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Property profile & analytics
OFF-MARKET
Estimated value
$9,335,000
Manufacturing properties
8800 Durant Rd Raleigh, NC 27616-3104
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1577452
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
BRICK
Total area
115,216 SF
Lot
20.57 ac (896,029 SF)
Zoning code
IH
APN
1728.20-91-9116 0314110
UPID
US53-1577452
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
-
Guerbet Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.35M
Comparable Approach
Comparable
$6.01M
Blend (final)
Blend
$9.34M
Owner & transaction history
Mallinckrodt LLC · 10 yrs held
Mallinckrodt LLC
since 2015
4 recorded transactions
Zoning & alternative use
IH · Raleigh, 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 Raleigh submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Raleigh 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%
$12,290,000
6.5%
$11,345,000
7%
$10,535,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$13,280,000
Current use
Blend value · Realmo final
$9.34M
Range $8.40M – $10.27M · ±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
$81 / 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
$131,522
Tax year 2024
Assessed value
$15,143,559
Assessed 2024
Previous assessed
$15,143,559
+0.0% YoY
Effective rate
0.87%
On assessed value
Assessed land
$5,622,638
Assessed improvement
$9,520,921
Land market value
$5,622,638
Improvement market value
$9,520,921
Total market value
$15,143,559
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
1974
Construction
BRICK
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Total area
115,216 SF
Lot
20.57 ac (896,029 SF)
Zoning code
IH
APN
1728.20-91-9116 0314110
UPID
US53-1577452
Jurisdiction
WAKE
Zoning & alternative use
IH · Raleigh, NC
Zoning IH · permitted uses
IH · Raleigh, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Raleigh. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$13.3M
INDUSTRIAL (GENERAL) Current
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
1974
Construction
BRICK
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Lot
20.57 ac
Current owner
From public records · entity-resolved
Mallinckrodt LLC
Entity
Free & Clear · 10 yrs held
Mailing address
1034 S BRENTWOOD BLVD STE #946, SAINT LOUIS, MO 63117-1209
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 30, 2020
—
Jane R R Bell
—
Deed
related
$38,000 · State Emps Cu
Oct 6, 2015
—
Mallinckrodt LLC
Liebel-flarsheim Co LLC
Grant Deed
related
—
Sep 24, 2014
—
Liebel-flarsheim Co LLC
Mallinckrodt LLC
Grant Deed
related
—
—
—
Jane R R Bell
—
Deed Of Trust
related
$38,000 · State Emps Cu
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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