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Property profile & analytics
OFF-MARKET
Estimated value
$685,000
Warehouses
303 Ctr St Mebane, NC 27302-2554
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1593691
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1987
Total area
4,800 SF
Lot
0.49 ac (21,344 SF)
Zoning code
B 2
APN
168654
UPID
US53-1593691
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
Current use
Occupant on record · Public records
-
Budget Storage Center Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$705k
CAP Approach
CAP
$695k
Comparable Approach
Comparable
$420k
Blend (final)
Blend
$685k
Owner & transaction history
Goodfellas Storage LLC · 1 yrs held
Goodfellas Storage LLC
since 2025
Last sale
$670,000
5 recorded transactions
Zoning & alternative use
B 2 · Mebane, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$565,000
+63.9%
Office building
$555,000
+61.1%
Auto repair, garage
$520,000
+50.8%
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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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
$695,000
ML approach
$705,000
CAP Approach
CAP Return
Estimation
6%
$755,000
6.5%
$695,000
7%
$645,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$565,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$555,000
Change: +61% · Conversion: Difficult
AUTO REPAIR, GARAGE
$520,000
Change: +51% · Conversion: Easy
RETAIL STORES
$475,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$685k
Range $617k – $754k · ±10% · vs last sale $670k (Nov 9 2023)
Last sale anchor
$670k
Nov 9 2023
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
$143 / 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
$2,745
Tax year 2023
Assessed value
$342,233
Assessed 2023
Previous assessed
$342,233
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$183,558
Assessed improvement
$158,675
Land market value
$183,558
Improvement market value
$158,675
Total market value
$342,233
Applied tax rate
14.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1987
Heating
YES
Cooling
NONE
Buildings
2
Stories
1
Total area
4,800 SF
Lot
0.49 ac (21,344 SF)
Zoning code
B 2
APN
168654
UPID
US53-1593691
Jurisdiction
ALAMANCE
Zoning & alternative use
B 2 · Mebane, NC
Zoning B 2 · permitted uses
B 2 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mebane. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$565,000
OFFICE BUILDING
Est. value
$555,000
AUTO REPAIR, GARAGE
Est. value
$520,000
RETAIL STORES
Est. value
$475,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
1987
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.49 ac
Current owner
From public records · entity-resolved
Goodfellas Storage LLC
Entity
Mailing address
614 N MADISON BLVD, ROXBORO, NC 27573-4636
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2025
—
Goodfellas Storage LLC
—
Deed
related
$50,000 · James Everette Wilson, II Crawford & Ela
Mar 19, 2025
$925,000
Goodfellas Storage LLC
Blue Heaven Storage LLC
Deed
related
$487,500 · Coastal Carolina National Bank
Mar 19, 2025
—
Goodfellas Storage LLC
—
Deed
related
$437,500 · James Everette Wilson, II Crawford & Ela
Nov 5, 2024
—
Blue Heaven Storage LLC
—
Deed
related
$550,000 · Roxboro Savings Bank Ssb
Nov 9, 2023
$670,000
Blue Heaven Storage LLC
Showcase Builders INC
Warranty Deed
$590,000 · Showcase Builders INC A North Carol
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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