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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Industrial properties
610 Russell St, Fayetteville, NC 28301-5847
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0826166
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1920
Total area
2,328 SF
Lot
10.91 ac (475,240 SF)
Zoning code
CC-COMMUNITY COMMERCIAL,H
APN
0437-91-5580
UPID
US53-0826166
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
$640k
CAP Approach
CAP
$365k
Comparable Approach
Comparable
$462k
Blend (final)
Blend
$535k
Owner & transaction history
Russell Street LLC · 3 yrs held
Russell Street LLC
since 2023
Last sale
$535,000
4 recorded transactions
Zoning & alternative use
CC-COMMUNITY COMMERCIAL,H · Fayetteville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$370,000
+36.3%
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 Fayetteville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fayetteville 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
$660,000
ML approach
$640,000
CAP Approach
CAP Return
Estimation
6%
$395,000
6.5%
$365,000
7%
$340,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$370,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $535k (May 22 2023)
Last sale anchor
$535k
May 22 2023
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
$230 / 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
$3,882
Tax year 2023
Assessed value
$187,842
Assessed 2023
Previous assessed
$187,842
+0.0% YoY
Effective rate
2.07%
On assessed value
Assessed land
$163,839
Assessed improvement
$24,003
Land market value
$163,839
Improvement market value
$24,003
Total market value
$187,842
Applied tax rate
1,000.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1920
Heating
YES
Stories
1
Bathrooms
8
Total area
2,328 SF
Lot
10.91 ac (475,240 SF)
Zoning code
CC-COMMUNITY COMMERCIAL,H
APN
0437-91-5580
UPID
US53-0826166
Jurisdiction
CUMBERLAND
Zoning & alternative use
CC-COMMUNITY COMMERCIAL,H · Fayetteville, NC
Zoning CC-COMMUNITY COMMERCIAL,H · permitted uses
CC-COMMUNITY COMMERCIAL,H · Fayetteville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Fayetteville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$370,000
COMMERCIAL (GENERAL)
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
1920
Heating
YES
Stories
1
Bathrooms
8
Lot
10.91 ac
Current owner
From public records · entity-resolved
Russell Street LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2310 GARNER RD, RALEIGH, NC 27610-4612
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 22, 2023
$535,000
Russell Street LLC
Fayetteville Forward LLC
Warranty Deed
—
Oct 18, 2011
$325,000
Djsmd LLC
Hair,john S
Warranty Deed
—
Oct 13, 2010
—
J S Hair SR.
Melvin,james D JR & Jane H
Grant Deed
related
—
Oct 4, 2007
$100,000
Fayetteville Forward LLC
Sheriff Of Cumberland County
Trustees 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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