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Property profile & analytics
OFF-MARKET
Estimated value
$10,780,000
Manufacturing properties
10201 Industrial Dr, Pineville, NC 28134-6520
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US53-0063634
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Total area
148,784 SF
Lot
11.38 ac (495,495 SF)
Zoning code
G-I
APN
20509318
UPID
US53-0063634
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
-
Southern Crafted Millwork General Contractor
-
Building Center Inc The Building Supply Industrial Manufacturer
-
Stowaway USA LLC Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.84M
Comparable Approach
Comparable
$6.55M
Blend (final)
Blend
$10.78M
Owner & transaction history
Norris Family Investments LLC · 19 yrs held
Norris Family Investments LLC
since 2007
3 recorded transactions
Zoning & alternative use
G-I · Pineville, 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 Pineville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pineville 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%
$13,905,000
6.5%
$12,835,000
7%
$11,920,000
Blend value · Realmo final
$10.78M
Range $9.70M – $11.86M · ±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
$72 / 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
$46,430
Tax year 2023
Assessed value
$6,124,500
Assessed 2024
Previous assessed
$6,661,800
-8.1% YoY
Effective rate
0.76%
On assessed value
Assessed land
$1,789,400
Assessed improvement
$4,335,100
Land market value
$1,789,400
Improvement market value
$4,335,100
Total market value
$6,124,500
Applied tax rate
21.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1970
Heating
FORCED AIR
Cooling
YES
Stories
2
Rooms
1
Total area
148,784 SF
Lot
11.38 ac (495,495 SF)
Zoning code
G-I
APN
20509318
UPID
US53-0063634
Jurisdiction
MECKLENBURG
Zoning & alternative use
G-I · Pineville, NC
Zoning G-I · permitted uses
G-I · Pineville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pineville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
2
Rooms
1
Lot
11.38 ac
Current owner
From public records · entity-resolved
Norris Family Investments LLC
Entity
Mailing address
PO BOX 357, PINEVILLE, NC 28134-0357
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2017
—
Norris Family Investments LLC
—
Deed
related
$6,750,000 · First Citizens Bank & Trust Co
Nov 2, 2012
—
Norris Family Investments LLC
—
Deed Of Trust
related
$6,123,439 · Wells Fargo Bank
May 17, 2007
$1,550,000
Norris Family Investments LLC
Smurfit Stone Container Enterprises
Special Warranty Deed
$1,550,000 · Wachovia Bank NA
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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