Entity Owned Property summary
AI-generated overview
The property at 1941 Haw River Hopedale Rd in Burlington, North Carolina is configured for light assembly, storage, and and/or distribution. It has a roof replacement completed in 2021. The site is located approximately four miles from the I-40/85 corridor, about halfway between Greensboro and Durham, with each city roughly 30 miles away.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Total area
45,400 SF
Lot
4.32 ac (188,179 SF)
Zoning code
I 2,B 2
APN
149618
UPID
US53-1133973
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.16M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.28M
Blend (final)
Blend
$1.97M
Owner & transaction history
since 2022
Last sale
$1.7M
4 recorded transactions
Zoning & alternative use
I 2,B 2 · Burlington, NC
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
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.97M
Value range
$1.77M – $2.16M
±10% around blend
Estimated value / SF
$43 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$1.77M
blend $1.97M
$2.16M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
45,400 SF
Lot area
4.32 ac
Year built
1973
Stories
1
APN
149618
Zoning
I 2,B 2
Assessed value
$1,661,501
Annual tax
$14,488
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.28M
Range $451k – $1.28M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.97M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 21 sales
$65
-33%
County 39 sales
$57
-24%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $43/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
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: replacement-cost inputs are not on file.
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
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
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Overview
Implied cap rate
9.10%
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 · 9.10%
9.0%
NOI (est.)
$116k *
Last sale · Dec 2022
$1.65M
* 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$1.27M
Move the market yield to see immediate price impact.
Value / SF
$28
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
8.60%9.10%9.60%
$104k
$1.21M
$1.14M
$1.08M
$116k
$1.34M
$1.27M
$1.20M
$127k
$1.48M
$1.40M
$1.32M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$14,488
Tax year 2023
Assessed value
$1,661,501
Assessed 2023
Previous assessed
$1,661,501
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$59,280
Assessed improvement
$1,602,221
Land market value
$59,280
Improvement market value
$1,602,221
Total market value
$1,661,501
Applied tax rate
16.0000
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
1973
Heating
HEAT PUMP
Cooling
NONE
Stories
1
Total area
45,400 SF
Lot
4.32 ac (188,179 SF)
Zoning code
I 2,B 2
APN
149618
UPID
US53-1133973
Jurisdiction
ALAMANCE
Zoning & alternative use
I 2,B 2 · Burlington, NCZoning I 2,B 2 · permitted uses
I 2,B 2 · Burlington, 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
1973
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
4.32 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I 2,B 2
Jurisdiction
Burlington, NC
Recorded code
I 2,B 2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I 2,B 2 in Burlington, NC.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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