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Property profile & analytics
OFF-MARKET
Estimated value
$9,115,000
Industrial properties
1016 Corporate Park Dr, Mebane, NC 27302-8368
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1353521
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2003
Total area
88,500 SF
Lot
8.8 ac (383,328 SF)
APN
163573
UPID
US53-1353521
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
-
GXO Logistics Company Freight Service
-
Kidde Production Facility Building Supply
-
FedEx Drop Box Postal Service Courier Service
-
Safe Home (Bike/Boat/Book/etc) Store Clothing & Fashion Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.80M
Blend (final)
Blend
$9.12M
Owner & transaction history
Ipxii Greensboro Logistics Investor · 4 yrs held
Ipxii Greensboro Logistics Investor
since 2022
Last sale
$8.3M
7 recorded transactions
Zoning & alternative use
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 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
$9,880,000
ML approach
$9,155,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$10,385,000
Current use
OFFICE BUILDING
$10,205,000
Change: -2% · Conversion: Easy
AUTO REPAIR, GARAGE
$9,555,000
Change: -8% · Conversion: Difficult
RETAIL STORES
$8,795,000
Change: -15% · Conversion: Easy
Blend value · Realmo final
$9.12M
Range $8.20M – $10.03M · ±10% · vs last sale $8.30M (Mar 4 2022)
Last sale anchor
$8.30M
Mar 4 2022
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
$103 / 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
$67,298
Tax year 2023
Assessed value
$8,391,326
Assessed 2023
Previous assessed
$8,391,326
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,002,225
Assessed improvement
$7,389,101
Land market value
$1,002,225
Improvement market value
$7,389,101
Total market value
$8,391,326
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2003
Heating
NONE
Cooling
NONE
Stories
1
Total area
88,500 SF
Lot
8.8 ac (383,328 SF)
APN
163573
UPID
US53-1353521
Jurisdiction
ALAMANCE
Zoning & alternative use
Zoning · permitted uses
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
COMMERCIAL (GENERAL) Current
Est. value
$10.4M
OFFICE BUILDING
Est. value
$10.2M
AUTO REPAIR, GARAGE
Est. value
$9.6M
RETAIL STORES
Est. value
$8.8M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
2003
Heating
NONE
Cooling
Yes
Stories
1
Lot
8.8 ac
Current owner
From public records · entity-resolved
Ipxii Greensboro Logistics Investor
Individual
Mailing address
3843 W CHESTER PIKE, NEWTOWN SQUARE, PA 19073-2304
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
$8,300,000
Ipxii Greensboro Logistics Investor
1016 Corporate Park Owner LLC
Special Warranty Deed
$115,200,000 · Equitable Financial Life Insurance
Oct 16, 2018
$5,613,500
1016 Corp Park Owner LLC
Lss Mebane LLC
Grant Deed
$65,352,000 · Miscellaneous Ins Co
Sep 16, 2005
$435,000
Lss Mebane LLC
S Partners LLC
Grant Deed
—
Jul 15, 2005
$450,000
S Partners LLC
Oakland Of Corporate Park LLC
Grant Deed
—
Jul 15, 2005
—
S Partners LLC
Ncic Building I
Grant Deed
related
—
—
—
S Partners LLC
—
Loan Modification
related
$2,600,000 · Wells Fargo Bank
—
—
Ncic Building I
—
Deed Of Trust
related
$2,600,000 · Wachovia Bk/sc
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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