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Property profile & analytics
OFF-MARKET
Estimated value
$275,000
Manufacturing properties
286 Industrial Park Rd Rutherfordton, NC 28139-2526
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-2514547
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1950
Total area
26,621 SF
Lot
17.12 ac (745,747 SF)
Zoning code
IND
APN
1600108
UPID
US53-2514547
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$275k
Owner & transaction history
Brax Holdings LLC · 5 yrs held
Brax Holdings LLC
since 2020
Last sale
$228,500
5 recorded transactions
Zoning & alternative use
IND · Rutherfordton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Industrial District (IND) is established to provide locations for industrial uses that, due to the scale of the buildings or the nature of the use, cannot be integrated into the community. Uses within the Industrial District are buffered from adjacent uses. The dominant uses in this district are manufacturing and warehouse storage.
Zone name
Industrial
General category
INDUSTRIAL
Zone area
85.07 ac
Source
Realmo
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 Rutherfordton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rutherfordton 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$275k
Range $248k – $303k · ±10% · vs last sale $229k (Nov 6 2020)
Last sale anchor
$229k
Nov 6 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
$10 / 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 2021Property tax & assessments
Tax year 2021
Tax billed
$6,152
Tax year 2021
Assessed value
$555,500
Assessed 2023
Previous assessed
$555,500
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$186,200
Assessed improvement
$369,300
Land market value
$186,200
Improvement market value
$369,300
Total market value
$555,500
Applied tax rate
12.0000
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
1950
Heating
FORCED AIR
Cooling
PARTIAL
Stories
1
Total area
26,621 SF
Lot
17.12 ac (745,747 SF)
Zoning code
IND
APN
1600108
UPID
US53-2514547
Jurisdiction
RUTHERFORD
Zoning & alternative use
IND · Rutherfordton, NCZoning IND · permitted uses
IND · Rutherfordton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Industrial District (IND) is established to provide locations for industrial uses that, due to the scale of the buildings or the nature of the use, cannot be integrated into the community. Uses within the Industrial District are buffered from adjacent uses. The dominant uses in this district are manufacturing and warehouse storage.
Zone name
Industrial
General category
INDUSTRIAL
Zone area
85.07 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1950
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
17.12 ac
Current owner
From public records · entity-resolved
Brax Holdings LLC
Entity
Mailing address
286 INDUSTRIAL PARK RD, RUTHERFORDTON, NC 28139-2526
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 6, 2020
$228,500
Brax Holdings LLC
Outdoor Colors LLC
Warranty Deed
$230,000 · First Bank
Jan 31, 2020
—
Outdoor Colors LLC
—
Deed
related
$250,000 · Norma J Errett
Dec 20, 2006
$500,000
Outdoor Colors LLC
Color Works INC
Grant Deed
—
—
—
Outdoor Colors LLC
—
Deed Of Trust
related
$250,000 · Norma J Errett
—
—
Outdoor Colors LLC
—
Deed Of Trust
related
$493,600 · Carolina First 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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