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Property profile & analytics
FOR SALE
Industrial properties
5612 Tabbs Creek Rd, Oxford, NC 27565
Trust Owned
1-yr Hold
Free & Clear
Property ID
US53-2984933
For Sale
$15,470,000
5612 Tabbs Creek Rd, Oxford, NC 27565
View Listing →
Property summary
AI-generated overview
This exceptional 442-acre industrial land parcel in Granville County, North Carolina, presents a significant investment opportunity. Located at 5612 Tabbs Creek Road, Oxford, NC 27565, this I-2 zoned property offers convenient access to I-85, placing it within easy reach of Durham, Research Triangle Park, Lake Gaston, and Virginia. The site, part of the Kerr Tar Regional Economic Development Industrial Site, is served by water and sewer and can be subdivided into parcels of at least 5 acres to accommodate various development needs. Its strategic location and I-2 zoning make it ideal for a wide range of industrial uses. The property's proximity to Vance Granville Community College further enhances its appeal, providing access to a skilled workforce. This substantial landholding offers the chance to join established businesses like Revlon, Altec, Certainteed, and Bridgestone in Granville County. The asking price is $17,017,000, representing a price per acre of $38,500. A portion of the land extends into Vance County.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1901
Total area
1,504 SF
Lot
442.54 ac (19,277,042 SF)
APN
193302865830
UPID
US53-2984933
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
-
Triangle North Business Park Charitable Organization Social Service Agency
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
The Trustees Of Vance-granville Com · 1 yrs held
The Trustees Of Vance-granville Com
since 2024
3 recorded transactions
Zoning & alternative use
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 Oxford submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Oxford 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 2020Property tax & assessments
Tax year 2020
Tax billed
$19,736
Tax year 2020
Assessed value
$4,917,004
Assessed 2024
Previous assessed
$2,348,059
+109.4% YoY
Effective rate
0.40%
On assessed value
Assessed land
$4,879,004
Assessed improvement
$38,000
Land market value
$4,879,004
Improvement market value
$38,000
Total market value
$4,917,004
Applied tax rate
11.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Sale
Year built
1901
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
1
Total area
1,504 SF
Lot
442.54 ac (19,277,042 SF)
APN
193302865830
UPID
US53-2984933
Jurisdiction
GRANVILLE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1901
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
1
Lot
442.54 ac
Current owner
From public records · entity-resolved
The Trustees Of Vance-granville Com
Trust
Free & Clear · 1 yrs held
Mailing address
PO BOX 709, HENDERSON, NC 27536-0709
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 20, 2024
—
The Trustees Of Vance-granville Com
Kerr-tar Regional Economic Developm
Special Warranty Deed
—
Aug 1, 2007
—
Kerr Tar Regional Economic Developm
Granville Park Partners LLC
Warranty Deed
$25,000,000 · Granville Park Partners LLC
May 30, 2006
—
Granville Park Partners LLC
William And Julia Powell Family Par
Warranty Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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