Entity Owned Property summary
AI-generated overview
This exceptional 21,851-square-foot refrigerated/cold storage facility in Graham, North Carolina, presents a compelling investment opportunity. Located at 611 E Gilbreath St, this single-story, 2002-built building sits on a 4.64-acre lot zoned I-2. Currently 100% occupied by a long-term tenant in the food processing industry, the property offers significant potential for both owner-occupants and investors. While the tenant has expressed interest in remaining, there is no current lease in place, providing flexibility for future use. The facility boasts one dock-high door and is strategically positioned for efficient distribution, with easy access to I-40, bridging the Triad and Triangle regions. Its infrastructure is designed to meet stringent food processing and storage requirements, ensuring quality and safety. The asking price is $1,850,000, translating to $84.66 per square foot. This represents a rare opportunity to acquire a well-maintained, strategically located food processing facility with substantial upside potential through lease negotiations or land utilization. The property's size, location, and current occupancy make it an attractive investment in the thriving Alamance County market.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2002
Total area
27,600 SF
Lot
4.64 ac (202,118 SF)
Zoning code
I2
APN
146704
UPID
US53-5304009
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.67M
Comparable Approach
Comparable
$2.22M
Blend (final)
Blend
$515k
Owner & transaction history
since 2025
4 recorded transactions
Zoning & alternative use
I2 · Graham, NC
Top alternative use upside
Retail stores
$2.7M
+75.4%
Warehouse, storage
$2.0M
+26.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$515k
Value range
$464k – $567k
±10% around blend
Estimated value / SF
$19 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
30
$464k
blend $515k
$567k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
27,600 SF
Lot area
4.64 ac
Year built
2002
Stories
1
APN
146704
Zoning
I2
Assessed value
$1,394,241
Annual tax
$6,023
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.67M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.81M
@ 6.5% CAP return
$1.67M
@ 7% CAP return
$1.55M
4
Sales comparison
Partial preview
Sales approach indication
$4.34M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
15.2 mi away · 32,500 SF
17.7 mi away · 30,879 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$515k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 39 sales
$57
-67%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $19/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+75%
vs current-use indication
Warehouse, Storage
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.39M
Move the market yield to see immediate price impact.
Value / SF
$51
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$88k
$1.76M
$1.25M
$976k
$98k
$1.95M
$1.39M
$1.08M
$107k
$2.15M
$1.53M
$1.19M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$3.55M
5.4 mi · Dec 2025 · $104/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$6,023
Tax year 2023
Assessed value
$1,394,241
Assessed 2023
Previous assessed
$1,394,241
+0.0% YoY
Effective rate
0.43%
On assessed value
Assessed land
$115,862
Assessed improvement
$1,278,379
Land market value
$115,862
Improvement market value
$1,278,379
Total market value
$1,394,241
Applied tax rate
11.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
27,600 SF
Lot
4.64 ac (202,118 SF)
Zoning code
I2
APN
146704
UPID
US53-5304009
Jurisdiction
ALAMANCE
Zoning & alternative use
I2 · Graham, NCZoning I2 · permitted uses
I2 · Graham, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2002
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
4.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I2
Jurisdiction
Graham, NC
Recorded code
I2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I2 in Graham, NC.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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