Entity Owned Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1992
Construction
FRAME
Total area
5,568 SF
Lot
1.29 ac (56,367 SF)
Zoning code
B-N
APN
57919
UPID
US53-0276632
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$745k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$750k
Owner & transaction history
since 2024
Last sale
$751,000
4 recorded transactions
Zoning & alternative use
B-N · Reepsville Rd, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$750k
Value range
$675k – $825k
±10% around blend
Estimated value / SF
$135 / SF
Confidence
Low
4 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
40
$675k
blend $750k
$825k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
5,568 SF
Lot area
1.29 ac
Year built
1992
Stories
1
APN
57919
Assessed value
$364,669
Annual tax
$2,396
3
Income approach: direct capitalization
Partial preview
Income approach indication
$745k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$805k
@ 6.5% CAP return
$745k
@ 7% CAP return
$690k
4
Sales comparison
Partial preview
Sales approach indication
$137k
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.9 mi away · 6,300 SF
15.6 mi away · 7,040 SF
18.5 mi away · 5,000 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$750k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 66 sales
$145
-7%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $135/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
6.40%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.40%
9.0%
NOI (est.)
$53k *
Last sale · Aug 2024
$751k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$821k
Move the market yield to see immediate price impact.
Value / SF
$148
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.90%6.40%6.90%
$47k
$802k
$739k
$686k
$53k
$891k
$821k
$762k
$58k
$980k
$904k
$838k
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$50k
13.6 mi · Mar 2026 · $9/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$2,396
Tax year 2024
Assessed value
$364,669
Assessed 2024
Previous assessed
$364,669
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$121,312
Assessed improvement
$243,357
Land market value
$121,312
Improvement market value
$243,357
Total market value
$364,669
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Buildings
3
Stories
1
Total area
5,568 SF
Lot
1.29 ac (56,367 SF)
Zoning code
B-N
APN
57919
UPID
US53-0276632
Jurisdiction
LINCOLN
Zoning & alternative use
B-N · Reepsville Rd, NCZoning B-N · permitted uses
B-N · Reepsville Rd, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1992
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Lot
1.29 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
B-N
Jurisdiction
Reepsville Rd, NC
Recorded code
B-N
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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