New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,725,000
Industrial properties
421 Nun St, Wilmington, NC 28401-5119
Entity Owned
Free & Clear
Property ID
US53-0723494
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Construction
STEEL FRAME
Total area
170,170 SF
Lot
586.8 ac (25,561,008 SF)
Zoning code
I-2,INDUSTRIAL DISTRICT
APN
R01500-001-002-002
UPID
US53-0723494
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
$2.73M
Owner & transaction history
Moral Compass Holdings LLC
Moral Compass Holdings LLC
since 2026
7 recorded transactions
Zoning & alternative use
I-2,INDUSTRIAL DISTRICT · Wilmington, 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 Wilmington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Wilmington 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
$16 / 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
Assessed value
$931,400
Assessed 2024
Previous assessed
$931,400
+0.0% YoY
Assessed land
$931,400
Land market value
$931,400
Total market value
$931,400
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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
1985
Construction
STEEL FRAME
Heating
NONE
Stories
3
Bathrooms
2
Total area
170,170 SF
Lot
586.8 ac (25,561,008 SF)
Zoning code
I-2,INDUSTRIAL DISTRICT
APN
R01500-001-002-002
UPID
US53-0723494
Jurisdiction
NEW HANOVER
Zoning & alternative use
I-2,INDUSTRIAL DISTRICT · Wilmington, NC
Zoning I-2,INDUSTRIAL DISTRICT · permitted uses
I-2,INDUSTRIAL DISTRICT · Wilmington, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Wilmington. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1985
Construction
STEEL FRAME
Heating
NONE
Stories
3
Bathrooms
2
Lot
586.8 ac
Current owner
From public records · entity-resolved
Moral Compass Holdings LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 100, WINNABOW, NC 28479-0100
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2026
$2,670,000
Moral Compass Holdings LLC
2830 Highway 421 Owner LLC
Special Warranty Deed
—
Mar 6, 2026
$850,000
Drish Utilities LLC
Piedmont Developers LLC
Special Warranty Deed
$200,000 · Piedmont Developers LLC
May 15, 2025
—
Piedmont Developers LLC
—
Deed
related
$1,650,000 · To Yard LLC
Mar 14, 2025
—
Scamist Propertics-fayetteville LLC
Seamist Properties-fayetteville LLC
Deed
related
—
Dec 20, 2024
$190,000
3820 Wilmington LLC
Dlh Holdings LLC
Special Warranty Deed
—
Nov 20, 2024
$825,000
Piedmont Developers LLC
Nn Bleeker Nc LLC
Special Warranty Deed
—
Dec 21, 2022
$900,000
Nn Bleeker Nc LLC
Piedmont Developers LLC
Special Warranty Deed
—
Sep 13, 2022
$94,600
Pacific Woodtech Corporation
Louisiana Pacific Corporation
Deed
related
—
Oct 19, 2021
$1,222,000
Seamist Properties Fayetteville LLC
Invista Sarl
Special Warranty Deed
—
Sep 15, 2020
$2,000
421 Sand Mine LLC
Tree Shaker Acquisitions LLC
Warranty Deed
related
—
Sep 14, 2020
—
Tree Shanker Acquistions
Linda A Miles
Correction Deed
related
—
Feb 17, 2017
$128,000
Tree Shaker Acquisitions LLC
Basf Corporation
Warranty Deed
$66,000 · Fred R & Faye T Langley
Feb 17, 2017
$595,000
Phillips Leasing Systems LLC
Tree Shaker Acquisitions LLC
Warranty Deed
$297,500 · Pnc Bk
Feb 17, 2017
$672,000
Tree Shaker Acquisitions LLC
Basf Corp
Warranty Deed
—
Feb 28, 2011
—
State Of Nc
Corbett Industries INC
Grant Deed
related
—
Sep 17, 2009
$300,500
Phillips Leasing Systems LLC
Basf Corp
Grant Deed
$240,000 · Branch Banking & Trust Co
Oct 27, 2006
—
Basf Corp
Takeda Chemical Prod USA
Grant Deed
related
—
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.
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?”
You own 421 Nun St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
