Entity Owned Property summary
AI-generated overview
This exceptional self-storage opportunity in Poplar Branch, North Carolina, presents a compelling investment prospect. The Currituck Self Storage facility, located at 5812 Caratoke Hwy, 27965, boasts 22,582 net rentable square feet across six buildings on a 5.15-acre lot. Built in 1996, the facility currently houses 189 non-climate-controlled units and enjoys a remarkable 90% occupancy rate, generating a strong NOI of $135,461 and a 7% cap rate at the asking price of $1,940,000. The property benefits from a high barrier to entry, thanks to recent Currituck County zoning changes requiring new self-storage facilities to occupy at least 3 acres of land zoned for heavy or light industrial use. Significant upside potential exists through expansion
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
2,268 SF
Lot
4.15 ac (180,774 SF)
Zoning code
GB
APN
0084000016H0000
UPID
US53-2808030
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Storage Facility
-
Garden Center
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.19M
Owner & transaction history
since 2025
Last sale
$1.5M
2 recorded transactions
Zoning & alternative use
GB · Poplar Branch, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$1.19M
Value range
$1.07M – $1.30M
±10% around blend
Estimated value / SF
$522 / SF
Confidence
Property data
100
Comparable evidence
60
$1.07M
blend $1.19M
$1.30M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,268 SF
Lot area
4.15 ac
Year built
1996
Stories
2
APN
0084000016H0000
Zoning
GB
Assessed value
$751,400
Annual tax
$4,263
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.19M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.52M
Move the market yield to see immediate price impact.
Value / SF
$670
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$96k
$1.92M
$1.37M
$1.06M
$106k
$2.13M
$1.52M
$1.18M
$117k
$2.34M
$1.67M
$1.30M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$4,263
Tax year 2023
Assessed value
$751,400
Assessed 2023
Previous assessed
$751,400
+0.0% YoY
Effective rate
0.57%
On assessed value
Assessed land
$257,500
Assessed improvement
$493,900
Land market value
$257,500
Improvement market value
$493,900
Total market value
$751,400
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1996
Heating
NONE
Buildings
2
Stories
2
Units
1
Total area
2,268 SF
Lot
4.15 ac (180,774 SF)
Zoning code
GB
APN
0084000016H0000
UPID
US53-2808030
Jurisdiction
CURRITUCK
Zoning & alternative use
GB · Poplar Branch, NCZoning GB · permitted uses
GB · Poplar Branch, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
2
Buildings
2
Units
1
Lot
4.15 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GB
Jurisdiction
Poplar Branch, NC
Recorded code
GB
Ownership Intelligence
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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