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Property profile & analytics
OFF-MARKET
Estimated value
$900,000
Industrial properties
Machine Shop Rd, Marion, NC 28752
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3312416
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1988
Construction
STEEL FRAME
Total area
15,200 SF
Lot
8.1 ac (353,010 SF)
APN
1701-06-39-8176
UPID
US53-3312416
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
$865k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$900k
Owner & transaction history
Mellott Nc Real Estate Holdings LLC · 4 yrs held
Mellott Nc Real Estate Holdings LLC
since 2021
Last sale
$901,500
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.3M
+336.7%
Restaurant
$1.2M
+297.1%
Medical building
$1.0M
+242.5%
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 Marion submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marion 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
$920,000
ML approach
$865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$1,335,000
Change: +337% · Conversion: Difficult
RESTAURANT
$1,215,000
Change: +297% · Conversion: Difficult
MEDICAL BUILDING
$1,045,000
Change: +242% · Conversion: Difficult
WAREHOUSE, STORAGE
$985,000
Change: +222% · Conversion: Easy
RETAIL STORES
$790,000
Change: +158% · Conversion: Moderate
Blend value · Realmo final
$900k
Range $810k – $990k · ±10% · vs last sale $902k (Sep 20 2021)
Last sale anchor
$902k
Sep 20 2021
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
$59 / 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
$5,446
Tax year 2024
Assessed value
$910,640
Assessed 2024
Previous assessed
$910,640
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$675,330
Assessed improvement
$235,310
Land market value
$675,330
Improvement market value
$235,310
Total market value
$910,640
Applied tax rate
6.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
RADIANT
Cooling
NONE
Buildings
3
Stories
1
Bathrooms
9
Total area
15,200 SF
Lot
8.1 ac (353,010 SF)
APN
1701-06-39-8176
UPID
US53-3312416
Jurisdiction
MCDOWELL
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.3M
RESTAURANT
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$985,000
RETAIL STORES
Est. value
$790,000
APARTMENT HOUSE (5+ UNITS)
RESTAURANT
MEDICAL BUILDING
WAREHOUSE, STORAGE
RETAIL STORES
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
1988
Construction
STEEL FRAME
Heating
RADIANT
Cooling
Yes
Stories
1
Buildings
3
Bathrooms
9
Lot
8.1 ac
Current owner
From public records · entity-resolved
Mellott Nc Real Estate Holdings LLC
Entity
Mailing address
100 MELLOTT DR, WARFORDSBURG, PA 17267-8555
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Sep 20, 2021
$901,500
Mellott Nc Real Estate Holdings LLC
Obp Marion Machine LLC
Special Warranty Deed
—
Jan 4, 2018
$802,000
Obp Marion Machine LLC A Maryl
Superior Machine Co Of Sc INC
Warranty Deed
—
Jan 25, 2006
—
Superior Machine Co Of Sc INC
—
Deed Of Trust
related
$1,596,097 · Capitalsource Finance LLC
—
—
Superior Machine Co Of Sc INC
—
Deed Of Trust
related
$2,600,000 · Cse Mortgage LLC
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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