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Property profile & analytics
OFF-MARKET
Estimated value
$2,345,000
Warehouses
861 Old Knight Rd, Knightdale, NC 27545-7803
Entity Owned
11-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1936082
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
METAL FRAME
Total area
23,440 SF
Lot
6.99 ac (304,484 SF)
Zoning code
HB
APN
1754.11-56-5606 0087205
UPID
US53-1936082
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
-
CrossFit Knightdale Gym & Fitness Center
-
New Vision Cuts Barber Shop Barber Shop
-
john harrison barber hairstyle Barber Shop
-
Hair of Essence Hair Salon Nail Salon
-
Slick Cutz The Barber Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.81M
Comparable Approach
Comparable
$2.86M
Blend (final)
Blend
$2.35M
Owner & transaction history
Blinson Buildings INC · 11 yrs held
Blinson Buildings INC
since 2014
5 recorded transactions
Zoning & alternative use
HB · Knightdale, 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 Knightdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Knightdale 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%
$3,035,000
6.5%
$2,805,000
7%
$2,600,000
Blend value · Realmo final
$2.35M
Range $2.11M – $2.58M · ±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
$100 / 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
$40,413
Tax year 2023
Assessed value
$3,650,717
Assessed 2023
Previous assessed
$3,650,717
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,208,767
Assessed improvement
$2,441,950
Land market value
$1,208,767
Improvement market value
$2,441,950
Total market value
$3,650,717
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
1991
Construction
METAL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
23,440 SF
Lot
6.99 ac (304,484 SF)
Zoning code
HB
APN
1754.11-56-5606 0087205
UPID
US53-1936082
Jurisdiction
WAKE
Zoning & alternative use
HB · Knightdale, NC
Zoning HB · permitted uses
HB · Knightdale, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Knightdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
METAL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
6.99 ac
Current owner
From public records · entity-resolved
Blinson Buildings INC
Entity
Mailing address
3305 DURHAM DR STE #109, RALEIGH, NC 27603-3579
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Feb 16, 2017
—
Knightdale Business Ptrs LLC
—
Deed
related
$1,305,000 · Hometrust Bk
Aug 27, 2014
$75,000
Blinson Buildings INC
Knightdale Business Ptrs LLC
Warranty Deed
$150,000 · Branch Bk&tr
Aug 11, 2004
—
Knightdale Business Ptrs LLC
Knightdale Business Partners
Quit Claim Deed
related
—
—
—
Knightdale Business Partners
—
Deed Of Trust
related
$1,750,000 · Patriot St Bk
—
—
Knightdale Business Ptrs LLC
—
Deed Of Trust
related
$1,305,000 · Hometrust 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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