Financial
Distress signals
Property profile

5450 Millstream Rd Mc Leansville, NC 27301

OFF-MARKET
Other industrial properties
Property ID
US53-1816405
173,361 SF 20.81 ac lot Built 2004
Last sale Mar 2022 · $17,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a land parcel located at 5450 Millstream Road, providing access to the Greensboro, Burlington, and broader Triad area. It is situated approximately 15 minutes from downtown Greensboro and about 25 minutes from Piedmont Triad International Airport, with commuting connectivity to Winston-Salem and the Triangle area. A conceptual site study indicates the land may support development of a 97-unit apartment building that would include a leasing office and on-site amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$324k
Tax billed · 2023
Assessed value$28.51M
Assessed land$2.06M
Assessed improvement$26.45M
Effective rate1.14%

Value estimate

· Sep 2026
$16.50M
$14.85M – $18.15M
CAP approach$12.20M
Submarket $/SF estimate$15.94M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$91/SF
County average, outlier-cleaned · 496 recorded sales of this use type
Observed band · Q1–Q3$45 – $152

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BP
JurisdictionGUILFORD

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service9.0
Carpet & Flooring Store8.3
Catering Service8.2

Location

5450 Millstream Rd Mc Leansville, NC 27301-9697
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

2 recorded sales · 6 properties nearby
Recent sales nearby
2 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
558 Old Birch Crk, Mc Leansville, NC 27301 $687,000 Sep 2024 No data
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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