Property profile

Machine Shop Rd Marion, NC 28752

OFF-MARKET
Industrial properties
Property ID
US53-3312416
15,200 SF 8.1 ac lot Built 1988
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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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

Location

Machine Shop Rd Marion, NC 28752
Marion metro Census 970300 MARION, NC MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$865k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k

Owner & transaction history

since 2021
Last sale
$901,500
4 recorded transactions
2021
$901,500
2018
$802,000
2006
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Apartment house (5+ units) $1.3M +336.7%
Restaurant $1.2M +297.1%
Medical building $1.0M +242.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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