3520 Us Highway 220 Madison, NC 27025
Manufacturing properties
Google Maps
Entity Owned
6-yr Hold
~
Est. High Equity
For Lease
1 / 2
Contact for pricing
3520 Us Highway 220, Madison, NC 27025
View Listing →
Estimated value (blended)
$505k
Range $455k – $556k (±10%)
Property ID
US53-1766114
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Total area
20,980 SF
Lot
2.9 ac (126,324 SF)
Zoning code
LIGHT INDUSTRIAL COUNTY
APN
7924-00-15-5060-00
UPID
US53-1766114
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$505k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$505k
Owner & transaction history
since 2020
6 recorded transactions
Zoning & alternative use
LIGHT INDUSTRIAL COUNTY · Madison, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 6 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$505k
Value range
$455k – $556k
±10% around blend
Estimated value / SF
$24 / SF
Confidence
High
6 county-verified comps
Property data
88
Comparable evidence
60
Income certainty
100
$455k
blend $505k
$556k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
20,980 SF
Lot area
2.9 ac
Year built
1989
Stories
1
APN
7924-00-15-5060-00
Assessed value
$413,037
Annual tax
$3,222
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$3,222
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$1.64M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
19.0 mi away · 15,825 SF
21.8 mi away · 19,848 SF
22.2 mi away · 20,735 SF
22.2 mi away · 25,896 SF
24.8 mi away · 17,080 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$505k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
2,883,466.67%
Selected cap rate for this manufacturing properties
Derived from the Madison market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$130k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4
Move the market yield to see immediate price impact.
Value / SF
$0
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
2,883,466.17%2,883,466.67%2,883,467.17%
$117k
$4
$4
$4
$130k
$4
$4
$4
$143k
$4
$4
$4
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$2.67M
18.0 mi · Feb 2026 · $122/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,222
Tax year 2023
Assessed value
$413,037
Assessed 2023
Previous assessed
$413,037
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$55,850
Assessed improvement
$357,187
Land market value
$55,850
Improvement market value
$357,187
Total market value
$413,037
Applied tax rate
115.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
1989
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Total area
20,980 SF
Lot
2.9 ac (126,324 SF)
Zoning code
LIGHT INDUSTRIAL COUNTY
APN
7924-00-15-5060-00
UPID
US53-1766114
Jurisdiction
ROCKINGHAM
Zoning & alternative use
LIGHT INDUSTRIAL COUNTY · Madison, NCZoning LIGHT INDUSTRIAL COUNTY · permitted uses
LIGHT INDUSTRIAL COUNTY · Madison, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1989
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Lot
2.9 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LIGHT INDUSTRIAL COUNTY
Jurisdiction
Madison, NC
Recorded code
LIGHT INDUSTRIAL COUNTY
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for LIGHT INDUSTRIAL COUNTY in Madison, NC.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
