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Property profile & analytics
FOR SALE
Warehouses
4139 Us Highway 311, Randleman, NC 27317
Entity Owned
Absentee Owner
Free & Clear
Property ID
US53-1242462
For Sale
1 / 2
$5,250,000
4139 Us Highway 311, Randleman, NC 27317
View Listing →
Property summary
AI-generated overview
This expansive 130,594-square-foot industrial property in Randleman, NC, presents a significant investment opportunity. Situated on approximately 26.12 acres, this single-story building, constructed in 1974 with subsequent expansions, boasts a versatile layout ideal for distribution, manufacturing, or warehousing. The property features three distinct warehouse areas: a 42,000-square-foot main building with front offices and air-conditioned manufacturing space
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
14,000 SF
Lot
9.32 ac (405,979 SF)
Zoning code
I1
APN
7754391684
UPID
US53-1242462
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
$1.04M
Comparable Approach
Comparable
$943k
Blend (final)
Blend
$885k
Owner & transaction history
Harmony Industries INC
Harmony Industries INC
since 2025
5 recorded transactions
Zoning & alternative use
I1 · Randleman, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.0M
+80.6%
Auto repair, garage
$1.0M
+76.4%
Retail stores
$985,000
+74.3%
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 Randleman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Randleman 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%
$1,130,000
6.5%
$1,040,000
7%
$965,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$565,000
Current use
OFFICE BUILDING
$1,020,000
Change: +81% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,000,000
Change: +76% · Conversion: Easy
RETAIL STORES
$985,000
Change: +74% · Conversion: Moderate
COMMERCIAL (GENERAL)
$790,000
Change: +39% · Conversion: Difficult
Blend value · Realmo final
$885k
Range $797k – $974k · ±10%
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
$63 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$17,360
Tax year 2024
Assessed value
$2,670,790
Assessed 2024
Previous assessed
$2,670,790
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$212,980
Assessed improvement
$2,457,810
Land market value
$212,980
Improvement market value
$2,457,810
Total market value
$2,670,790
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1985
Heating
NONE
Cooling
NONE
Buildings
3
Stories
1
Total area
14,000 SF
Lot
9.32 ac (405,979 SF)
Zoning code
I1
APN
7754391684
UPID
US53-1242462
Jurisdiction
RANDOLPH
Zoning & alternative use
I1 · Randleman, NC
Zoning I1 · permitted uses
I1 · Randleman, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Randleman. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$565,000
OFFICE BUILDING
Est. value
$1.0M
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$985,000
COMMERCIAL (GENERAL)
Est. value
$790,000
WAREHOUSE, STORAGE Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
COMMERCIAL (GENERAL)
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
1985
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
9.32 ac
Current owner
From public records · entity-resolved
Harmony Industries INC
Entity
Free & Clear · 0 yrs held
Mailing address
1500 RIVEREDGE PKWY, ATLANTA, GA 30328-4642
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Aug 18, 2025
$3,250,000
Harmony Industries INC
Graphic Packaging International LLC
Special Warranty Deed
—
Sep 22, 2009
—
Caraustar Custom Packaging Gro
—
Deed Of Trust
related
$75,000,000 · General Electric Capital Corp
Oct 18, 2006
$10,000
Metals USA Carbon Flat Rolled
Caraustar Custom Packaging Gro
Grant Deed
related
—
—
—
Caraustar,custom Packaging Grp
—
Deed Of Trust
related
$85,000,000 · Wilmington Trust Co
—
—
Caraustar,custom Packaging Grp
—
Deed Of Trust
related
$75,000,000 · General Electric Capital Corp
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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