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Property profile & analytics
OFF-MARKET
Estimated value
$11,925,000
Warehouses
1014 Corporate Park Dr Mebane, NC 27302-8368
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US53-1018155
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
190,800 SF
Lot
10.75 ac (468,183 SF)
Zoning code
M-2
APN
163572
UPID
US53-1018155
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
-
Foxsoccershop Shopping Center & Mall
-
Walmart Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.21M
Blend (final)
Blend
$11.93M
Owner & transaction history
Sports Endeavors INC · 20 yrs held
Sports Endeavors INC
since 2006
5 recorded transactions
Zoning & alternative use
M-2 · Mebane, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$19.0M
+38.9%
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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,655,000
Current use
RETAIL STORES
$18,965,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$11.93M
Range $10.73M – $13.12M · ±10%
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
$63 / 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
$86,245
Tax year 2023
Assessed value
$10,753,719
Assessed 2023
Previous assessed
$10,753,719
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,476,375
Assessed improvement
$9,277,344
Land market value
$1,476,375
Improvement market value
$9,277,344
Total market value
$10,753,719
Applied tax rate
14.0000
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
2005
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
190,800 SF
Lot
10.75 ac (468,183 SF)
Zoning code
M-2
APN
163572
UPID
US53-1018155
Jurisdiction
ALAMANCE
Zoning & alternative use
M-2 · Mebane, NCZoning M-2 · permitted uses
M-2 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.7M
RETAIL STORES
Est. value
$19.0M
WAREHOUSE, STORAGE Current
RETAIL STORES
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
2005
Heating
NONE
Cooling
Yes
Stories
1
Lot
10.75 ac
Current owner
From public records · entity-resolved
Sports Endeavors INC
Entity
Mailing address
431 US HWY 70TH E, HILLSBOROUGH, NC 27278-9262
Ownership since
2006
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
Jul 12, 2024
—
Sports Endeavors LLC
—
Deed
related
$64,000,000 · Whitehorse Capital Management LLC As Col
Mar 24, 2023
—
Sports Endeavors LLC
—
Deed
related
$35,000,000 · The Huntington National Bank
Mar 23, 2023
—
Sports Endeavors LLC
—
Deed
related
$47,500,000 · Goldman Sachs Specialty Lending Group LP
Feb 16, 2006
$2,850,000
Sports Endeavors INC
Ncic LLC
Grant Deed
related
$2,000,000 · Branch Bk&tr
Feb 25, 2005
$148,000
Ncic LLC
Clifford M Ray JR Family
Warranty Deed
—
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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