Back to Search
Property profile & analytics
FOR SALE
Industrial properties
302 Western Blvd Jacksonville, NC 28546
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-0964309
For Sale
1 / 48
$2,550,000
302 Western Blvd, Jacksonville, NC 28546
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2002
Total area
15,550 SF
Lot
3.5 ac (152,460 SF)
Zoning code
CC
APN
33462
UPID
US53-0964309
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
$745k
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.08M
Owner & transaction history
Mbm3 LLC · 1 yrs held
Mbm3 LLC
since 2025
4 recorded transactions
Zoning & alternative use
CC · Jacksonville, 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 Jacksonville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Jacksonville 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
$745,000
CAP Approach
CAP Return
Estimation
6%
$1,360,000
6.5%
$1,255,000
7%
$1,165,000
Blend value · Realmo final
$1.08M
Range $968k – $1.18M · ±10%
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
$37,963
Tax year 2023
Assessed value
$3,024,900
Assessed 2023
Previous assessed
$3,024,900
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$1,529,390
Assessed improvement
$1,495,510
Land market value
$1,529,390
Improvement market value
$1,495,510
Total market value
$3,024,900
Applied tax rate
1,020.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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 Sale
Year built
2002
Heating
HEAT PUMP
Cooling
YES
Stories
2
Rooms
28
Total area
15,550 SF
Lot
3.5 ac (152,460 SF)
Zoning code
CC
APN
33462
UPID
US53-0964309
Jurisdiction
ONSLOW
Zoning & alternative use
CC · Jacksonville, NC
Zoning CC · permitted uses
CC · Jacksonville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Jacksonville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2002
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Rooms
28
Lot
3.5 ac
Current owner
From public records · entity-resolved
Mbm3 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 27131, RALEIGH, NC 27611-7131
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 20, 2025
—
Mbm3 LLC
Mary B Morgan
Deed
related
—
Apr 30, 2025
—
Mbm3 LLC
Mary B Morgan
Deed
—
Jul 20, 2017
$1,430,000
Pt Greenland LLC
Eastern Pride INC
Grant Deed
$630,000 · American Nat'l Bk
Nov 2, 2016
$1,110,000
Eastern Pride INC
Morgan,mary B & W Kenneth SR
Warranty Deed
$1,055,000 · 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
