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Property profile & analytics
OFF-MARKET
Estimated value
$1,360,000
Warehouses
8625 Knightdale Blvd, Knightdale, NC 27545-8518
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1643416
Property summary
AI-generated overview
This exceptional 10,500-square-foot warehouse, located at 8625 Knightdale Boulevard in Knightdale, North Carolina, presents a significant opportunity for businesses seeking single-tenant occupancy. The property boasts a convenient single-tenant configuration, eliminating the complexities of shared spaces. The entire 10,500 square feet is currently vacant and ready for immediate occupancy, allowing for seamless customization to meet specific operational needs. The warehouse features one convenient drive-in door, facilitating efficient loading and unloading of goods. Situated in Wake County, this property benefits from excellent access to major transportation arteries, streamlining logistics and distribution. The property's address is 8625 Knightdale Blvd, Knightdale, NC 27545, with its precise location identified by latitude 35.8048058 and longitude -78.4433545. The property's Assessment Parcel Number (APN) is 1764581208. This industrial property is classified as a warehouse and is ideal for a variety of businesses requiring ample space and convenient access. The property is available for lease.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
METAL FRAME
Total area
10,500 SF
Lot
1.84 ac (80,150 SF)
Zoning code
HB
APN
1764.02-58-1208 0074800
UPID
US53-1643416
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
-
New Era Towing and Trucking Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.72M
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$1.79M
Blend (final)
Blend
$1.36M
Owner & transaction history
January Ptshp LLC · 5 yrs held
January Ptshp LLC
since 2020
Last sale
$1.1M
3 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
$1,770,000
ML approach
$1,720,000
CAP Approach
CAP Return
Estimation
6%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,200,000
Current use
Blend value · Realmo final
$1.36M
Range $1.22M – $1.50M · ±10% · vs last sale $1.07M (Sep 22 2020)
Last sale anchor
$1.07M
Sep 22 2020
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
$130 / 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
$6,559
Tax year 2024
Assessed value
$1,056,229
Assessed 2024
Previous assessed
$1,056,229
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$416,780
Assessed improvement
$639,449
Land market value
$416,780
Improvement market value
$639,449
Total market value
$1,056,229
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
1990
Construction
METAL FRAME
Heating
YES
Cooling
CENTRAL
Stories
1
Total area
10,500 SF
Lot
1.84 ac (80,150 SF)
Zoning code
HB
APN
1764.02-58-1208 0074800
UPID
US53-1643416
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.2M
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
1990
Construction
METAL FRAME
Heating
YES
Cooling
Yes
Stories
1
Lot
1.84 ac
Current owner
From public records · entity-resolved
January Ptshp LLC
Entity
Free & Clear · 5 yrs held
Mailing address
500 CARDINAL DR, RALEIGH, NC 27604-2210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2020
—
January Ptshp LLC
Todd H Tanksy
Grant Deed
—
Feb 5, 2016
—
Todd H Tansky
Tansky,stan
Quit Claim Deed
related
—
Nov 3, 2015
$263,000
Todd H Tansky
Tansky,stan
Grant 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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