Property profile

5639 Us 221st S Marion, NC 28752

OFF-MARKET
Warehouses
Property ID
US53-2888090
21,280 SF 9.97 ac lot Built 1998
Entity Owned 5-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1998
Construction STEEL FRAME
Total area 21,280 SF
Lot 9.97 ac (434,293 SF)
APN 1619-00-24-9603
UPID US53-2888090

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5639 Us 221st S Marion, NC 28752-7028
Marion metro Census 970903 MARION, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$1.25M

Owner & transaction history

since 2021
Last sale
$1.1M
7 recorded transactions
2022
Price N/A
2021
$1.1M
2013
$340,000
2013
$340,000
2012
$308,750
2012
$309,000
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.9M +35.7%
Restaurant $1.7M +23.4%
Medical building $1.5M +6.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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