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Property profile & analytics
OFF-MARKET
Estimated value
$3,640,000
Warehouses
5991 Caldwell Park Dr, Harrisburg, NC 28075-7402
Entity Owned
11-yr Hold
Property ID
US53-5256055
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
STEEL FRAME
Total area
65,262 SF
Lot
7 ac (304,920 SF)
Zoning code
PUD
APN
4597 90 5707
UPID
US53-5256055
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
-
Universal Yarn Inc Industrial Manufacturer Production Facility
-
Premier Yarns Textile Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.72M
Blend (final)
Blend
$3.64M
Owner & transaction history
Starbella Investments LLC · 11 yrs held
Starbella Investments LLC
since 2015
7 recorded transactions
Zoning & alternative use
PUD · Harrisburg, 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 Harrisburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Harrisburg 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
$5,640,000
Current use
Blend value · Realmo final
$3.64M
Range $3.28M – $4.00M · ±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
$56 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$65,252
Tax year 2024
Assessed value
$6,617,820
Assessed 2024
Previous assessed
$4,983,050
+32.8% YoY
Effective rate
0.99%
On assessed value
Assessed land
$1,187,550
Assessed improvement
$5,430,270
Land market value
$1,187,550
Improvement market value
$5,430,270
Total market value
$6,617,820
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
9
Total area
65,262 SF
Lot
7 ac (304,920 SF)
Zoning code
PUD
APN
4597 90 5707
UPID
US53-5256055
Jurisdiction
CABARRUS
Zoning & alternative use
PUD · Harrisburg, NC
Zoning PUD · permitted uses
PUD · Harrisburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Harrisburg. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.6M
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
2006
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
9
Lot
7 ac
Current owner
From public records · entity-resolved
Starbella Investments LLC
Entity
Mailing address
5991 CALDWELL PARK DR, HARRISBURG, NC 28075-7402
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 27, 2015
—
Starbella Investments LLC
Universal Yarn INC
Warranty Deed
related
—
Jun 20, 2013
—
Universal Yarn INC
—
Deed Of Trust
related
$3,310,045 · Bank Of America
Aug 30, 2011
$2,000,000
Universal Yarn INC
Suntrust Bk
Grant Deed
$1,700,000 · Bank Of North Carolina
Mar 31, 2011
$2,210,000
Suntrust Bk
Simpson,david T JR
Trustees Deed
related
—
—
—
Samuel Magliocca JR.
—
Deed Of Trust
related
$197,000 · Cabarrus Bank & Trust Co
—
—
Samuel Magliocca JR.
—
Deed Of Trust
related
$577,876 · Suntrust Bank NA
—
—
Samuel Magliocca JR.
—
Deed Of Trust
related
$298,000 · Suntrust Bank NA
—
—
Starbella Investments LLC
—
Deed Of Trust
related
$1,350,000 · Jp Morgan Chase Bk
—
—
Samuel Magliocca
—
Deed Of Trust
related
$451,084 · Silver Line Building Products
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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