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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Mobile home & RV parks
Friendship Ln Siler City, NC 27344
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3901557
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
2001
Total area
980 SF
Lot
7.62 ac (331,927 SF)
Zoning code
A-R
APN
61481
UPID
US53-3901557
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$280k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
130/chatham LLC · 6 yrs held
130/chatham LLC
since 2019
2 recorded transactions
Zoning & alternative use
A-R · Siler City, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The A-R district is designed to accommodate agricultural and residential uses normally associated with agricultural uses normally associated with large tracts of uninhabited land near the fringe of urban areas. Single family residential development in areas not served by town or county water and sewer facilities and that are not yet appropriate for developme…
Zone name
Agricultural Residential
General category
RESIDENTIAL
Zone area
33,674.38 ac
Source
Realmo
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 Siler City submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Siler City 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
$280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$286 / 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
$1,792
Tax year 2023
Assessed value
$103,524
Assessed 2023
Previous assessed
$103,524
+0.0% YoY
Effective rate
1.73%
On assessed value
Assessed land
$71,524
Assessed improvement
$32,000
Land market value
$71,524
Improvement market value
$32,000
Total market value
$103,524
Applied tax rate
101.0000
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
2001
Heating
YES
Cooling
YES
Stories
1
Total area
980 SF
Lot
7.62 ac (331,927 SF)
Zoning code
A-R
APN
61481
UPID
US53-3901557
Jurisdiction
CHATHAM
Zoning & alternative use
A-R · Siler City, NCZoning A-R · permitted uses
A-R · Siler City, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The A-R district is designed to accommodate agricultural and residential uses normally associated with agricultural uses normally associated with large tracts of uninhabited land near the fringe of urban areas. Single family residential development in areas not served by town or county water and sewer facilities and that are not yet appropriate for development at higher densities. Some types of manufactured homes are allowed to be used for single family residential purposes in this district.
Zone name
Agricultural Residential
General category
RESIDENTIAL
Zone area
33,674.38 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2001
Heating
YES
Cooling
Yes
Stories
1
Lot
7.62 ac
Current owner
From public records · entity-resolved
130/chatham LLC
Entity
Free & Clear · 6 yrs held
Mailing address
225 CTR DR, SILER CITY, NC 27344-2803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 19, 2019
$74,000
130/chatham LLC
Monty G Justice
Warranty Deed
—
Sep 6, 2013
$200,000
Monty G
Morris,clarence C & Irene B
Warranty Deed
$180,000 · Clarence C & Irene B Morris
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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