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Property profile & analytics
OFF-MARKET
Estimated value
$1,080,000
Industrial properties
338 Pea Rdg Rd New Hill, NC 27562-8951
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1017949
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
40,100 SF
Lot
275.54 ac (12,002,522 SF)
Zoning code
IND-H
APN
5814
UPID
US53-1017949
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
$1.08M
Owner & transaction history
Fx New Hill Nc Landlord LLC · 3 yrs held
Fx New Hill Nc Landlord LLC
since 2023
Last sale
$45,500
7 recorded transactions
Zoning & alternative use
IND-H · New Hill, 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 New Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs New Hill 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
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,210,000
Current use
Blend value · Realmo final
$1.08M
Range $972k – $1.19M · ±10% · vs last sale $46k (May 24 2023)
Last sale anchor
$46k
May 24 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
$27 / 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
$18,459
Tax year 2023
Assessed value
$2,244,226
Assessed 2023
Previous assessed
$2,414,120
-7.0% YoY
Effective rate
0.82%
On assessed value
Assessed land
$1,633,287
Assessed improvement
$610,939
Land market value
$1,633,287
Improvement market value
$610,939
Total market value
$2,244,226
Applied tax rate
105.0000
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
Off-Market
Year built
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
40,100 SF
Lot
275.54 ac (12,002,522 SF)
Zoning code
IND-H
APN
5814
UPID
US53-1017949
Jurisdiction
CHATHAM
Zoning & alternative use
IND-H · New Hill, NC
Zoning IND-H · permitted uses
IND-H · New Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
New Hill. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.2M
INDUSTRIAL (GENERAL) Current
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
1971
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
275.54 ac
Current owner
From public records · entity-resolved
Fx New Hill Nc Landlord LLC
Entity
Free & Clear · 3 yrs held
Mailing address
3333 PEACHTREE RD NE, ATLANTA, GA 30326-1070
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 24, 2023
$45,500
Fx New Hill Nc Landlord LLC
Eco Tip West LLC
Special Warranty Deed
—
May 9, 2022
$2,475,500
Lx New Hill Nc Landlord LLC
Chatham County Growth I LLC
Special Warranty Deed
—
May 9, 2022
—
Chathani County Growth I LLC
Eco Tip West LLC
Special Warranty Deed
—
Mar 17, 2021
$6,000,000
Eco Tip West LLC
Moncure Holdings West LLC
Special Warranty Deed
—
Nov 24, 2015
—
Moncure Holdings West LLC
Durafiber Technologies Dft I
Quit Claim Deed
related
$2,000,000 · First Tn Bk
Nov 24, 2015
$2,750,000
Moncure Holdings West LLC
Durafiber Technologies Dft I
Warranty Deed
related
—
Sep 6, 2011
—
Performance Fibers INC
—
Deed Of Trust
related
$50,000,000 · Wells Fargo Capital Finance
Dec 22, 2004
$500,000
Performance Fibers INC
Honeywell International INC
Warranty Deed
—
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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