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Property profile & analytics
OFF-MARKET
Estimated value
$6,480,000
Manufacturing properties
207 Frst Hls School Rd, Marshville, NC 28103-7031
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1221900
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Total area
94,066 SF
Lot
13.72 ac (597,817 SF)
Zoning code
LI UNION COUNTY
APN
02-211-015A
UPID
US53-1221900
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
$6.44M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.71M
Blend (final)
Blend
$6.48M
Owner & transaction history
Nm Cade LLC · 3 yrs held
Nm Cade LLC
since 2022
Last sale
$7.3M
7 recorded transactions
Zoning & alternative use
LI UNION COUNTY · Marshville, 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 Marshville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshville 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
$5,655,000
ML approach
$6,440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,010,000
Current use
Blend value · Realmo final
$6.48M
Range $5.83M – $7.13M · ±10% · vs last sale $7.30M (Aug 19 2022)
Last sale anchor
$7.30M
Aug 19 2022
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
$69 / 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
$7,146
Tax year 2023
Assessed value
$1,091,000
Assessed 2023
Previous assessed
$1,091,000
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$260,800
Assessed improvement
$830,200
Land market value
$260,800
Improvement market value
$830,200
Total market value
$1,091,000
Applied tax rate
922.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1972
Heating
YES
Stories
1
Total area
94,066 SF
Lot
13.72 ac (597,817 SF)
Zoning code
LI UNION COUNTY
APN
02-211-015A
UPID
US53-1221900
Jurisdiction
UNION
Zoning & alternative use
LI UNION COUNTY · Marshville, NC
Zoning LI UNION COUNTY · permitted uses
LI UNION COUNTY · Marshville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.0M
INDUSTRIAL (GENERAL) Current
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
1972
Heating
YES
Stories
1
Lot
13.72 ac
Current owner
From public records · entity-resolved
Nm Cade LLC
Entity
Mailing address
701 MCDOWELL RD, ASHEBORO, NC 27205-7370
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 5, 2022
—
Nm Cade LLC
—
Deed
related
$25,778,500 · Bank Of Montreal
Aug 19, 2022
$7,295,500
Nm Cade LLC
Poc Rp Holdings LLC
Special Warranty Deed
—
Dec 9, 2021
$991,000
Poc Rp Holdings LLC
Hendley & Brewer Investments LLC
Special Warranty Deed
—
Mar 4, 2019
—
Hendley Brewer Properties
—
Deed
related
$2,690,000 · Fifth Third Bk
Dec 31, 2018
—
Stallings Towncenter LLC
—
Deed
related
$865,000 · Fifth Third Bk
Nov 1, 2007
—
Franklin W Howey JR.
Town & Country Developers LLC
Warranty Deed
—
Nov 1, 2007
$625,000
Hendley & Brewer Invs LLC
Town & Country Developers LLC
Warranty Deed
—
Oct 12, 2006
—
Town & Country Developers LLC
Rock-tenn Converting
Quit Claim Deed
related
$750,000 · First Trust Bank Of Savings
Oct 12, 2006
$749,000
Town & Country Developers LLC
Rock-tenn Converting
Grant Deed
—
—
—
Stallings Towncenter LLC
—
Deed Of Trust
related
$865,000 · Fifth Third Bk
—
—
Hendley Brewer Properties
—
Deed Of Trust
related
$2,690,000 · Fifth Third Bk
—
—
Hendley & Brewer Invs LLC
—
Deed Of Trust
related
$1,900,000 · First Charter Bank
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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