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Property profile & analytics
OFF-MARKET
Estimated value
$720,000
Warehouses
598 Trollingwood Hawflds Rd Mebane, NC 27302
Individually Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1992471
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2009
Total area
7,200 SF
Lot
10.3 ac (448,668 SF)
Zoning code
M 1
APN
160131
UPID
US53-1992471
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$875k
Comparable Approach
Comparable
$741k
Blend (final)
Blend
$720k
Owner & transaction history
Dean A Saunders · 19 yrs held
Dean A Saunders
since 2007
2 recorded transactions
Zoning & alternative use
M 1 · Mebane, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$845,000
+63.9%
Office building
$830,000
+61.1%
Auto repair, garage
$775,000
+50.8%
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 Mebane submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mebane 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%
$945,000
6.5%
$875,000
7%
$810,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$515,000
Current use
COMMERCIAL (GENERAL)
$845,000
Change: +64% · Conversion: Difficult
OFFICE BUILDING
$830,000
Change: +61% · Conversion: Difficult
AUTO REPAIR, GARAGE
$775,000
Change: +51% · Conversion: Easy
RETAIL STORES
$715,000
Change: +39% · Conversion: Moderate
Blend value · Realmo final
$720k
Range $648k – $792k · ±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
$100 / 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
$3,158
Tax year 2023
Assessed value
$602,882
Assessed 2023
Previous assessed
$602,882
+0.0% YoY
Effective rate
0.52%
On assessed value
Assessed land
$399,034
Assessed improvement
$203,848
Land market value
$399,034
Improvement market value
$203,848
Total market value
$602,882
Applied tax rate
43.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2009
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
7,200 SF
Lot
10.3 ac (448,668 SF)
Zoning code
M 1
APN
160131
UPID
US53-1992471
Jurisdiction
ALAMANCE
Zoning & alternative use
M 1 · Mebane, NCZoning M 1 · permitted uses
M 1 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$845,000
OFFICE BUILDING
Est. value
$830,000
AUTO REPAIR, GARAGE
Est. value
$775,000
RETAIL STORES
Est. value
$715,000
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
RETAIL STORES
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
2009
Heating
NONE
Cooling
Yes
Stories
1
Lot
10.3 ac
Current owner
From public records · entity-resolved
Dean A Saunders
Individual
Mailing address
3564 MEBANE ROGERS RD, MEBANE, NC 27302-9429
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2009
—
Saunders,dean A & Deborah E
—
Trustees Deed
related
$450,000 · Midcarolina Bk
Jun 7, 2007
$200,000
Dean A Saunders
Richard C Flynt
Warranty Deed
$170,000 · Midcarolina 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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