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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Manufacturing properties
19600 Andrew Jackson Hwy Laurinburg, NC 28352-4067
Entity Owned
Free & Clear
Property ID
US53-3003462
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1994
Construction
CONCRETE
Total area
11,824 SF
Lot
59.6 ac (2,596,176 SF)
Zoning code
I
APN
010257 01009
UPID
US53-3003462
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
-
Murphy-Brown Smithfield Caroll's Feed Mill Food Processing Plant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$570k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$517k
Blend (final)
Blend
$540k
Owner & transaction history
CARROLLS REALTY PARTNERSHIP
CARROLLS REALTY PARTNERSHIP
Zoning & alternative use
I · Laurinburg, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
6.3.9. I Industrial District. The I district is established as a district in which to allow primarily light manufacturing, assembly, research, warehousing, and intensive commercial use s. The regulations of this district are intended to (1) encourage light manufacturing and intensive commercial uses as well as accessory land uses incidental to and in support…
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
1,223.92 ac
Top alternative use upside
Restaurant
$810,000
+115.6%
Warehouse, storage
$500,000
+32.8%
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 Laurinburg submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laurinburg 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
$570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$375,000
Current use
RESTAURANT
$810,000
Change: +116% · Conversion: Difficult
WAREHOUSE, STORAGE
$500,000
Change: +33% · Conversion: Easy
Blend value · Realmo final
$540k
Range $486k – $594k · ±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
$46 / 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
Property tax & assessments
Assessed value
$3,034,610
Assessed 2024
Previous assessed
$3,034,610
+0.0% YoY
Assessed land
$332,260
Assessed improvement
$2,702,350
Total market value
$3,034,610
Applied tax rate
1.0000
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
HEAVY MANUFACTURING
Status
Off-Market
Year built
1994
Construction
CONCRETE
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
0
Total area
11,824 SF
Lot
59.6 ac (2,596,176 SF)
Zoning code
I
APN
010257 01009
UPID
US53-3003462
Jurisdiction
SCOTLAND
Zoning & alternative use
I · Laurinburg, NCZoning I · permitted uses
I · Laurinburg, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
6.3.9. I Industrial District. The I district is established as a district in which to allow primarily light manufacturing, assembly, research, warehousing, and intensive commercial use s. The regulations of this district are intended to (1) encourage light manufacturing and intensive commercial uses as well as accessory land uses incidental to and in support of manufactu ring uses; (2) exclude heavy industry, hazardous waste management facilities, major retail , and residences as acceptable land uses; and (3) preserve locations that are best suited for industrial development. Land uses in the I district are limited to those determined to be compatible with the character of the community.
Zone name
Industrial District
General category
INDUSTRIAL
Zone area
1,223.92 ac
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$375,000
RESTAURANT
Est. value
$810,000
WAREHOUSE, STORAGE
Est. value
$500,000
INDUSTRIAL (GENERAL) Current
RESTAURANT
WAREHOUSE, STORAGE
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
1994
Construction
CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
0
Lot
59.6 ac
Current owner
From public records · entity-resolved
CARROLLS REALTY PARTNERSHIP
Individual
Free & Clear · 0 yrs held
Mailing address
PO BOX 856, WARSAW, NC 28398-0856
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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