Property profile

7968 Old Bailey Hwy Spring Hope, NC 27882

OFF-MARKET
Warehouses
Property ID
US53-2857300
92,616 SF 107.63 ac lot Built 1972
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1972
Total area 92,616 SF
Lot 107.63 ac (4,688,363 SF)
APN 279700-32-0401U
UPID US53-2857300

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7968 Old Bailey Hwy Spring Hope, NC 27882
Spring Hope metro Census 11300 ROCKY MOUNT, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$12.38M
Comparable Approach Comparable
$17.74M
Blend (final) Blend
$3.88M

Owner & transaction history

since 2025
1 recorded transaction
2025
Price N/A

Zoning & alternative use

Top alternative use upside
Office building $20.7M +91.8%
Commercial (general) $14.8M +36.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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