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Property profile & analytics
OFF-MARKET
Estimated value
$1,945,000
Industrial properties
90 Hwy E Hwy Hiddenite, NC 28636
Entity Owned
13-yr Hold
Free & Clear
Property ID
US53-5016797
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
203,945 SF
Lot
23.7 ac (1,032,372 SF)
Zoning code
L-I
APN
12840
UPID
US53-5016797
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
$1.95M
Owner & transaction history
Craftmaster Furniture INC · 13 yrs held
Craftmaster Furniture INC
since 2013
4 recorded transactions
Zoning & alternative use
L-I · Hiddenite, 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 Hiddenite submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hiddenite 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
$10 / 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
$14,056
Tax year 2024
Assessed value
$1,941,370
Assessed 2024
Previous assessed
$1,941,370
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$324,637
Assessed improvement
$1,616,733
Land market value
$324,637
Improvement market value
$1,616,733
Total market value
$1,941,370
Applied tax rate
123.0000
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
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
203,945 SF
Lot
23.7 ac (1,032,372 SF)
Zoning code
L-I
APN
12840
UPID
US53-5016797
Jurisdiction
ALEXANDER
Zoning & alternative use
L-I · Hiddenite, NCZoning L-I · permitted uses
L-I · Hiddenite, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1958
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
23.7 ac
Current owner
From public records · entity-resolved
Craftmaster Furniture INC
Entity
Free & Clear · 13 yrs held
Mailing address
PO BOX 759, TAYLORSVILLE, NC 28681-0759
Ownership since
2013
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
May 31, 2013
$760,000
Craftmaster Furniture INC
Vanguard Properties II LLC
Grant Deed
—
May 31, 2013
—
Craftmaster Furniture INC
Vanguard Properties II LLC
Quit Claim Deed
related
—
Sep 11, 2009
$1,075,000
Vanguard Properties II LLC
Broyhill Furniture Industries
Warranty Deed
—
Sep 11, 2009
—
Vanguard Properties II LLC
Broyhill Furniture Industries
Quit Claim Deed
related
$875,000 · Taylorsville Savings Bank Ssb
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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