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Property profile & analytics
OFF-MARKET
Estimated value
$570,000
Industrial properties
901 Springfield Rd High Point, NC 27263-2017
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-2024039
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2005
Total area
10,325 SF
Lot
14.42 ac (628,135 SF)
Zoning code
LI
APN
179789
UPID
US53-2024039
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
-
Terra Nova Solutions Waste Management Facility Hazardous Waste Disposal
-
Zebra Environmental & Industrial Services Environmental Consultant Environmental Program
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$525k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$727k
Blend (final)
Blend
$570k
Owner & transaction history
Leonel Villatoro · 2 yrs held
Leonel Villatoro
since 2024
6 recorded transactions
Zoning & alternative use
LI · High Point, 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 High Point submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs High Point 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
$525,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$495,000
Current use
Blend value · Realmo final
$570k
Range $513k – $627k · ±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
$55 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$22,526
Tax year 2023
Assessed value
$1,671,100
Assessed 2023
Previous assessed
$1,671,100
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$721,000
Assessed improvement
$950,100
Land market value
$721,000
Improvement market value
$950,100
Total market value
$1,671,100
Applied tax rate
2.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
NONE
Buildings
3
Bathrooms
2
Total area
10,325 SF
Lot
14.42 ac (628,135 SF)
Zoning code
LI
APN
179789
UPID
US53-2024039
Jurisdiction
GUILFORD
Zoning & alternative use
LI · High Point, NC
Zoning LI · permitted uses
LI · High Point, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
High Point. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$495,000
INDUSTRIAL (GENERAL) 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
2005
Heating
FORCED AIR
Cooling
Yes
Buildings
3
Bathrooms
2
Lot
14.42 ac
Current owner
From public records · entity-resolved
Leonel Villatoro
Individual
Free & Clear · 2 yrs held
Mailing address
407 GENE ST, HIGH POINT, NC 27263-2307
Ownership since
2024
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 17, 2024
$50,000
Leonel Villatoro
Mark E Moore
Warranty Deed
—
Nov 22, 2022
—
Zebra Realty LLC
—
Deed
related
$37,646,250 · Freeport Financial Partners LLC
Dec 27, 2018
—
Zebra Realty LLC
Tedder,david A & Amy L
Grant Deed
—
Dec 17, 2018
$1,900,000
Zebra Realty LLC
Tedder,david A & Amy L
Grant Deed
—
Jun 20, 2005
—
Tedder,david A & Amy L
—
Trustees Deed
related
$800,000 · Branch Bk&tr
—
—
Amy L Tedder
—
Deed Of Trust
related
$965,000 · First Citizens Bank & Trust Co
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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