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Property profile & analytics
OFF-MARKET
Warehouses
1006 Un St, Morganton, NC 28655-2843
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US53-1444911
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2012
Construction
STEEL FRAME
Total area
4,800 SF
Lot
1.11 ac (48,352 SF)
Zoning code
HIGH INTENSITY DIST
APN
53122
UPID
US53-1444911
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
-
Mobile Services Inc. Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
J & S Hipple Properties LLC · 14 yrs held
J & S Hipple Properties LLC
since 2011
4 recorded transactions
Zoning & alternative use
HIGH INTENSITY DIST · Morganton, 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 Morganton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Morganton 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
—
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
$2,104
Tax year 2024
Assessed value
$375,658
Assessed 2024
Previous assessed
$375,658
+0.0% YoY
Effective rate
0.56%
On assessed value
Assessed land
$96,276
Assessed improvement
$279,382
Land market value
$96,276
Improvement market value
$279,382
Total market value
$375,658
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2012
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
4,800 SF
Lot
1.11 ac (48,352 SF)
Zoning code
HIGH INTENSITY DIST
APN
53122
UPID
US53-1444911
Jurisdiction
BURKE
Zoning & alternative use
HIGH INTENSITY DIST · Morganton, NC
Zoning HIGH INTENSITY DIST · permitted uses
HIGH INTENSITY DIST · Morganton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Morganton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2012
Construction
STEEL FRAME
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
1
Lot
1.11 ac
Current owner
From public records · entity-resolved
J & S Hipple Properties LLC
Entity
Mailing address
1006 E UN ST, MORGANTON, NC 28655-2843
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2016
—
J & S Hipple Properties LLC
—
Deed
related
$133,200 · First Citizens Bk
Oct 18, 2011
$40,000
J & S Hipple Properties LLC
Issac E Fisher Properties LLC
Warranty Deed
$155,000 · Branch Banking And Trust Co
Oct 17, 2011
$40,000
J & S Hipple Properties LLC
Issac E Fisher Properties LLC
Grant Deed
—
Jun 7, 2006
$37,700
Issac E Fisher Props LLC
Owner Name Unavailable
Grant Deed
related
—
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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