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Property profile & analytics
FOR SALE
Manufacturing properties
1415 W Gannon Ave, Zebulon, NC 27597
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1542694
For Sale
1 / 8
$1,080,000
1415 W Gannon Ave, Zebulon, NC 27597
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1970
Construction
BRICK
Total area
13,321 SF
Lot
8.13 ac (354,143 SF)
Zoning code
HI
APN
1795.03-34-8413 0017197
UPID
US53-1542694
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
-
Mekkelek Custom Woodwork & Cabinetry General Contractor Renovation Specialist
-
Adam Davis Furniture General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$1.31M
Comparable Approach
Comparable
$824k
Blend (final)
Blend
$1.08M
Owner & transaction history
1415 Gannon Industrial LLC · 6 yrs held
1415 Gannon Industrial LLC
since 2020
Last sale
$893,200
2 recorded transactions
Zoning & alternative use
HI · Zebulon, 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 Zebulon submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Zebulon 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
$1,270,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,420,000
6.5%
$1,310,000
7%
$1,220,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,535,000
Current use
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $893k (Feb 20 2020)
Last sale anchor
$893k
Feb 20 2020
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
$81 / 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
$13,461
Tax year 2024
Assessed value
$2,167,658
Assessed 2024
Previous assessed
$2,167,658
+0.0% YoY
Effective rate
0.62%
On assessed value
Assessed land
$560,806
Assessed improvement
$1,606,852
Land market value
$560,806
Improvement market value
$1,606,852
Total market value
$2,167,658
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
For Sale
Year built
1970
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
13,321 SF
Lot
8.13 ac (354,143 SF)
Zoning code
HI
APN
1795.03-34-8413 0017197
UPID
US53-1542694
Jurisdiction
WAKE
Zoning & alternative use
HI · Zebulon, NC
Zoning HI · permitted uses
HI · Zebulon, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zebulon. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.5M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
3
Lot
8.13 ac
Current owner
From public records · entity-resolved
1415 Gannon Industrial LLC
Entity
Free & Clear · 6 yrs held
Mailing address
710 INDEPENDENCE PL UNIT #306, RALEIGH, NC 27603-1858
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 20, 2020
$900,000
1415 Gannon Industrial LLC
Consolidated Graphics INC
Special Warranty Deed
—
Feb 20, 2020
—
1415 Gannon Industrial LLC
Consolidated Graphics INC
Deed
$720,000 · Atlantic Union Bank
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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