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Property profile & analytics
OFF-MARKET
Estimated value
$4,140,000
Warehouses
175 Main St, Canton, NC 28716-4401
Individually Owned
Absentee Owner
Free & Clear
Property ID
US53-1183527
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1908
Total area
24,136 SF
Lot
185.25 ac (8,069,316 SF)
Zoning code
CNI-2
APN
8657-72-2242
UPID
US53-1183527
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
-
Evergreen Packaging West gate Mill
-
Evergreen Packaging Mill
-
Brock Services Ltd Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.56M
Blend (final)
Blend
$4.14M
Owner & transaction history
Town Of Canton
Town Of Canton
since 2026
4 recorded transactions
Zoning & alternative use
CNI-2 · Canton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+101.0%
Commercial (general)
$4.4M
+45.9%
Retail stores
$3.7M
+24.0%
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 Canton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canton 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
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,015,000
Current use
RESTAURANT
$6,060,000
Change: +101% · Conversion: Difficult
COMMERCIAL (GENERAL)
$4,395,000
Change: +46% · Conversion: Difficult
RETAIL STORES
$3,740,000
Change: +24% · Conversion: Moderate
Blend value · Realmo final
$4.14M
Range $3.73M – $4.55M · ±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
$172 / 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 2022Property tax & assessments
Tax year 2022
Assessed value
$19,791,400
Assessed 2023
Previous assessed
$19,791,400
+0.0% YoY
Assessed land
$4,784,100
Assessed improvement
$15,007,300
Land market value
$4,784,100
Improvement market value
$15,007,300
Total market value
$19,791,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1908
Heating
NONE
Cooling
PARTIAL
Buildings
92
Stories
2
Total area
24,136 SF
Lot
185.25 ac (8,069,316 SF)
Zoning code
CNI-2
APN
8657-72-2242
UPID
US53-1183527
Jurisdiction
HAYWOOD
Zoning & alternative use
CNI-2 · Canton, NC
Zoning CNI-2 · permitted uses
CNI-2 · Canton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.0M
RESTAURANT
Est. value
$6.1M
COMMERCIAL (GENERAL)
Est. value
$4.4M
RETAIL STORES
Est. value
$3.7M
WAREHOUSE, STORAGE Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
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
1908
Heating
NONE
Cooling
Yes
Stories
2
Buildings
92
Lot
185.25 ac
Current owner
From public records · entity-resolved
Town Of Canton
Individual
Free & Clear · 0 yrs held
Mailing address
5350 POPLAR AVE STE #600, MEMPHIS, TN 38119-3697
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 25, 2026
—
Town Of Canton
Two Banks Development LLC
Deed
—
Mar 25, 2026
$12,500,000
Town Of Canton
Two Banks Development LLC
Special Warranty Deed
—
Dec 14, 2016
—
Blue Ridge Paper Products INC
—
Deed
related
$750,000,000 · Bank Of Ny Mellon
—
—
Blue Ridge Paper Products INC
—
Loan Modification
related
$750,000,000 · Bank Of Ny Mellon
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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