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Property profile & analytics
FOR LEASE
Industrial properties
254 Tot Dellinger Rd, Cherryville, NC 28021
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-1251856
For Lease
1 / 2
$755,000
254 Tot Dellinger Rd, Cherryville, NC 28021
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1963
Total area
60,700 SF
Lot
9.69 ac (422,096 SF)
Zoning code
INDS2
APN
158944
UPID
US53-1251856
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
$830k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$965k
Blend (final)
Blend
$755k
Owner & transaction history
Circle F York Road LLC
Circle F York Road LLC
since 2026
Last sale
$600,000
6 recorded transactions
Zoning & alternative use
INDS2 · Cherryville, 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 Cherryville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cherryville 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
$830,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $600k (Apr 15 2021)
Last sale anchor
$600k
Apr 15 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
$12 / 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
$4,699
Tax year 2024
Assessed value
$658,180
Assessed 2024
Previous assessed
$658,180
+0.0% YoY
Effective rate
0.71%
On assessed value
Assessed land
$102,720
Assessed improvement
$555,460
Applied tax rate
350.0000
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
For Lease
Year built
1963
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Total area
60,700 SF
Lot
9.69 ac (422,096 SF)
Zoning code
INDS2
APN
158944
UPID
US53-1251856
Jurisdiction
GASTON
Zoning & alternative use
INDS2 · Cherryville, NC
Zoning INDS2 · permitted uses
INDS2 · Cherryville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cherryville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1963
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Lot
9.69 ac
Current owner
From public records · entity-resolved
Circle F York Road LLC
Entity
Mailing address
4200 N ATLANTIC BLVD, AUBURN HILLS, MI 48326-1578
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2026
$2,800,000
Circle F York Road LLC
D2z LLC
Special Warranty Deed
$1,803,200 · First Bank
Apr 15, 2021
$600,000
D2z LLC
Woodgrain INC
Special Warranty Deed
$600,000 · Equity Trust Company
Mar 19, 2020
$106,500
Woodgrain INC
Ww Culp Properties LLC
Warranty Deed
—
Apr 1, 2019
—
Ww Culp Properties LLC
—
Deed
related
$697,121 · Wells Fargo Bank NA
Feb 18, 2005
$500,000
W W Culp Properties LLC
Owner Name Unavailable
Grant Deed
—
—
—
Ww Culp Properties LLC
—
Loan Modification
related
$305,906 · Wells Fargo Bk
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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