Entity Owned Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2016
Construction
STEEL FRAME
Total area
114,972 SF
Lot
40.59 ac (1,768,275 SF)
Zoning code
GI
APN
5544 62 1379
UPID
US53-4693997
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Corporate Office
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.26M
CAP Approach
CAP
$11.66M
Comparable Approach
Comparable
$12.61M
Blend (final)
Blend
$9.87M
Owner & transaction history
since 2022
Last sale
$12.3M
2 recorded transactions
Zoning & alternative use
GI · Midland, NC
Top alternative use upside
Office building
$19.9M
+208.7%
Commercial (general)
$12.2M
+88.1%
Retail stores
$10.2M
+57.2%
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
Value estimation
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
6 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$9.87M
Value range
$8.88M – $10.86M
±10% around blend
Estimated value / SF
$86 / SF
Confidence
Property data
100
Comparable evidence
60
$8.88M
blend $9.87M
$10.86M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
114,972 SF
Lot area
40.59 ac
Year built
2016
Stories
1
APN
5544 62 1379
Zoning
GI
Assessed value
$21,747,090
Annual tax
$147,010
3
Income approach: direct capitalization
Partial preview
Income approach indication
$11.66M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$12.63M
@ 6.5% CAP return
$11.66M
@ 7% CAP return
$10.82M
4
Sales comparison
Partial preview
Sales approach indication
$12.61M
Range $1.83M – $12.61M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$9.87M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+209%
vs current-use indication
Commercial (general)
Retail Stores
Apartment House (5+ Units)
Restaurant
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
7.70%
Implied, in-place cap rate for this manufacturing properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 7.70%
9.0%
NOI (est.)
$864k *
Last sale · Oct 2022
$12.34M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$11.22M
Move the market yield to see immediate price impact.
Value / SF
$98
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
7.20%7.70%8.20%
$777k
$10.80M
$10.10M
$9.48M
$864k
$12.00M
$11.22M
$10.53M
$950k
$13.20M
$12.34M
$11.59M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$147,010
Tax year 2024
Assessed value
$21,747,090
Assessed 2024
Previous assessed
$21,635,730
+0.5% YoY
Effective rate
0.68%
On assessed value
Assessed land
$1,801,130
Assessed improvement
$19,945,960
Land market value
$1,801,130
Improvement market value
$19,945,960
Total market value
$21,747,090
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2016
Construction
STEEL FRAME
Heating
RADIANT
Cooling
NONE
Stories
1
Total area
114,972 SF
Lot
40.59 ac (1,768,275 SF)
Zoning code
GI
APN
5544 62 1379
UPID
US53-4693997
Jurisdiction
CABARRUS
Zoning & alternative use
GI · Midland, NCZoning GI · permitted uses
GI · Midland, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2016
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Lot
40.59 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
GI
Jurisdiction
Midland, NC
Recorded code
GI
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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