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Property profile & analytics
OFF-MARKET
Estimated value
$21,850,000
Manufacturing properties
1125 Sugg Pw, NC
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2044483
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1995
Total area
536,862 SF
Lot
37.38 ac (1,628,273 SF)
Zoning code
PIU
APN
53862
UPID
US53-2044483
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
$21.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.85M
Owner & transaction history
Boviet USA Property LLC · 2 yrs held
Boviet USA Property LLC
since 2024
Last sale
$21.9M
1 recorded transaction
Zoning & alternative use
PIU · Sugg Pw, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$32.3M
+197.3%
Neighborhood: shopping center
$27.3M
+151.3%
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 Sugg Pw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Sugg Pw 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
$21,850,000
ML approach
$21,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$32,255,000
Change: +197% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$27,260,000
Change: +151% · Conversion: Difficult
Blend value · Realmo final
$21.85M
Range $19.67M – $24.04M · ±10% · vs last sale $21.85M (Apr 29 2024)
Last sale anchor
$21.85M
Apr 29 2024
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
$41 / 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
$115,135
Tax year 2023
Assessed value
$14,837,041
Assessed 2023
Previous assessed
$14,837,041
+0.0% YoY
Effective rate
0.78%
On assessed value
Assessed land
$953,190
Assessed improvement
$13,883,851
Land market value
$953,190
Improvement market value
$13,883,851
Total market value
$14,837,041
Applied tax rate
55.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1995
Heating
NONE
Cooling
NONE
Buildings
4
Stories
1
Rooms
3
Bathrooms
10
Total area
536,862 SF
Lot
37.38 ac (1,628,273 SF)
Zoning code
PIU
APN
53862
UPID
US53-2044483
Jurisdiction
PITT
Zoning & alternative use
PIU · Sugg Pw, NC
Zoning PIU · permitted uses
PIU · Sugg Pw, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Sugg Pw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$32.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$27.3M
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1995
Heating
NONE
Cooling
Yes
Stories
1
Buildings
4
Rooms
3
Bathrooms
10
Lot
37.38 ac
Current owner
From public records · entity-resolved
Boviet USA Property LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1735 N 1ST ST STE #300, SAN JOSE, CA 95112-4511
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2024
$21,850,000
Boviet USA Property LLC
Densc Manufacturinc North Carolina
Special Warranty Deed
—
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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