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Property profile & analytics
OFF-MARKET
Estimated value
$2,420,000
Apartment buildings
600 Deerfield Trce, Mebane, NC 27302-7144
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0835557
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1997
Total area
19,692 SF
Lot
12.27 ac (534,612 SF)
Zoning code
R 8
APN
163584
UPID
US53-0835557
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
-
Deerfield Crossing Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.41M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.42M
Owner & transaction history
Deerfield Crossing Apartments Nc LP · 2 yrs held
Deerfield Crossing Apartments Nc LP
since 2023
5 recorded transactions
Zoning & alternative use
R 8 · Mebane, 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 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%
$2,605,000
6.5%
$2,405,000
7%
$2,235,000
Blend value · Realmo final
$2.42M
Range $2.18M – $2.66M · ±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
$123 / 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
$127,807
Tax year 2023
Assessed value
$15,936,096
Assessed 2023
Previous assessed
$15,936,096
+0.0% YoY
Effective rate
0.80%
On assessed value
Assessed land
$1,242,055
Assessed improvement
$14,694,041
Land market value
$1,242,055
Improvement market value
$14,694,041
Total market value
$15,936,096
Applied tax rate
14.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1997
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
3
Stories
1
Rooms
8
Bathrooms
1
Total area
19,692 SF
Lot
12.27 ac (534,612 SF)
Zoning code
R 8
APN
163584
UPID
US53-0835557
Jurisdiction
ALAMANCE
Zoning & alternative use
R 8 · Mebane, NC
Zoning R 8 · permitted uses
R 8 · Mebane, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mebane. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Buildings
3
Rooms
8
Bathrooms
1
Lot
12.27 ac
Current owner
From public records · entity-resolved
Deerfield Crossing Apartments Nc LP
Entity
Mailing address
1 PARAGON DR STE 260TH MONTVALE
Ownership since
2023
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
Jul 17, 2023
—
Deerfield Crossing Apartments Nc LP
Deerfield Crossing Apartments Ova L
Special Warranty Deed
—
Apr 28, 2021
$16,095,000
Deerfield Crossing Apartments Vmg L
Tralee Affordable Panther LLC
Special Warranty Deed
—
Aug 1, 2013
$6,700,000
Deancurt Mebane LLC
Deerfield Apartments LP
Grant Deed
$13,000,000 · Td Bank NA
—
—
Mebane Prescott LLC
—
Deed Of Trust
related
$5,117,000 · Citibank NA
—
—
Tralee Affordable Panther LLC
—
Deed Of Trust
related
$9,000,000 · Jones Lang Lasalle Multifamily
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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