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Property profile & analytics
OFF-MARKET
Estimated value
$3,605,000
Warehouses
96 Hillsboro Rd, Four Oaks, NC 27524-8028
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-2520165
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1993
Total area
29,520 SF
Lot
4.11 ac (179,032 SF)
Zoning code
COM
APN
08J11024E
UPID
US53-2520165
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
-
MayCraft Boats (Bike/Boat/Book/etc) Store Production Facility
-
May-Craft Fiberglass Products (Bike/Boat/Book/etc) Store Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.61M
CAP Approach
CAP
$3.73M
Comparable Approach
Comparable
$2.18M
Blend (final)
Blend
$3.61M
Owner & transaction history
Citadel Automotive Group INC · 3 yrs held
Citadel Automotive Group INC
since 2023
Last sale
$3.5M
5 recorded transactions
Zoning & alternative use
COM · Four Oaks, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.9M
+88.5%
Retail stores
$4.7M
+80.4%
Auto repair, garage
$4.5M
+71.5%
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 Four Oaks submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Four Oaks 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
$3,675,000
ML approach
$3,610,000
CAP Approach
CAP Return
Estimation
6%
$4,040,000
6.5%
$3,730,000
7%
$3,465,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,615,000
Current use
OFFICE BUILDING
$4,930,000
Change: +88% · Conversion: Difficult
RETAIL STORES
$4,720,000
Change: +80% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,490,000
Change: +72% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,330,000
Change: +65% · Conversion: Moderate
MEDICAL BUILDING
$4,290,000
Change: +64% · Conversion: Difficult
COMMERCIAL (GENERAL)
$3,145,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$3.61M
Range $3.24M – $3.97M · ±10% · vs last sale $3.50M (Jan 6 2023)
Last sale anchor
$3.50M
Jan 6 2023
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
$122 / 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
$8,166
Tax year 2024
Assessed value
$1,008,190
Assessed 2024
Previous assessed
$1,008,190
+0.0% YoY
Effective rate
0.81%
On assessed value
Assessed land
$96,660
Assessed improvement
$911,530
Land market value
$96,660
Improvement market value
$911,530
Total market value
$1,008,190
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Heating
FORCED AIR
Cooling
NONE
Buildings
2
Stories
1
Bathrooms
8
Total area
29,520 SF
Lot
4.11 ac (179,032 SF)
Zoning code
COM
APN
08J11024E
UPID
US53-2520165
Jurisdiction
JOHNSTON
Zoning & alternative use
COM · Four Oaks, NC
Zoning COM · permitted uses
COM · Four Oaks, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Four Oaks. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.6M
OFFICE BUILDING
Est. value
$4.9M
RETAIL STORES
Est. value
$4.7M
AUTO REPAIR, GARAGE
Est. value
$4.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
MEDICAL BUILDING
Est. value
$4.3M
COMMERCIAL (GENERAL)
Est. value
$3.1M
WAREHOUSE, STORAGE Current
OFFICE BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1993
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
8
Lot
4.11 ac
Current owner
From public records · entity-resolved
Citadel Automotive Group INC
Entity
Free & Clear · 3 yrs held
Mailing address
2734 S WILMINGTON ST, RALEIGH, NC 27603-2552
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jan 6, 2023
$3,500,000
Citadel Automotive Group INC
Defiance Properties LLC
Warranty Deed
—
Sep 13, 2021
$1,646,000
Defiance Properties LLC
May Craft Fiberglass Products INC
Warranty Deed
$2,030,000 · Fund Ex Solutions Group LLC
—
—
May Craft Fiberglass Products
—
Deed Of Trust
related
$985,000 · Branch Banking & Trust Co
—
—
May Craft Fiberglass Products
—
Deed Of Trust
related
$1,125,000 · Branch Banking & Trust Co
—
—
May-craft Fiberglass Products
—
Deed Of Trust
related
$250,000 · Branch Banking & Trust Co
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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