peoples Bank
Nov 18, 2015
$450,000
Gb Furniture INC
Sje Properties LLC
Warranty Deed
$360,000 · Bank Of America
Feb 2, 2011
$345,000
Sje Properties LLC
Grace Holdings LLC
Warranty Deed
$250,000 · Citizens South Bank
Mar 14, 2005
—
Grace Holdings LLC
—
Trustees Deed
related
$404,000 · Trinity Bank
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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