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Property profile & analytics
OFF-MARKET
Estimated value
$5,040,000
Industrial properties
22261 Skwy Church Rd Maxton, NC 28364-6484
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-2939200
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1976
Construction
CONCRETE
Total area
50,120 SF
Lot
31.3 ac (1,363,428 SF)
Zoning code
RA
APN
010252 01003
UPID
US53-2939200
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
$6.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.04M
Owner & transaction history
Southeast Regional Airport Authority
Southeast Regional Airport Authority
since 2026
Last sale
$5.0M
2 recorded transactions
Zoning & alternative use
RA · Maxton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$6.1M
+321.3%
Restaurant
$6.0M
+316.8%
Commercial (general)
$5.5M
+277.1%
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 Maxton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Maxton 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
$5,115,000
ML approach
$6,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$6,110,000
Change: +321% · Conversion: Difficult
RESTAURANT
$6,045,000
Change: +317% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,470,000
Change: +277% · Conversion: Difficult
MEDICAL BUILDING
$3,925,000
Change: +171% · Conversion: Difficult
Blend value · Realmo final
$5.04M
Range $4.54M – $5.54M · ±10% · vs last sale $5.00M (May 28 2021)
Last sale anchor
$5.00M
May 28 2021
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
$101 / 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
$1,699,170
Assessed 2024
Previous assessed
$1,699,170
+0.0% YoY
Assessed land
$202,970
Assessed improvement
$1,496,200
Total market value
$1,699,170
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
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1976
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
NONE
Stories
1
Bathrooms
1
Total area
50,120 SF
Lot
31.3 ac (1,363,428 SF)
Zoning code
RA
APN
010252 01003
UPID
US53-2939200
Jurisdiction
SCOTLAND
Zoning & alternative use
RA · Maxton, NC
Zoning RA · permitted uses
RA · Maxton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Maxton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING
Est. value
$6.1M
RESTAURANT
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.5M
MEDICAL BUILDING
Est. value
$3.9M
OFFICE BUILDING
RESTAURANT
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1976
Construction
CONCRETE
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
1
Lot
31.3 ac
Current owner
From public records · entity-resolved
Southeast Regional Airport Authority
Entity
Free & Clear · 0 yrs held
Mailing address
169 RDG CRST DR, CHERRYVILLE, NC 28021-9312
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 13, 2026
$3,700,000
Southeast Regional Airport Authority
Scotland Manufacturing Real Estate Compa
Deed
—
May 28, 2021
$5,000,000
Scotland Mfg Reqaal Estate Co LLC
Nu Scotland LP
Special 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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