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Property profile & analytics
OFF-MARKET
Estimated value
$2,410,000
Warehouses
722 Gannon Ave, Zebulon, NC 27597-2514
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-2146192
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Construction
CONCRETE BLOCKS
Total area
16,660 SF
Lot
3.07 ac (133,729 SF)
Zoning code
HC
APN
1795.16-84-3589 0081582
UPID
US53-2146192
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
-
Zebulon Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.51M
Comparable Approach
Comparable
$1.64M
Blend (final)
Blend
$2.41M
Owner & transaction history
Aaaa Mini Storage LLC · 7 yrs held
Aaaa Mini Storage LLC
since 2019
4 recorded transactions
Zoning & alternative use
HC · Zebulon, 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 Zebulon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zebulon 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%
$2,710,000
6.5%
$2,505,000
7%
$2,325,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,495,000
Current use
Blend value · Realmo final
$2.41M
Range $2.17M – $2.65M · ±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
$145 / 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
$22,598
Tax year 2023
Assessed value
$1,914,280
Assessed 2023
Previous assessed
$1,914,280
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$401,187
Assessed improvement
$1,513,093
Land market value
$401,187
Improvement market value
$1,513,093
Total market value
$1,914,280
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
1982
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Units
156
Total area
16,660 SF
Lot
3.07 ac (133,729 SF)
Zoning code
HC
APN
1795.16-84-3589 0081582
UPID
US53-2146192
Jurisdiction
WAKE
Zoning & alternative use
HC · Zebulon, NC
Zoning HC · permitted uses
HC · Zebulon, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zebulon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.5M
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
1982
Construction
CONCRETE BLOCKS
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
156
Lot
3.07 ac
Current owner
From public records · entity-resolved
Aaaa Mini Storage LLC
Entity
Mailing address
3430 SUNSET AVE STE 8A, ROCKY MOUNT, NC 27804-3554
Ownership since
2019
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
Dec 17, 2025
—
Aaaa Mini Storage LLC
—
Deed
related
$1,500,000 · Townebank
Aug 29, 2025
—
Aaaa Mini Storage LLC
—
Deed
related
$1,500,000 · Townebank
Jan 15, 2019
$1,000,000
Aaaa Mini Storage LLC
Crouse,donna M B & Michael T
Warranty Deed
$900,000 · Branch Banking & Tr Co
Aug 9, 2002
—
Donna M Crouse
Crouse,donna M
Quit Claim 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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