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Property profile & analytics
OFF-MARKET
Estimated value
$8,640,000
Specialty properties
1108 Firethorne Clb Dr, Marvin, NC 28173-6519
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1350131
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1999
Total area
10,783 SF
Lot
71.71 ac (3,123,557 SF)
Zoning code
R-40 MARVIN
APN
06-240-001F
UPID
US53-1350131
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.64M
Owner & transaction history
Spirit Realty LP · 4 yrs held
Spirit Realty LP
since 2021
Last sale
$8.6M
6 recorded transactions
Zoning & alternative use
R-40 MARVIN · Marvin, 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 Marvin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marvin 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
$7,745,000
ML approach
$8,690,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.64M
Range $7.78M – $9.50M · ±10% · vs last sale $8.62M (Jul 23 2021)
Last sale anchor
$8.62M
Jul 23 2021
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
$801 / 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
$41,322
Tax year 2023
Assessed value
$6,028,000
Assessed 2023
Previous assessed
$6,028,000
+0.0% YoY
Effective rate
0.69%
On assessed value
Assessed land
$2,111,000
Assessed improvement
$3,917,000
Land market value
$2,111,000
Improvement market value
$3,917,000
Total market value
$6,028,000
Applied tax rate
126.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1999
Heating
YES
Buildings
4
Stories
1
Total area
10,783 SF
Lot
71.71 ac (3,123,557 SF)
Zoning code
R-40 MARVIN
APN
06-240-001F
UPID
US53-1350131
Jurisdiction
UNION
Zoning & alternative use
R-40 MARVIN · Marvin, NC
Zoning R-40 MARVIN · permitted uses
R-40 MARVIN · Marvin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marvin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1999
Heating
YES
Stories
1
Buildings
4
Lot
71.71 ac
Current owner
From public records · entity-resolved
Spirit Realty LP
Entity
Free & Clear · 4 yrs held
Mailing address
3030 LYNDON B JOHNSON FWY STE #600, DALLAS, TX 75234-7744
Ownership since
2021
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
Jul 23, 2021
$8,618,000
Spirit Realty LP
Firethorne Land Owner LLC
Special Warranty Deed
—
Jul 22, 2020
$6,375,000
Firethorne Land Owner LLC
Firethorne Cc LLC
Grant Deed
—
Apr 16, 2015
$8,000,000
Clubcorp Nv Xi LLC
Os Firethorne LLC
Grant Deed
—
Dec 27, 2012
$3,600,000
Os Firethorne LLC
Spe Go Holdings INC
Quit Claim Deed
related
—
Jan 3, 2011
$4,300,000
Spe Go Holdings INC
Firethorne Country Club LLC
Grant Deed
—
—
—
Clubcorp Nv Xi LLC
—
Loan Modification
related
—
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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