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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Industrial properties
1350 Cunningham Rd, Kinston, NC 28501-1834
Individually Owned
12-yr Hold
Free & Clear
Property ID
US53-3811531
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1969
Total area
114,453 SF
Lot
20.83 ac (907,355 SF)
Zoning code
I1
APN
453603238711
UPID
US53-3811531
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
-
Horseware Products Ltd (North American Headquarters) Industrial Manufacturer Production Facility
-
Horseware Outlet Clothing Store
-
Horseware Ireland Industrial Manufacturer Production Facility
-
Domestic Fabric Corporation (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Horseware Products Ltd · 12 yrs held
Horseware Products Ltd
since 2013
5 recorded transactions
Zoning & alternative use
I1 · Kinston, 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 Kinston submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kinston 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
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$900k
Range $810k – $990k · ±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
$8 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$10,606
Tax year 2024
Assessed value
$656,728
Assessed 2024
Previous assessed
$656,728
+0.0% YoY
Effective rate
1.61%
On assessed value
Assessed land
$312,450
Assessed improvement
$344,278
Land market value
$312,450
Improvement market value
$344,278
Total market value
$656,728
Applied tax rate
156.0000
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
1969
Heating
CONVECTION
Stories
1
Total area
114,453 SF
Lot
20.83 ac (907,355 SF)
Zoning code
I1
APN
453603238711
UPID
US53-3811531
Jurisdiction
LENOIR
Zoning & alternative use
I1 · Kinston, NC
Zoning I1 · permitted uses
I1 · Kinston, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kinston. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1969
Heating
CONVECTION
Stories
1
Lot
20.83 ac
Current owner
From public records · entity-resolved
Horseware Products Ltd
Individual
Free & Clear · 12 yrs held
Mailing address
1350 CUNNINGHAM RD, KINSTON, NC 28501-1834
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2025
—
1350 Kinston LLC
—
Deed
related
$500,000 · United Bank
Sep 21, 2021
—
Horseware Products Limited
—
Deed
related
$25,165,250 · Governor And Company Of The Bank Of Irel
Oct 17, 2013
$1,400
Horseware Products Ltd
Atlas Nc I Spe LLC
Grant Deed
—
Oct 17, 2013
—
Horseware Products Ltd
Atlas Nc I Spe LLC
Quit Claim Deed
related
$765,000 · Pnc Bank
Dec 20, 2012
$828,626
Atlas Nc I Spe LLC
Livermon James S JR
Trustees Deed
—
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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