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Property profile & analytics
OFF-MARKET
Estimated value
$2,675,000
Manufacturing properties
4620 Industry Ln, Durham, NC 27713-1656
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1279820
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1983
Total area
16,700 SF
Lot
2.92 ac (127,195 SF)
Zoning code
IL
APN
133851
UPID
US53-1279820
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
Current use
Occupant on record · Public records
-
One Hour Heating & Air Conditioning Hardware & Home Improvement HVAC Service
-
Med Express Repairs Medical Supply Store
-
Teleflex Medical Applier Repair Medical Supply Store Repair Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.99M
CAP Approach
CAP
$3.40M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.68M
Owner & transaction history
Anamash LLC · 3 yrs held
Anamash LLC
since 2023
Last sale
$2.5M
4 recorded transactions
Zoning & alternative use
IL · Durham, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.1M
+41.3%
Commercial (general)
$4.0M
+39.4%
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 Durham submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Durham 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
$3,115,000
ML approach
$2,990,000
CAP Approach
CAP Return
Estimation
6%
$3,680,000
6.5%
$3,395,000
7%
$3,155,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,905,000
Current use
RETAIL STORES
$4,105,000
Change: +41% · Conversion: Moderate
COMMERCIAL (GENERAL)
$4,045,000
Change: +39% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,490,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$2.68M
Range $2.41M – $2.94M · ±10% · vs last sale $2.50M (May 4 2023)
Last sale anchor
$2.50M
May 4 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
$160 / 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
$13,097
Tax year 2024
Assessed value
$938,943
Assessed 2024
Previous assessed
$938,943
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$207,660
Assessed improvement
$731,283
Land market value
$207,660
Improvement market value
$731,283
Total market value
$938,943
Applied tax rate
1.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1983
Heating
SPACE
Cooling
YES
Stories
1
Total area
16,700 SF
Lot
2.92 ac (127,195 SF)
Zoning code
IL
APN
133851
UPID
US53-1279820
Jurisdiction
DURHAM
Zoning & alternative use
IL · Durham, NC
Zoning IL · permitted uses
IL · Durham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Durham. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.9M
RETAIL STORES
Est. value
$4.1M
COMMERCIAL (GENERAL)
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
1983
Heating
SPACE
Cooling
Yes
Stories
1
Lot
2.92 ac
Current owner
From public records · entity-resolved
Anamash LLC
Entity
Mailing address
508 BALLAD CRK CT, CARY, NC 27519-9300
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2023
—
Anamash LLC
—
Deed
related
$252,499 · The Fidelity Bank
May 4, 2023
$2,500,000
Anamash LLC
Cimarron Holdings LLC
Special Warranty Deed
$2,353,249 · The Fidelity Bank
Mar 2, 2020
$1,650,000
Cimarron Holdings LLC
4620 Industry Lane LLC
Warranty Deed
$1,320,000 · First National Bank Of Pennsylvania
Apr 29, 2015
$975,000
4620 Industry Lane LLC
Carolina Refinishers INC
Warranty Deed
$999,000 · Branch Bk&tr
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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