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Property profile & analytics
OFF-MARKET
Estimated value
$2,510,000
Manufacturing properties
645 Pne St, Mount Airy, NC 27030-4439
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-4543188
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1978
Construction
STEEL FRAME
Total area
198,810 SF
Lot
13.2 ac (574,992 SF)
Zoning code
M1
APN
5020-14-43-2146
UPID
US53-4543188
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
-
Hanesbrands Inc. Clothing Store
-
Texwipe Industrial Manufacturer Production Facility
-
Textile Warehouse Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.55M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.30M
Blend (final)
Blend
$2.51M
Owner & transaction history
Illinois Tool Works INC · 5 yrs held
Illinois Tool Works INC
since 2021
Last sale
$2.5M
3 recorded transactions
Zoning & alternative use
M1 · Mount Airy, 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 Mount Airy submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Airy 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
$2,695,000
ML approach
$2,545,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.51M
Range $2.26M – $2.76M · ±10% · vs last sale $2.49M (Jan 25 2021)
Last sale anchor
$2.49M
Jan 25 2021
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
$13 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$15,222
Tax year 2024
Assessed value
$2,313,430
Assessed 2024
Previous assessed
$2,313,430
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$313,500
Assessed improvement
$1,999,930
Land market value
$313,500
Improvement market value
$1,999,930
Total market value
$2,313,430
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1978
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
AC.CHILLED WATER
Stories
2
Total area
198,810 SF
Lot
13.2 ac (574,992 SF)
Zoning code
M1
APN
5020-14-43-2146
UPID
US53-4543188
Jurisdiction
SURRY
Zoning & alternative use
M1 · Mount Airy, NC
Zoning M1 · permitted uses
M1 · Mount Airy, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mount Airy. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Lot
13.2 ac
Current owner
From public records · entity-resolved
Illinois Tool Works INC
Entity
Free & Clear · 5 yrs held
Mailing address
1210 S PARK DR, KERNERSVILLE, NC 27284-3104
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 25, 2021
—
Illinois Tool Works INC
Hanesbrands INC
Warranty Deed
—
Jan 25, 2021
$2,600,000
Illinois Tool Works INC
Hanesbrands INC
Warranty Deed
—
Sep 4, 2007
—
Hanesbrands INC
Surry County Industrial Facilities
Warranty Deed
—
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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