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Property profile & analytics
FOR LEASE
Warehouses
1020 Corporate Park Dr Mebane, NC 27302
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-1883074
For Lease
$2,290,000
1020 Corporate Park Dr, Mebane, NC 27302
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Total area
50,400 SF
Lot
6.46 ac (281,180 SF)
Zoning code
M2
APN
163575
UPID
US53-1883074
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
-
PPG Coatings Services - MetoKote Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.90M
Blend (final)
Blend
$2.29M
Owner & transaction history
Avenue 26 Holdings LLC · 5 yrs held
Avenue 26 Holdings LLC
since 2020
Last sale
$2.2M
6 recorded transactions
Zoning & alternative use
M2 · Mebane, 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 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
$1,930,000
ML approach
$2,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,610,000
Current use
Blend value · Realmo final
$2.29M
Range $2.06M – $2.52M · ±10% · vs last sale $2.16M (Aug 11 2020)
Last sale anchor
$2.16M
Aug 11 2020
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
$45 / 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
$24,603
Tax year 2023
Assessed value
$3,067,688
Assessed 2023
Previous assessed
$3,067,688
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$837,225
Assessed improvement
$2,230,463
Land market value
$837,225
Improvement market value
$2,230,463
Total market value
$3,067,688
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
For Lease
Year built
2006
Heating
NONE
Cooling
NONE
Stories
1
Total area
50,400 SF
Lot
6.46 ac (281,180 SF)
Zoning code
M2
APN
163575
UPID
US53-1883074
Jurisdiction
ALAMANCE
Zoning & alternative use
M2 · Mebane, NC
Zoning M2 · permitted uses
M2 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mebane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.6M
WAREHOUSE, STORAGE Current
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
2006
Heating
NONE
Cooling
Yes
Stories
1
Lot
6.46 ac
Current owner
From public records · entity-resolved
Avenue 26 Holdings LLC
Entity
Free & Clear · 5 yrs held
Mailing address
1911 SAN VICENTE BLVD STE #310, LOS ANGELES, CA 90049
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2020
—
Avenue 26 Holdings LLC
Avenue 26 Holdings Bb LLC
Quit Claim Deed
—
Aug 19, 2014
$1,342,000
Avenue 26 Holdings Bb LLC
Libaw S D & J B Trust
Grant Deed
related
—
Feb 26, 2014
$2,157,000
Libaw,s D & J B Family Trust
Johnson Nc LLC
Grant Deed
—
Aug 23, 2006
$129,500
Ncic LLC
Clifford M Ray JR Family
Warranty Deed
—
Aug 23, 2006
$258,500
Johnson Nc LLC
Ncic LLC
Warranty Deed
—
—
—
Johnson Nc LLC
—
Deed Of Trust
related
$2,210,000 · Ge Com'l Fin Busn Prop Corp
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?”
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