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    Property profile & analytics

    338 Pea Rdg Rd New Hill, NC 27562-8951

    • Industrial properties
    • 40,100 SF
    • 275.54 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 24, 2023
    $45,500
    Location Intelligence
    Property ID
    US53-1017949
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Industrial properties

    Property Details for 338 Pea Rdg Rd

    Year built
    1971
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    275.54 lot acres
    Property size
    40,100 SF
    Zone code
    IND-H
    Property type
    Industrial properties
    APN
    5814
    APU
    5814

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    New Hill
    County
    Chatham
    State
    North Carolina
    Longitude
    -79.0446
    Latitude
    35.6233
    CBSA code
    20500
    CBSA name
    DURHAM-CHAPEL HILL, NC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $18,459
    $1,633,287
    $610,939
    $2,244,226
    -
    $1,633,287
    $610,939
    $2,244,226

    Comparable in this City

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      1,800 SF

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    • Value Estimation by Request

      Christian Chapel Church Rd

      Agricultural land
      0 Christian Chapel Church Rd, New Hill, NC 27562
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      $365,000
      14,800 SF

      634 Christian Chapel Church Rd

      INDUSTRIAL (GENERAL) • 14,800 SF
      634 Christian Chapel Church Rd, New Hill, NC 27562-8867
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    • Value Estimation by Request
      22,953 SF

      5712 Training Ave

      WAREHOUSE, STORAGE • 22,953 SF
      5712 Training Ave, New Hill, NC 27562-9302
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      $645,000
      7,920 SF

      5333 New Hl Holleman Rd

      MINI-WAREHOUSE, STORAGE • 7,920 SF
      5333 New Hl Holleman Rd, New Hill, NC 27562
      View Details
    • Value Estimation by Request
      3,300 SF

      1900 New Hl Olive Chapel Rd

      WAREHOUSE, STORAGE • 3,300 SF
      1900 New Hl Olive Chapel Rd, New Hill, NC 27562
      View Details

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      114.29 Acres

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    338 Pea Rdg Rd
    New Hill, NC 27562-8951
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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