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Property profile & analytics
OFF-MARKET
Estimated value
$6,405,000
Industrial properties
5241 National Ctr Dr, Colfax, NC 27235-9719
Entity Owned
13-yr Hold
~
Est. High Equity
Property ID
US53-5342794
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1999
Construction
FRAME
Total area
111,052 SF
Lot
8.72 ac (379,843 SF)
Zoning code
CU-LI
APN
209995
UPID
US53-5342794
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
-
American Premium Beverage Inc Brewery & Distillery Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.82M
Comparable Approach
Comparable
$7.03M
Blend (final)
Blend
$6.41M
Owner & transaction history
Barringer Leasing LLC · 13 yrs held
Barringer Leasing LLC
since 2012
5 recorded transactions
Zoning & alternative use
CU-LI · Colfax, 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 Colfax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colfax 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%
$8,465,000
6.5%
$7,815,000
7%
$7,260,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,115,000
Current use
Blend value · Realmo final
$6.41M
Range $5.76M – $7.05M · ±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
$58 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$83,860
Tax year 2023
Assessed value
$6,221,100
Assessed 2023
Previous assessed
$6,221,100
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$767,400
Assessed improvement
$5,453,700
Land market value
$767,400
Improvement market value
$5,453,700
Total market value
$6,221,100
Applied tax rate
2.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
AC.PACKAGE
Stories
1
Bathrooms
7
Total area
111,052 SF
Lot
8.72 ac (379,843 SF)
Zoning code
CU-LI
APN
209995
UPID
US53-5342794
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LI · Colfax, NC
Zoning CU-LI · permitted uses
CU-LI · Colfax, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colfax. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.1M
INDUSTRIAL (GENERAL) Current
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
1999
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
7
Lot
8.72 ac
Current owner
From public records · entity-resolved
Barringer Leasing LLC
Entity
Mailing address
1620 FAIRFAX RD, GREENSBORO, NC 27407-4139
Ownership since
2012
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
Mar 1, 2019
—
Barringer Leasing LLC
—
Loan Modification
related
$377,000,000 · Bank Of America
Oct 31, 2012
$4,600,000
Barringer Leasing LLC
Awb Leasing LLC
Grant Deed
—
Nov 25, 2008
$523,500
Awb Leasing LLC
American,wholesale Beverag
Grant Deed
—
—
—
Awb Leasing LLC
—
Deed Of Trust
related
$4,640,000 · Rbc Centura Bank
—
—
American Wholesle Beverage Co
—
Deed Of Trust
related
$4,640,000 · Rbc Centura Bank
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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