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Property profile & analytics
OFF-MARKET
Warehouses
4704 College N Rd, Castle Hayne, NC 28429-6000
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1627300
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
STEEL FRAME
Total area
6,250 SF
Lot
0.82 ac (35,719 SF)
Zoning code
I-2,INDUSTRIAL DISTRICT
APN
R01800-002-004-002
UPID
US53-1627300
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
-
Fixed Auto Restoration, LLC Auto Repair Shop
-
DermalSmooth Physician
-
Desert Power Wagons Industrial Manufacturer
-
Get Your Massage Now Alternative Medicine Practice Spa & Massage Center
-
Osprey Custom Cars Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Osprey Custom 4x4 LLC · 4 yrs held
Osprey Custom 4x4 LLC
since 2022
Last sale
$320,000
5 recorded transactions
Zoning & alternative use
I-2,INDUSTRIAL DISTRICT · Castle Hayne, 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 Castle Hayne submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Castle Hayne 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
—
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
$4,395
Tax year 2024
Assessed value
$761,800
Assessed 2024
Previous assessed
$761,800
+0.0% YoY
Effective rate
0.58%
On assessed value
Assessed land
$138,000
Assessed improvement
$623,800
Land market value
$138,000
Improvement market value
$623,800
Total market value
$761,800
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
Off-Market
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
3
Stories
1
Units
1
Total area
6,250 SF
Lot
0.82 ac (35,719 SF)
Zoning code
I-2,INDUSTRIAL DISTRICT
APN
R01800-002-004-002
UPID
US53-1627300
Jurisdiction
NEW HANOVER
Zoning & alternative use
I-2,INDUSTRIAL DISTRICT · Castle Hayne, NC
Zoning I-2,INDUSTRIAL DISTRICT · permitted uses
I-2,INDUSTRIAL DISTRICT · Castle Hayne, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Castle Hayne. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Units
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Osprey Custom 4x4 LLC
Entity
Mailing address
9100 SALEM CT, WILMINGTON, NC 28411-6726
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
May 12, 2022
—
Osprey Custom 4x4 LLC
The Slim Co LLC
Quit Claim Deed
related
$250,000 · United Bank
May 28, 2021
—
Osprey Custom 4x4 LLC
The Slim Co LLC
Quit Claim Deed
related
—
Apr 12, 2017
$320,000
Slim Co LLC
Rl Blanton & Co INC
Warranty Deed
—
Apr 12, 2017
—
Slim Co LLC
Blanton,randy L & Judy H
Grant Deed
related
$250,000 · Crescom Bk
Feb 7, 2017
—
R L Blanton & Co
Blanton,randy L & Judy
Quit Claim 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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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