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Property profile & analytics
OFF-MARKET
Estimated value
$2,520,000
Commercial land
900 Chapel St, Landis, NC 28088-1133
Entity Owned
~
Est. High Equity
Property ID
US53-2743130
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1980
Lot
6.35 ac (276,606 SF)
Zoning code
CBI
APN
163 121
UPID
US53-2743130
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
-
Forward Storage (formerly Landis Self Storage) Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.52M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.52M
Owner & transaction history
10fss 900 N Chapel St Landis Nc LLC
10fss 900 N Chapel St Landis Nc LLC
since 2026
Last sale
$2.5M
6 recorded transactions
Zoning & alternative use
CBI · Landis, 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 Landis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Landis 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
$2,520,000
ML approach
$2,520,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.52M
Range $2.27M – $2.77M · ±10% · vs last sale $2.52M (Mar 15 2024)
Last sale anchor
$2.52M
Mar 15 2024
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
—
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
$688
Tax year 2023
Assessed value
$110,584
Assessed 2023
Previous assessed
$110,584
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$100,584
Assessed improvement
$10,000
Land market value
$100,584
Improvement market value
$10,000
Total market value
$110,584
Applied tax rate
138.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1980
Heating
NONE
Buildings
5
Lot
6.35 ac (276,606 SF)
Zoning code
CBI
APN
163 121
UPID
US53-2743130
Jurisdiction
ROWAN
Zoning & alternative use
CBI · Landis, NC
Zoning CBI · permitted uses
CBI · Landis, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Landis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Heating
NONE
Buildings
5
Lot
6.35 ac
Current owner
From public records · entity-resolved
10fss 900 N Chapel St Landis Nc LLC
Entity
Mailing address
500 WESTOVER DR #19876, SANFORD, NC 27330-8941
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2026
$3,300,000
10fss 900 N Chapel St Landis Nc LLC
900 N Chapel St Landis LLC
Warranty Deed
related
$2,275,000 · United Bank
Mar 15, 2024
$2,517,500
900 N Chapel St Landis LLC
Landis Self Storage LLC
Special Warranty Deed
—
Mar 15, 2024
—
900 N Chapel St Landis LLC
Landis Self Storage LLC
Quit Claim Deed
related
—
Feb 1, 2022
—
Landis Self Storage LLC
—
Deed
related
$1,712,000 · Bank Five Nine
Dec 22, 2021
—
Landis Self Storage LLC
Theodore Cornelius Pretorius
Quit Claim Deed
related
—
Mar 30, 2017
$85,000
Theodorus C Pretorius
Royal,curtis D & Sheri E
Warranty Deed
$24,000 · Curtis D & Sheri E Royal
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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