Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,300,000
Warehouses
1011 Keisler SE Rd Conover, NC 28613-9342
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0997758
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2001
Construction
CONCRETE BLOCKS
Total area
156,161 SF
Lot
17.22 ac (750,103 SF)
Zoning code
M-1
APN
3741-14-43-5416
UPID
US53-0997758
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
-
BSN Medical, Inc. Production Facility Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.97M
Blend (final)
Blend
$10.30M
Owner & transaction history
Dp 156 LLC · 2 yrs held
Dp 156 LLC
since 2024
Last sale
$10.3M
5 recorded transactions
Zoning & alternative use
M-1 · Conover, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is reserved to provide areas for manufacturing as a primary use and other ancillary, smaller scale commercial uses. These ancillary uses should not interfere with the growth or operation of the manufacturing community. It is not intended to permit in this district any use which is inherently obnoxious to urban areas because of noise, odors, smo…
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
2,672.04 ac
Source
Realmo
Top alternative use upside
Auto repair, garage
$15.9M
+172.2%
Retail stores
$15.1M
+158.0%
Office building
$14.2M
+143.4%
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 Conover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conover 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
$10,300,000
ML approach
$10,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$15,915,000
Change: +172% · Conversion: Easy
RETAIL STORES
$15,085,000
Change: +158% · Conversion: Moderate
OFFICE BUILDING
$14,230,000
Change: +143% · Conversion: Difficult
COMMERCIAL (GENERAL)
$9,825,000
Change: +68% · Conversion: Difficult
Blend value · Realmo final
$10.30M
Range $9.27M – $11.33M · ±10% · vs last sale $10.30M (May 7 2024)
Last sale anchor
$10.30M
May 7 2024
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
$66 / 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
$61,370
Tax year 2023
Assessed value
$7,734,100
Assessed 2023
Previous assessed
$7,734,100
+0.0% YoY
Effective rate
0.79%
On assessed value
Assessed land
$358,800
Assessed improvement
$7,375,300
Land market value
$358,800
Improvement market value
$7,375,300
Total market value
$7,734,100
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
2001
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
CENTRAL
Units
1
Total area
156,161 SF
Lot
17.22 ac (750,103 SF)
Zoning code
M-1
APN
3741-14-43-5416
UPID
US53-0997758
Jurisdiction
CATAWBA
Zoning & alternative use
M-1 · Conover, NCZoning M-1 · permitted uses
M-1 · Conover, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is reserved to provide areas for manufacturing as a primary use and other ancillary, smaller scale commercial uses. These ancillary uses should not interfere with the growth or operation of the manufacturing community. It is not intended to permit in this district any use which is inherently obnoxious to urban areas because of noise, odors, smoke, light, dust, or the use of dangerous materials.
Zone name
General Manufacturing
General category
INDUSTRIAL
Zone area
2,672.04 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$15.9M
RETAIL STORES
Est. value
$15.1M
OFFICE BUILDING
Est. value
$14.2M
COMMERCIAL (GENERAL)
Est. value
$9.8M
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2001
Construction
CONCRETE BLOCKS
Heating
HOT WATER
Cooling
Yes
Units
1
Lot
17.22 ac
Current owner
From public records · entity-resolved
Dp 156 LLC
Entity
Mailing address
333 N BEDFORD RD, MOUNT KISCO, NY 10549-1158
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2024
$10,300,000
Dp 156 LLC
Ffv Nc Conover LLC
Special Warranty Deed
—
Jul 2, 2019
$9,100,000
Ffv Nc Conover LLC
Centurion Conover LLC
Grant Deed
$5,900,000 · Miscellaneous Ins Co
—
—
Capri IV LLC
—
Deed Of Trust
related
$360,000 · Branch Banking & Trust Co
—
—
Capri IV LLC
—
Deed Of Trust
related
$1,850,000 · Sun Life Assurance Co Canada
—
—
Capri IV LLC
—
Deed Of Trust
related
$1,986,000 · Branch Banking & Trust Co
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1011 Keisler SE Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
