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Property profile & analytics
OFF-MARKET
Estimated value
$2,540,000
Warehouses
890 Southport Supply SE Rd 1 Bolivia, NC 28422-7666
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US53-2016140
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2006
Total area
18,525 SF
Lot
6.01 ac (261,796 SF)
Zoning code
CLD
APN
1850001606
UPID
US53-2016140
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.89M
Comparable Approach
Comparable
$2.95M
Blend (final)
Blend
$2.54M
Owner & transaction history
Prime Storage Bolivia LLC · 8 yrs held
Prime Storage Bolivia LLC
since 2017
7 recorded transactions
Zoning & alternative use
CLD · Bolivia, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.2M
+39.3%
Apartment house (5+ units)
$3.5M
+17.6%
Auto repair, garage
$3.2M
+6.9%
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 Bolivia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bolivia 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%
$3,125,000
6.5%
$2,885,000
7%
$2,680,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,005,000
Current use
OFFICE BUILDING
$4,190,000
Change: +39% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,535,000
Change: +18% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,215,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$2.54M
Range $2.29M – $2.79M · ±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
$137 / 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
Property tax & assessments
Assessed value
$1,969,530
Assessed 2023
Previous assessed
$1,385,400
+42.2% YoY
Assessed land
$159,300
Assessed improvement
$1,810,230
Land market value
$159,300
Improvement market value
$1,810,230
Total market value
$1,969,530
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2006
Heating
NONE
Cooling
NONE
Stories
1
Total area
18,525 SF
Lot
6.01 ac (261,796 SF)
Zoning code
CLD
APN
1850001606
UPID
US53-2016140
Jurisdiction
BRUNSWICK
Zoning & alternative use
CLD · Bolivia, NC
Zoning CLD · permitted uses
CLD · Bolivia, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bolivia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.0M
OFFICE BUILDING
Est. value
$4.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.5M
AUTO REPAIR, GARAGE
Est. value
$3.2M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.01 ac
Current owner
From public records · entity-resolved
Prime Storage Bolivia LLC
Entity
Mailing address
83 RAILROAD PL #85, SARATOGA SPRINGS, NY 12866-2124
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2023
—
Prime Storage Bolivia LLC
—
Deed
related
$940,000,000 · Citi Real Estate Funding INC
Mar 15, 2022
—
Prime Storage Bolivia LLC
—
Deed
related
$950,000,000 · Citibank NA
May 6, 2019
—
Prime Storage Bolivia LLC
—
Deed
related
$438,000 · Citi Real Estate Funding INC
Sep 21, 2017
$1,516,000
Prime Storage Bolivia LLC
Diez,mary H & Aurelio
Warranty Deed
—
Jul 25, 2014
—
George H Holder
Holder,tess C
Quit Claim Deed
related
—
May 16, 2014
—
Tess C Holder
Holder Family Trust
Quit Claim Deed
related
—
Dec 1, 2004
$100,000
Holder Family Trust
Owner Name Unavailable
Warranty 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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