New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,230,000
Manufacturing properties
1424 Old Us Hwy 264, Zebulon, NC 27597-6921
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US53-1756350
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1993
Construction
METAL FRAME
Total area
45,000 SF
Lot
6.99 ac (304,484 SF)
Zoning code
LI
APN
2715.03-34-3861 0195558
UPID
US53-1756350
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.50M
Blend (final)
Blend
$2.23M
Owner & transaction history
Reginald G Brooks III · 18 yrs held
Reginald G Brooks III
since 2007
7 recorded transactions
Zoning & alternative use
LI · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.23M
Range $2.01M – $2.45M · ±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
$50 / 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
$25,736
Tax year 2023
Assessed value
$2,088,968
Assessed 2023
Previous assessed
$2,088,968
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$505,174
Assessed improvement
$1,583,794
Land market value
$505,174
Improvement market value
$1,583,794
Total market value
$2,088,968
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
Off-Market
Year built
1993
Construction
METAL FRAME
Heating
SPACE
Cooling
CENTRAL
Stories
1
Total area
45,000 SF
Lot
6.99 ac (304,484 SF)
Zoning code
LI
APN
2715.03-34-3861 0195558
UPID
US53-1756350
Jurisdiction
WAKE
Zoning & alternative use
LI · Zebulon, NC
Zoning LI · permitted uses
LI · 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.
Building & site characteristics
From public records
Year built
1993
Construction
METAL FRAME
Heating
SPACE
Cooling
Yes
Stories
1
Lot
6.99 ac
Current owner
From public records · entity-resolved
Reginald G Brooks III
Individual
Mailing address
PO BOX 65, ZEBULON, NC 27597-0065
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 28, 2022
—
Reginad G Brooks III
—
Deed
related
$2,800,000 · Benchmark Community Bank
Jan 29, 2019
—
Reginald G Brooks III
—
Grant Deed
related
$2,000,000 · United Cmnty Bk
Nov 15, 2007
$1,600,000
Reginald G Brooks III
Willis,john A & Judith A
Warranty Deed
$1,500,000 · Four Oaks Bank & Trust Co
Nov 16, 2001
—
John A Willis
Willis,john A
Quit Claim Deed
related
—
—
—
Reginald G Brooks III
—
Deed Of Trust
related
$100,000 · Four Oaks Bank & Trust Co
—
—
John A Willis
—
Deed Of Trust
related
$100,000 · Rbc Centura Bank
—
—
Reginald G Brooks III
—
Deed Of Trust
related
$390,000 · Four Oaks Bank & Trust Co
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1424 Old Us Hwy 264?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
