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Property profile & analytics
OFF-MARKET
Industrial properties
115 Vis Blvd, Arden, NC 28704-9457
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1724118
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1996
Construction
STEEL FRAME
Total area
114,287 SF
Lot
13.01 ac (566,716 SF)
Zoning code
DEED DATE:03/29/2023 DEED
APN
9634-44-2917-00000
UPID
US53-1724118
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
-
System Logistics - Vertique Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
System Logistics Corporation · 4 yrs held
System Logistics Corporation
since 2021
3 recorded transactions
Zoning & alternative use
DEED DATE:03/29/2023 DEED · Arden, 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 Arden submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Arden 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$39,883
Tax year 2024
Assessed value
$6,478,800
Assessed 2024
Previous assessed
$4,732,700
+36.9% YoY
Effective rate
0.62%
On assessed value
Land market value
$2,493,400
Improvement market value
$3,985,400
Total market value
$6,478,800
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
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1996
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
114,287 SF
Lot
13.01 ac (566,716 SF)
Zoning code
DEED DATE:03/29/2023 DEED
APN
9634-44-2917-00000
UPID
US53-1724118
Jurisdiction
BUNCOMBE
Zoning & alternative use
DEED DATE:03/29/2023 DEED · Arden, NC
Zoning DEED DATE:03/29/2023 DEED · permitted uses
DEED DATE:03/29/2023 DEED · Arden, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Arden. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1996
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
13.01 ac
Current owner
From public records · entity-resolved
System Logistics Corporation
Entity
Free & Clear · 4 yrs held
Mailing address
115 VIS BLVD, ARDEN, NC 28704-9457
Mailing matches property
Yes
Owner-occupied
Yes
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 29, 2021
$6,450,000
System Logistics Corporation
Illinois Tool Works INC
Special Warranty Deed
—
Apr 29, 2013
$2,600,000
Vertique INC
Mfj Ents LLC
Warranty Deed
—
—
—
Mfj Ents LLC
—
Deed Of Trust
related
$1,500,000 · 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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