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Property profile & analytics
OFF-MARKET
Manufacturing properties
203 Railroad St, Micro, NC 27555
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1617146
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
2006
Total area
14,585 SF
Lot
3.39 ac (147,668 SF)
Zoning code
RES
APN
10006007
UPID
US53-1617146
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
-
Micro Summit Processors Food Processing Plant
-
Assured Community Processing LLC Food Market Farmer's Market
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Bbr Holdings LLC · 10 yrs held
Bbr Holdings LLC
since 2016
4 recorded transactions
Zoning & alternative use
RES · Micro, 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 Micro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Micro 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$28,639
Tax year 2024
Assessed value
$2,228,400
Assessed 2024
Previous assessed
$2,228,400
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$182,950
Assessed improvement
$2,045,450
Land market value
$182,950
Improvement market value
$2,045,450
Total market value
$2,228,400
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
EVAPORATIVE
Buildings
3
Stories
1
Bathrooms
4
Total area
14,585 SF
Lot
3.39 ac (147,668 SF)
Zoning code
RES
APN
10006007
UPID
US53-1617146
Jurisdiction
JOHNSTON
Zoning & alternative use
RES · Micro, NC
Zoning RES · permitted uses
RES · Micro, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Micro. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
4
Lot
3.39 ac
Current owner
From public records · entity-resolved
Bbr Holdings LLC
Entity
Mailing address
1001 S OXFORD CIR NW, WILSON, NC 27893-2124
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
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
Apr 1, 2016
$1,369,000
Bbr Holdings LLC
Micro Land Group LLC
Warranty Deed
$1,417,488 · Clarence & Melvin Barnette
Dec 16, 2010
—
Micro Land Group LLC
Villari,joe & Christine M
Warranty Deed
—
Aug 10, 2010
$326,510
Joe Villari
Starling Luther JR
Trustees Deed
related
—
Mar 3, 2006
$116,500
Pine Ridge Foods LLC
Warren,charles F II
Warranty Deed
—
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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