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Property profile & analytics
OFF-MARKET
Manufacturing properties
303 Main St Broadway, NC 27505-9509
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2631756
Property profile
Verified
Property type
Manufacturing properties
Use group
PROCESSING PLANT (CEMENT, GRAVEL)
Year built
1976
Total area
14,276 SF
Lot
0.9 ac (39,204 SF)
Zoning code
LIGHT INDUSTRIAL
APN
9682-23-4077-00
UPID
US53-2631756
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
-
Rock Slide USA Industrial Manufacturer Production Facility
-
Replacement Cartridge Filters Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ian O Frampton · 6 yrs held
Ian O Frampton
since 2020
Last sale
$373,000
7 recorded transactions
Zoning & alternative use
LIGHT INDUSTRIAL · Broadway, 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 Broadway submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Broadway 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,169
Tax year 2024
Assessed value
$498,700
Assessed 2024
Previous assessed
$498,700
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$58,800
Assessed improvement
$439,900
Land market value
$58,800
Improvement market value
$439,900
Total market value
$498,700
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
PROCESSING PLANT (CEMENT, GRAVEL)
Status
Off-Market
Year built
1976
Heating
YES
Cooling
NONE
Stories
1
Total area
14,276 SF
Lot
0.9 ac (39,204 SF)
Zoning code
LIGHT INDUSTRIAL
APN
9682-23-4077-00
UPID
US53-2631756
Jurisdiction
LEE
Zoning & alternative use
LIGHT INDUSTRIAL · Broadway, NC
Zoning LIGHT INDUSTRIAL · permitted uses
LIGHT INDUSTRIAL · Broadway, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Broadway. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Heating
YES
Cooling
Yes
Stories
1
Lot
0.9 ac
Current owner
From public records · entity-resolved
Ian O Frampton
Individual
Free & Clear · 6 yrs held
Mailing address
5708 SPENCE FARM RD, HOLLY SPRINGS, NC 27540-6270
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 5, 2020
$373,000
Ian O Frampton
Paylink LLC
Warranty Deed
—
Oct 16, 2019
—
Paylink LLC
—
Deed
related
$50,000 · First National Bank Of Pennsylvania
Apr 22, 2019
—
Bridewell Associates LLC
—
Deed
related
$1,300,000 · Capital Bk
Nov 20, 2017
$270,000
Paylinkllc
4 Stroke Investments LLC
Warranty Deed
$170,000 · 4 Stroke Investments LLC
May 1, 2008
$300,000
4 Stroke Investments LLC
Jetedar
Warranty Deed
related
$270,000 · P Blaine Clemens
—
—
Bridewell Associates LLC
—
Deed Of Trust
related
$1,300,000 · Capital Bk
—
—
4 Stroke Investments LLC
—
Deed Of Trust
related
$40,000 · Town Of Broadway
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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