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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Warehouses
Mount Vernon Church Rd, NC
Individually Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1777674
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2008
Total area
8,000 SF
Lot
1.1 ac (47,829 SF)
Zoning code
I-G
APN
51302
UPID
US53-1777674
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$680k
Owner & transaction history
Charles K Berry · 11 yrs held
Charles K Berry
since 2014
7 recorded transactions
Zoning & alternative use
I-G · Vernon Church Rd, 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 Vernon Church Rd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Vernon Church Rd 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
$85 / 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
$2,131
Tax year 2024
Assessed value
$322,280
Assessed 2024
Previous assessed
$322,280
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$28,719
Assessed improvement
$293,561
Land market value
$28,719
Improvement market value
$293,561
Total market value
$322,280
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2008
Heating
YES
Cooling
YES
Stories
1
Total area
8,000 SF
Lot
1.1 ac (47,829 SF)
Zoning code
I-G
APN
51302
UPID
US53-1777674
Jurisdiction
LINCOLN
Zoning & alternative use
I-G · Vernon Church Rd, NC
Zoning I-G · permitted uses
I-G · Vernon Church Rd, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Vernon Church Rd. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
YES
Cooling
Yes
Stories
1
Lot
1.1 ac
Current owner
From public records · entity-resolved
Charles K Berry
Individual
Free & Clear · 11 yrs held
Mailing address
3639 ROXBURGH LN, GASTONIA, NC 28056-7582
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2014
$199,000
Charles K Berry
Gilleland Acquisitions LLC
Warranty Deed
—
Aug 2, 2013
$115,000
Gilleland Acquisitions LLC
Peoples Bk
Warranty Deed
—
Jan 9, 2013
$185,000
Bk Peoples
Substitute Trustee Svcs INC
Trustees Deed
related
—
May 15, 2007
$140,000
Mark R Adkins
Rainwater,max R JR & Janice F
Warranty Deed
—
Mar 15, 2005
—
Max Rainwater JR.
Rainwater,margaret H
Quit Claim Deed
related
—
—
—
Gilleland Acquisitions LLC
—
Deed Of Trust
related
$100,800 · Carolina Tr Bk
—
—
Mark R Adkins
—
Deed Of Trust
related
$991,550 · Peoples Bank & Trust
—
—
Mark R Adkins
—
Deed Of Trust
related
$991,550 · Peoples Bank & Trust
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
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