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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Warehouses
175 Obler Rd, New Hill, NC 27562
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3867095
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2022
Construction
STEEL FRAME
Total area
11,360 SF
Lot
30.41 ac (1,324,529 SF)
Zoning code
IND-L
APN
5537
UPID
US53-3867095
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
$1.06M
Blend (final)
Blend
$1.03M
Owner & transaction history
Zacmac Land Management LLC · 7 yrs held
Zacmac Land Management LLC
since 2018
3 recorded transactions
Zoning & alternative use
IND-L · New Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.5M
+141.3%
Commercial (general)
$1.4M
+128.5%
Auto repair, garage
$1.2M
+99.5%
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 New Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hill 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
$615,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,485,000
Change: +141% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,405,000
Change: +128% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,230,000
Change: +100% · Conversion: Easy
RETAIL STORES
$1,140,000
Change: +85% · Conversion: Moderate
MEDICAL BUILDING
$915,000
Change: +49% · Conversion: Difficult
RESTAURANT
$910,000
Change: +48% · Conversion: Difficult
Blend value · Realmo final
$1.03M
Range $923k – $1.13M · ±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
$90 / 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
$18,445
Tax year 2023
Assessed value
$2,242,602
Assessed 2023
Previous assessed
$412,535
+443.6% YoY
Effective rate
0.82%
On assessed value
Assessed land
$288,347
Assessed improvement
$1,954,255
Land market value
$288,347
Improvement market value
$1,954,255
Total market value
$2,242,602
Applied tax rate
105.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2022
Construction
STEEL FRAME
Heating
NONE
Buildings
3
Stories
1
Total area
11,360 SF
Lot
30.41 ac (1,324,529 SF)
Zoning code
IND-L
APN
5537
UPID
US53-3867095
Jurisdiction
CHATHAM
Zoning & alternative use
IND-L · New Hill, NC
Zoning IND-L · permitted uses
IND-L · New Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$615,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.2M
RETAIL STORES
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$915,000
RESTAURANT
Est. value
$910,000
WAREHOUSE, STORAGE Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
RESTAURANT
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
2022
Construction
STEEL FRAME
Heating
NONE
Stories
1
Buildings
3
Lot
30.41 ac
Current owner
From public records · entity-resolved
Zacmac Land Management LLC
Entity
Free & Clear · 7 yrs held
Mailing address
56 WEAVER TRL, NEW HILL, NC 27562-9613
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 20, 2018
—
Zacmac Land Management LLC
Obler Victor JR
Grant Deed
related
—
Aug 20, 2018
$240,000
Land Hunter Storage LLC
Zacmac Land Management LLC
Warranty Deed
related
—
Dec 30, 2010
—
Zacmac Land Management LLC
Ferrell,joseph W JR & Kimberly H
Warranty Deed
related
—
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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