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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Commercial real estate
998 Cross St, Youngsville, NC 27596-8985
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2908536
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1979
Total area
2,000 SF
Lot
1.59 ac (69,260 SF)
Zoning code
SFR2
APN
48145
UPID
US53-2908536
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
-
My Guy Auto Service Auto Repair Shop
-
Back Lot Storage Storage Facility
-
TruckWorks Garage - Ford Truck and Diesel Repair Specialists Auto Repair Shop
-
RideSource, LLC Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$560k
CAP Approach
CAP
$425k
Comparable Approach
Comparable
$357k
Blend (final)
Blend
$535k
Owner & transaction history
Ridesource LLC · 4 yrs held
Ridesource LLC
since 2022
Last sale
$525,000
1 recorded transaction
Zoning & alternative use
SFR2 · Youngsville, 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 Youngsville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Youngsville 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
$530,000
ML approach
$560,000
CAP Approach
CAP Return
Estimation
6%
$460,000
6.5%
$425,000
7%
$395,000
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $525k (Jan 31 2022)
Last sale anchor
$525k
Jan 31 2022
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
$268 / 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
$3,476
Tax year 2024
Assessed value
$586,070
Assessed 2024
Previous assessed
$210,610
+178.3% YoY
Effective rate
0.59%
On assessed value
Assessed land
$321,980
Assessed improvement
$264,090
Land market value
$321,980
Improvement market value
$264,090
Total market value
$586,070
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 real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
NONE
Buildings
2
Stories
1
Total area
2,000 SF
Lot
1.59 ac (69,260 SF)
Zoning code
SFR2
APN
48145
UPID
US53-2908536
Jurisdiction
FRANKLIN
Zoning & alternative use
SFR2 · Youngsville, NC
Zoning SFR2 · permitted uses
SFR2 · Youngsville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Youngsville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Lot
1.59 ac
Current owner
From public records · entity-resolved
Ridesource LLC
Entity
Mailing address
998 S CROSS ST, YOUNGSVILLE, NC 27596-8985
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2022
$525,000
Ridesource LLC
Katherine Cooley Jordan
Warranty Deed
$477,000 · Benchmark Community Bank
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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