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Property profile & analytics
OFF-MARKET
Estimated value
$6,670,000
Industrial properties
9035 Market St Colfax, NC 27235-9620
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-0530847
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1968
Total area
182,600 SF
Lot
88.48 ac (3,854,189 SF)
Zoning code
HI
APN
100291
UPID
US53-0530847
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
-
W&W | AFCO Steel Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.17M
Blend (final)
Blend
$6.67M
Owner & transaction history
W&w Afco Steel LLC · 1 yrs held
W&w Afco Steel LLC
since 2024
5 recorded transactions
Zoning & alternative use
HI · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$6.67M
Range $6.00M – $7.34M · ±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
$37 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$60,582
Tax year 2023
Assessed value
$4,318,000
Assessed 2023
Previous assessed
$4,318,000
+0.0% YoY
Effective rate
1.40%
On assessed value
Assessed land
$1,842,600
Assessed improvement
$2,475,400
Land market value
$1,842,600
Improvement market value
$2,475,400
Total market value
$4,318,000
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
1968
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Bathrooms
10
Total area
182,600 SF
Lot
88.48 ac (3,854,189 SF)
Zoning code
HI
APN
100291
UPID
US53-0530847
Jurisdiction
GUILFORD
Zoning & alternative use
HI · Colfax, NCZoning HI · permitted uses
HI · Colfax, 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
1968
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Bathrooms
10
Lot
88.48 ac
Current owner
From public records · entity-resolved
W&w Afco Steel LLC
Entity
Free & Clear · 1 yrs held
Mailing address
PO BOX 3768, SAN ANGELO, TX 76902-3768
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 30, 2024
—
W&w Afco Steel LLC
Hirschfeld Industries Bridge LLC
Quitclaim Deed
related
—
Jul 2, 2019
—
W & W-afco Steel LLC
—
Loan Modification
related
$181,000,000 · Midfirst Bk
Dec 14, 2018
—
W & W-afco Steel LLC
—
Loan Modification
related
$151,000,000 · Midfirst Bk
Sep 21, 2018
—
W & W-afco Steel LLC
—
Grant Deed
related
$126,000,000 · Midfirst Bk
Feb 23, 2005
—
Carolina Steel Corp
—
Grant Deed
related
$40,000,000 · Lasalle Busn Cr
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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