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Property profile & analytics
OFF-MARKET
Estimated value
$1,015,000
Warehouses
621 Micaville Loop, Burnsville, NC 28714-0828
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3610759
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1968
Total area
59,700 SF
Lot
6.16 ac (268,330 SF)
APN
084020802835.000
UPID
US53-3610759
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
-
Lucky Sheep Sleeping Bags (Bike/Boat/Book/etc) Store
-
Mountain Community Health Partnership Medical Clinic
-
Body Tribe Gym & Fitness Center
-
The Find Vintage Warehouse Home Decor Store (Bike/Boat/Book/etc) Store
-
Aspen Shed Co Production Facility Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.29M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.02M
Owner & transaction history
Crabtree Creek LLC · 4 yrs held
Crabtree Creek LLC
since 2022
Last sale
$1.0M
5 recorded transactions
Zoning & alternative use
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 Burnsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burnsville 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
$1,050,000
ML approach
$1,285,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.02M
Range $914k – $1.12M · ±10% · vs last sale $1.00M (Apr 12 2022)
Last sale anchor
$1.00M
Apr 12 2022
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
$17 / 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
$11,844
Tax year 2024
Assessed value
$2,007,400
Assessed 2024
Previous assessed
$849,100
+136.4% YoY
Effective rate
0.59%
On assessed value
Assessed land
$244,600
Assessed improvement
$1,762,800
Applied tax rate
8.0000
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
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
1968
Heating
STEAM
Cooling
NONE
Stories
1
Total area
59,700 SF
Lot
6.16 ac (268,330 SF)
APN
084020802835.000
UPID
US53-3610759
Jurisdiction
YANCEY
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1968
Heating
STEAM
Cooling
Yes
Stories
1
Lot
6.16 ac
Current owner
From public records · entity-resolved
Crabtree Creek LLC
Entity
Free & Clear · 4 yrs held
Mailing address
2804 WHITE OAK RD, BURNSVILLE, NC 28714-6686
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 12, 2022
$1,000,000
Crabtree Creek LLC
Micaville Loop LLC
Warranty Deed
—
Apr 24, 2018
—
Micaville Loop LLC
—
Deed
related
$200,000 · Pinnacle Bk
Nov 18, 2010
$450,000
Micaville Loop LLC
Taylor Togs INC
Grant Deed
$375,000 · Togs Taylor
—
—
Micaville Loop LLC
—
Deed Of Trust
related
$545,100 · Branch Bk&tr
—
—
Micaville Loop LLC
—
Loan Modification
related
$200,000 · Pinnacle Bk
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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