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Property profile & analytics
OFF-MARKET
Industrial properties
8814 Market St, Colfax, NC 27235-9419
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-1246329
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1990
Construction
FRAME
Total area
28,526 SF
Lot
10.54 ac (459,122 SF)
Zoning code
CU-LI
APN
97789
UPID
US53-1246329
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
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
Rlf IV East 2 LLC · 1 yrs held
Rlf IV East 2 LLC
since 2024
Last sale
$7.5M
3 recorded transactions
Zoning & alternative use
CU-LI · Colfax, 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 Colfax submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Colfax 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 2023Property tax & assessments
Tax year 2023
Tax billed
$35,758
Tax year 2023
Assessed value
$2,548,700
Assessed 2023
Previous assessed
$2,548,700
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,043,500
Assessed improvement
$1,505,200
Land market value
$1,043,500
Improvement market value
$1,505,200
Total market value
$2,548,700
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1990
Construction
FRAME
Heating
NONE
Cooling
NONE
Stories
1
Bathrooms
4
Total area
28,526 SF
Lot
10.54 ac (459,122 SF)
Zoning code
CU-LI
APN
97789
UPID
US53-1246329
Jurisdiction
GUILFORD
Zoning & alternative use
CU-LI · Colfax, NC
Zoning CU-LI · permitted uses
CU-LI · Colfax, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Colfax. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1990
Construction
FRAME
Heating
NONE
Cooling
Yes
Stories
1
Bathrooms
4
Lot
10.54 ac
Current owner
From public records · entity-resolved
Rlf IV East 2 LLC
Entity
Free & Clear · 1 yrs held
Mailing address
568 JETTON ST STE #200, DAVIDSON, NC 28036-9322
Ownership since
2024
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
Dec 16, 2024
$7,475,000
Rlf IV East 2 LLC
Rock Hill Land & Development LLC
Special Warranty Deed
—
Oct 26, 2021
$3,500,000
Crosspoint Froperty Group Greensbor
Averitt Properties INC
Warranty Deed
$2,765,000 · Farmers & Merchants Bank
Oct 26, 2021
—
Crosspoint Prop Group Greensboro I
Averitt Properties INC
Quit Claim Deed
related
—
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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