New search
Property profile & analytics
OFF-MARKET
Estimated value
$505,000
Office buildings
925 Upward Rd, Flat Rock, NC 28731-8799
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-1954339
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2003
Total area
2,404 SF
Lot
6.28 ac (273,557 SF)
Zoning code
9968207~R1
APN
9588705815
UPID
US53-1954339
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
-
Revis Farms Food Processing Plant
-
Niki's Transport Inc Trucking Company
-
FLAT ROCK FRESH Food Processing Plant
-
Farmer's Alliance Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$320k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$672k
Blend (final)
Blend
$505k
Owner & transaction history
4 Js Produce & Apples LLC · 10 yrs held
4 Js Produce & Apples LLC
since 2016
4 recorded transactions
Zoning & alternative use
9968207~R1 · Flat Rock, 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 Flat Rock submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Flat Rock 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
$320,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$460,000
Current use
RETAIL STORES
$405,000
Change: -12% · Conversion: Moderate
Blend value · Realmo final
$505k
Range $455k – $556k · ±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
$210 / 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
$1,985,000
Assessed 2024
Previous assessed
$1,985,000
+0.0% YoY
Assessed land
$820,700
Assessed improvement
$1,164,300
Land market value
$820,700
Improvement market value
$1,164,300
Total market value
$1,985,000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2003
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
2,404 SF
Lot
6.28 ac (273,557 SF)
Zoning code
9968207~R1
APN
9588705815
UPID
US53-1954339
Jurisdiction
HENDERSON
Zoning & alternative use
9968207~R1 · Flat Rock, NC
Zoning 9968207~R1 · permitted uses
9968207~R1 · Flat Rock, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Flat Rock. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$460,000
RETAIL STORES
Est. value
$405,000
OFFICE BUILDING Current
RETAIL STORES
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
2003
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
6.28 ac
Current owner
From public records · entity-resolved
4 Js Produce & Apples LLC
Entity
Mailing address
925 UPWARD RD, FLAT ROCK, NC 28731-8799
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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 12, 2022
—
4 Js Produce And Apples LLC
—
Deed
related
$750,000 · First Citizens Bank & Trust Co
Oct 25, 2016
—
4 Js Produce & Apples LLC
—
Deed
related
$1,387,500 · First Citizens Bank
Jan 26, 2016
$1,850,000
4 Js Produce & Apples LLC
Blue Lake Co
Warranty Deed
$1,225,000 · Blue Lake Co
—
—
Blue Lake Co
—
Deed Of Trust
related
$800,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 925 Upward Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
