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Property profile & analytics
OFF-MARKET
Estimated value
$1,155,000
Warehouses
5823 Hwy 74, Indian Trail, NC 28079-3589
Entity Owned
Free & Clear
Property ID
US53-0107202
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1991
Total area
8,652 SF
Lot
0.98 ac (42,558 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-069-117A
UPID
US53-0107202
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
$1.14M
Comparable Approach
Comparable
$1.49M
Blend (final)
Blend
$1.16M
Owner & transaction history
Svmp Developer LLC
Svmp Developer LLC
since 2026
5 recorded transactions
Zoning & alternative use
RBD INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+21.6%
Auto repair, garage
$1.4M
+17.8%
Commercial (general)
$1.4M
+16.9%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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%
$1,230,000
6.5%
$1,135,000
7%
$1,055,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,165,000
Current use
OFFICE BUILDING
$1,415,000
Change: +22% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,370,000
Change: +18% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,360,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,310,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$1.16M
Range $1.04M – $1.27M · ±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
$133 / 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
$7,507
Tax year 2023
Assessed value
$836,100
Assessed 2023
Previous assessed
$836,100
+0.0% YoY
Effective rate
0.90%
On assessed value
Assessed land
$586,200
Assessed improvement
$249,900
Land market value
$586,200
Improvement market value
$249,900
Total market value
$836,100
Applied tax rate
619.0000
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
1991
Heating
YES
Stories
2
Total area
8,652 SF
Lot
0.98 ac (42,558 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-069-117A
UPID
US53-0107202
Jurisdiction
UNION
Zoning & alternative use
RBD INDIAN TRAIL · Indian Trail, NC
Zoning RBD INDIAN TRAIL · permitted uses
RBD INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.3M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1991
Heating
YES
Stories
2
Lot
0.98 ac
Current owner
From public records · entity-resolved
Svmp Developer LLC
Entity
Free & Clear · 0 yrs held
Mailing address
231 POST OFC DR STE B8, INDIAN TRAIL, NC 28079-7678
Ownership since
2026
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
Jan 2, 2026
—
Svmp Developer LLC
Village Capital Corporation
Special Warranty Deed
—
May 19, 2023
$22,709,000
Village Capital Corporation
Sun Valley Marketplace II LLC
Special Warranty Deed
—
Apr 22, 2008
—
Sun Valley Marketplace II LLC
Sun Valley Marketplace LLC
Quit Claim Deed
—
Oct 17, 2006
$427,000
Sun Valley Marketplace LLC
Craver,robert W & Shirley B
Warranty Deed
—
—
—
Sun Valley Marketplace LLC
—
Deed Of Trust
related
$452,620 · First Charter 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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