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Property profile & analytics
OFF-MARKET
Sports & entertainment properties
899 Bala Ln Wilmington, NC 28409
Individually Owned
Absentee Owner
Free & Clear
Property ID
US53-5637644
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Lot
0.72 ac (31,363 SF)
Zoning code
R-15,RESIDENTIAL DISTRICT
APN
R08507-005-001-000
UPID
US53-5637644
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Daniel Sorce
Daniel Sorce
since 2026
Last sale
$105,000
7 recorded transactions
Zoning & alternative use
R-15,RESIDENTIAL DISTRICT · Wilmington, NC
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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,316
Tax year 2023
Assessed value
$183,300
Assessed 2023
Previous assessed
$183,300
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$183,300
Land market value
$183,300
Total market value
$183,300
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
Off-Market
Heating
NONE
Lot
0.72 ac (31,363 SF)
Zoning code
R-15,RESIDENTIAL DISTRICT
APN
R08507-005-001-000
UPID
US53-5637644
Jurisdiction
NEW HANOVER
Zoning & alternative use
R-15,RESIDENTIAL DISTRICT · Wilmington, NCZoning R-15,RESIDENTIAL DISTRICT · permitted uses
R-15,RESIDENTIAL DISTRICT · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
code of ordinances
Building & site characteristics
From public records
Heating
NONE
Lot
0.72 ac
Current owner
From public records · entity-resolved
Daniel Sorce
Individual
Free & Clear · 0 yrs held
Mailing address
3426 S TOT HL FARM RD STE #110, ASHEBORO, NC 27205-9544
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
58 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2026
$150,000
Daniel Sorce
David Joseph Garrigues
Warranty Deed
—
Jun 30, 2025
$153,000
Ryan M Albert
Isaac Lee Blaylock JR
Deed
related
—
May 29, 2025
—
David Joseph Garrigues
David J Garrigues
Deed
related
—
Apr 30, 2025
—
Carolyn Ryan
—
Deed
related
$124,000 · First Citizens Bank & Trust Co
Apr 17, 2025
—
Ronald L Hinderer
Ronald Hinderer
Deed
related
—
Dec 17, 2024
—
Angela Kruger
Ronald J Kruger
Deed
related
—
Jul 31, 2024
$105,000
Jeffrey T Tyl
Larry J Vaudrin
Warranty Deed
—
Jun 24, 2024
$160,000
Ronald Hinderer
Jorge Nagel
Warranty Deed
—
May 24, 2024
$122,000
Amir Ghoddoussi
Booth Jackson And Stephens LLC
Warranty Deed
—
Apr 19, 2024
—
John Arthur Brink
John A Brink
Intrafamily Transfer
related
—
Dec 18, 2023
$295,000
Benjamin F Mitchell
Bentleys Vacation Properties LLC
Warranty Deed
—
Jan 27, 2023
$125,000
Laura Schauer
Donald G Scott
Warranty Deed
—
Jul 7, 2022
$143,000
Leonardo B Lecci
Margaret P Eubank
Warranty Deed
—
Nov 24, 2021
$53,500
Robert And Jean Bracco Revocable Tr
John W Sweeney
Warranty Deed
—
Nov 19, 2021
$100,000
Gregory L Vassar
Bdw Property LLC
Warranty Deed
$80,000 · First Citizens Bank & Trust Co
Oct 21, 2021
$88,000
Christopher T White
Dennis Barber
Warranty Deed
—
Oct 12, 2021
$72,000
Lee E Oppegaard
Marine One LLC
Warranty Deed
—
Sep 24, 2021
$86,000
Stan Johnson III
Mark Johnson
Warranty Deed
related
—
Aug 31, 2021
$49,000
Jerry A Flake
Jerilynn Darfler
Warranty Deed
—
Jun 16, 2021
$52,500
Christophr Lee Pendill
Bdw Property LLC
Warranty Deed
—
May 25, 2021
$40,000
Stephenson Hilderbrandt
Mary Jo Conlogue
Warranty Deed
—
May 24, 2021
$74,000
Michael And Kara Gnsmann Living Tru
Jerilynn Darfler
Warranty Deed
—
May 21, 2021
$83,500
James E Wilson
Bdw Property LLC
Warranty Deed
—
May 14, 2021
$51,000
James Mclellan
Bdw Property LLC
Warranty Deed
$40,951 · First Citizens Bank & Trust Co
May 14, 2021
$42,500
John A Brink
Sandra D Maynard
Warranty Deed
—
May 5, 2021
$42,000
Vickie Barefoot Adcox
Gary Faulkner
Warranty Deed
—
Apr 16, 2021
—
Clh Beach LLC
Clh Coastal LLC
Intrafamily Transfer
related
$55,500 · Dogwood State Bank
Apr 9, 2021
$77,500
Anthony Todd Barbour
Carlos Lagomarsino
Warranty Deed
$62,000 · First Citizens Bank & Trust Co
Apr 5, 2021
$53,000
Kathleen Boyhan
Eric L Reeves
Warranty Deed
$30,151 · First Citizens Bank & Trust Co
Mar 19, 2021
$86,000
Gilbert C Laite III
Ann M Respess
Warranty Deed
—
Feb 22, 2021
$69,000
Jorge Nagel
Christopher D Gaither
Warranty Deed
—
Feb 17, 2021
$74,000
Clh Coastal LLC
Kevin M Walsh
Warranty Deed
—
Jan 29, 2021
—
David J Garrigues
Louis H Cress
Warranty Deed
related
—
Jan 21, 2021
—
John A Pieno
—
Deed
related
$50,151 · First Citizens Bk
Jan 6, 2021
$64,000
Ronald J Kruger
Jay Rinehart
Warranty Deed
—
Dec 3, 2020
$63,000
Scott Frederick
David W Yow
Warranty Deed
—
Nov 13, 2020
$67,000
Bentleys Vacation Properties
Herman INC
Warranty Deed
—
Sep 3, 2020
$70,000
Brian K Banks
Zoltan R Kollat
Warranty Deed
—
Jul 31, 2020
$59,000
Troy M Williamson
William J Obrian
Warranty Deed
related
$47,275 · First Citizens Bk
Jun 24, 2020
$50,000
William S Bennett
Rodney Annis
Warranty Deed
—
Jun 10, 2020
$43,000
Ryan West
Jerilynn Darfler
Warranty Deed
—
May 14, 2020
$37,000
Andrew Swenson
Lawrence H Mathews
Warranty Deed
—
Sep 16, 2016
—
David D Sims
—
Deed
related
$19,695 · First Citizens Bk
Oct 9, 2014
—
Alisone W Carr
Carr,pamela P
Quit Claim Deed
related
—
May 7, 2010
—
Dechesere Jay Living Trust
Lea Dev Co LLC
Warranty Deed
related
—
Jan 30, 2009
—
Michael S Huppert
Wolff,patrick
Grant Deed
related
—
Oct 3, 2008
$125,000
Lea Dev Co LLC
Dylan Mortgage INC
Grant Deed
related
$75,000 · Jay Dechesere
Dec 19, 2006
$95,000
Herman INC
Connaway,shawn M & Mary C
Warranty Deed
—
Aug 9, 2006
$85,000
Victoria Richard LLC
Himmelstein,richard & Victoria A
Warranty Deed
related
—
May 15, 2006
$130,500
Pabers,greg B
Cape Fear Yacht Center LLC
Warranty Deed
$104,360 · First Citizens Bk
Jun 30, 2005
$68,500
Shawn M Connaway
Charlton,james A & Isobel M
Warranty Deed
$48,500 · First Citizens Bank & Trust Co
May 27, 2005
$37,000
Daniel G Barber
Wright,brent D
Warranty Deed
—
—
—
Ram Investments LLC
—
Deed Of Trust
related
$44,800 · First Citizens Bk
—
—
Reeves,eric L & Lynn S
—
Deed Of Trust
related
$45,000 · Carolina First Bk
—
—
William T Kane JR.
—
Deed Of Trust
related
$45,000 · First Citizens Bk
—
—
Goforth,gene & Rose D
—
Deed Of Trust
related
$50,500 · Wachovia Bk
—
—
David D Sims
—
Deed Of Trust
related
$19,695 · First Citizens Bk
—
—
John A Pieno
—
Deed Of Trust
related
$50,151 · First Citizens 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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