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Property profile & analytics
OFF-MARKET
Warehouses
621 Forum Pkwy Rural Hall, NC 27045-8934
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1609416
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1982
Construction
STEEL FRAME
Total area
5,164 SF
Lot
2.61 ac (113,692 SF)
Zoning code
GI
APN
6819-79-5555.00
UPID
US53-1609416
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
-
Kalmbach Feeds Big Box & Wholesale Store Agricultural Supply
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
Bip Rural Hall Property LLC · 4 yrs held
Bip Rural Hall Property LLC
since 2021
7 recorded transactions
Zoning & alternative use
GI · Rural Hall, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
274.36 ac
Source
Realmo
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 Rural Hall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rural Hall 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 2024Property tax & assessments
Tax year 2024
Tax billed
$3,097
Tax year 2024
Assessed value
$303,100
Assessed 2024
Previous assessed
$303,100
+0.0% YoY
Effective rate
1.02%
On assessed value
Assessed land
$119,000
Assessed improvement
$184,100
Land market value
$119,000
Improvement market value
$184,100
Total market value
$303,100
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
1982
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
5,164 SF
Lot
2.61 ac (113,692 SF)
Zoning code
GI
APN
6819-79-5555.00
UPID
US53-1609416
Jurisdiction
FORSYTH
Zoning & alternative use
GI · Rural Hall, NCZoning GI · permitted uses
GI · Rural Hall, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The GI District is primarily intended to accommodate a wide range of assembling, fabricating, and manufacturing activities
Zone name
General Industrial
General category
INDUSTRIAL
Zone area
274.36 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1982
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
2.61 ac
Current owner
From public records · entity-resolved
Bip Rural Hall Property LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1030 W CHICAGO AVE STE #300, CHICAGO, IL 60642-5671
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 1, 2022
—
Bip Rural Hall Property LLC
—
Deed
related
$515,000 · South State Bank National Association
Oct 22, 2021
—
Bip Rural Hall Property LLC
Walter A Collins
Special Warranty Deed
—
Sep 27, 2021
$357,500
Burnham Industrial Partners LLC
Walter A Collins
Special Warranty Deed
$325,000 · Tll Holdings LLC
—
—
Carolon Co
—
Deed Of Trust
related
$985,000 · First Citizens Bank & Trust Co
—
—
Carolina Co
—
Deed Of Trust
related
$500,000 · First Citizens Bank & Trust Co
—
—
W Collins
—
Deed Of Trust
related
$70,000 · Branch Banking & Trust Co
—
—
W Collins
—
Deed Of Trust
related
$50,000 · Branch Banking & Trust Co
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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