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Property profile & analytics
OFF-MARKET
Retail space
946 Horner Blvd Sanford, NC 27330-9442
Entity Owned
6-yr Hold
Free & Clear
Property ID
US53-2849521
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Total area
8,149 SF
Lot
1.58 ac (68,825 SF)
APN
9643-34-3231-00
UPID
US53-2849521
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
-
Sanford Electrical Contractors General Contractor
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
Price Family Farms LLC · 6 yrs held
Price Family Farms LLC
since 2020
7 recorded transactions
Zoning & alternative use
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 Sanford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sanford 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 2022Property tax & assessments
Tax year 2022
Assessed value
$707,300
Assessed 2023
Previous assessed
$707,300
+0.0% YoY
Assessed land
$344,100
Assessed improvement
$363,200
Land market value
$344,100
Improvement market value
$363,200
Total market value
$707,300
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Heating
YES
Cooling
NONE
Stories
1
Total area
8,149 SF
Lot
1.58 ac (68,825 SF)
APN
9643-34-3231-00
UPID
US53-2849521
Jurisdiction
LEE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1967
Heating
YES
Cooling
Yes
Stories
1
Lot
1.58 ac
Current owner
From public records · entity-resolved
Price Family Farms LLC
Entity
Free & Clear · 6 yrs held
Mailing address
302 LUCIAN HILLIARD RD, GOLDSTON, NC 27252-9280
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2020
—
Price Family Farms LLC
—
Deed
related
$150,000 · First Bk
Jul 17, 2020
—
Price Family Farms LLC
Sanford Electrical Contractors
Warranty Deed
—
Jul 3, 2017
—
Sanford Electrical Contractors INC
—
Deed
related
$75,000 · First Bank
Dec 9, 2016
$40,000
Terry Crawley
Bardill,mark D
Grant Deed
—
Dec 31, 2009
$330,000
Rh Positive INC
Lantigua,josefina
Trustees Deed
related
—
Feb 18, 2005
$346,500
Jose Lantigua
Sanchez,victor A
Warranty Deed
—
—
—
R H Positive INC
—
Deed Of Trust
related
$153,587 · Capital Bank NA
—
—
Jose Lantigua
—
Deed Of Trust
related
$50,000 · Global House INC
—
—
R H Positive INC
—
Deed Of Trust
related
$58,940 · Dorothy M Wilson
—
—
Price Family Farms LLC
—
Deed Of Trust
related
$150,000 · First 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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