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Property profile & analytics
OFF-MARKET
Estimated value
$1,850,000
Manufacturing properties
205 Cline Park Dr Hildebran, NC 28637-8114
Individually Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-0624088
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1994
Construction
WOOD FRAME
Total area
91,379 SF
Lot
11.89 ac (517,928 SF)
Zoning code
GENERAL MANUFACTURING
APN
49270
UPID
US53-0624088
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
-
Airlite Plastics Nonwoven Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.98M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.23M
Blend (final)
Blend
$1.85M
Owner & transaction history
Marves Industries Real Estate · 5 yrs held
Marves Industries Real Estate
since 2020
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
GENERAL MANUFACTURING · Hildebran, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$2.8M
+53.9%
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 Hildebran submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hildebran 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
$1,510,000
ML approach
$1,975,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,810,000
Current use
WAREHOUSE, STORAGE
$2,785,000
Change: +54% · Conversion: Easy
Blend value · Realmo final
$1.85M
Range $1.67M – $2.04M · ±10% · vs last sale $1.25M (Dec 30 2020)
Last sale anchor
$1.25M
Dec 30 2020
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
$20 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$27,504
Tax year 2024
Assessed value
$3,313,692
Assessed 2024
Previous assessed
$3,313,692
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$178,350
Assessed improvement
$3,135,342
Land market value
$178,350
Improvement market value
$3,135,342
Total market value
$3,313,692
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
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1994
Construction
WOOD FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
91,379 SF
Lot
11.89 ac (517,928 SF)
Zoning code
GENERAL MANUFACTURING
APN
49270
UPID
US53-0624088
Jurisdiction
BURKE
Zoning & alternative use
GENERAL MANUFACTURING · Hildebran, NC
Zoning GENERAL MANUFACTURING · permitted uses
GENERAL MANUFACTURING · Hildebran, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hildebran. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.8M
WAREHOUSE, STORAGE
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
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
WOOD FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
11.89 ac
Current owner
From public records · entity-resolved
Marves Industries Real Estate
Individual
Mailing address
205 CLINE PARK DR, HILDEBRAN, NC 28637-8114
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2020
—
Marves Industries Real Estate
Marves Industries INC
Quit Claim Deed
—
Jul 16, 2019
—
Marves Industries INC
—
Deed
related
$1,400,000 · Branch Bk&tr
Nov 14, 2017
—
Marves Industries INC
—
Deed
related
$925,000 · Branch Bk&tr
Jul 2, 2014
$1,250,000
Marves Industries INC
Pebblecreek 1 LLC
Warranty Deed
$1,242,313 · Pebblecreek #1 LLC
Sep 29, 2009
$1,250,000
Pebblecreek 1 LLC
Bauer Industries INC
Warranty Deed
—
Sep 24, 2009
$1,250,000
Pebblecreek 1 LLC
Bauer Industries INC
Grant Deed
—
—
—
Marves Industries INC
—
Deed Of Trust
related
$1,400,000 · Branch Bk&tr
—
—
Marves Industries INC
—
Deed Of Trust
related
$925,000 · Branch Bk&tr
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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