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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Warehouses
900 Main St, Randleman, NC 27317-1400
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1591009
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1959
Total area
18,144 SF
Lot
11.87 ac (517,057 SF)
Zoning code
I1
APN
7765286054
UPID
US53-1591009
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
-
CONCEALED CARRY CAROLINA Training Center Vocational School
-
AlumiWorks Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$956k
Blend (final)
Blend
$815k
Owner & transaction history
Renita M Scotton · 6 yrs held
Renita M Scotton
since 2020
4 recorded transactions
Zoning & alternative use
I1 · Randleman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.3M
+80.6%
Auto repair, garage
$1.3M
+76.4%
Retail stores
$1.3M
+74.3%
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 Randleman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randleman 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$735,000
Current use
OFFICE BUILDING
$1,325,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,295,000
Change: +76% · Conversion: Easy
RETAIL STORES
$1,280,000
Change: +74% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,020,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±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
$45 / 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
$10,934
Tax year 2024
Assessed value
$1,015,060
Assessed 2024
Previous assessed
$1,015,060
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$320,880
Assessed improvement
$694,180
Land market value
$320,880
Improvement market value
$694,180
Total market value
$1,015,060
Applied tax rate
6.0000
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
1959
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
6
Stories
2
Total area
18,144 SF
Lot
11.87 ac (517,057 SF)
Zoning code
I1
APN
7765286054
UPID
US53-1591009
Jurisdiction
RANDOLPH
Zoning & alternative use
I1 · Randleman, NC
Zoning I1 · permitted uses
I1 · Randleman, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Randleman. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$735,000
OFFICE BUILDING
Est. value
$1.3M
AUTO REPAIR, GARAGE
Est. value
$1.3M
RETAIL STORES
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.0M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1959
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
6
Lot
11.87 ac
Current owner
From public records · entity-resolved
Renita M Scotton
Individual
Mailing address
PO BOX 27, RANDLEMAN, NC 27317-0027
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2020
—
Renita M Scotton
Montgomery Ents INC
Warranty Deed
related
—
Jun 26, 2018
—
Restoration On Main INC
Alumiworks LLC
Warranty Deed
—
Aug 10, 2016
$705,000
Alumiworks LLC
Wakol LLC
Warranty Deed
$655,000 · Wakol LLC
—
—
Wakol LLC
—
Deed Of Trust
related
$750,000 · Suntrust Bank NA
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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