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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Manufacturing properties
Turnersburg Hwy, Olin, NC 28660
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-2452532
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
26,950 SF
Lot
45.16 ac (1,967,039 SF)
Zoning code
M2
APN
4769-31-8272.000
UPID
US53-2452532
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
$620k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$535k
Owner & transaction history
Ba Property Group LLC · 6 yrs held
Ba Property Group LLC
since 2020
Last sale
$400,000
5 recorded transactions
Zoning & alternative use
M2 · Olin, 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 Olin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Olin 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
$505,000
ML approach
$620,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±10% · vs last sale $400k (Jan 17 2020)
Last sale anchor
$400k
Jan 17 2020
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
$20 / 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
$2,683
Tax year 2023
Assessed value
$454,750
Assessed 2023
Previous assessed
$489,890
-7.2% YoY
Effective rate
0.59%
On assessed value
Assessed land
$176,110
Assessed improvement
$278,640
Land market value
$176,110
Improvement market value
$278,640
Total market value
$454,750
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Bathrooms
1
Total area
26,950 SF
Lot
45.16 ac (1,967,039 SF)
Zoning code
M2
APN
4769-31-8272.000
UPID
US53-2452532
Jurisdiction
IREDELL
Zoning & alternative use
M2 · Olin, NC
Zoning M2 · permitted uses
M2 · Olin, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Olin. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1952
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
1
Lot
45.16 ac
Current owner
From public records · entity-resolved
Ba Property Group LLC
Entity
Mailing address
120 SOUTHPARK DR STE #402, MOORESVILLE, NC 28117-8923
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 17, 2020
$400,000
Ba Property Group LLC
Stewart Holdings Nc LLC
Grant Deed
$300,000 · Stewart Holdings Nc LLC
Dec 29, 2017
—
Stewart Holdings Nc LLC
—
Deed
related
$200,000 · Peoples Bk
Jun 13, 2014
$84,000
C Wilson
Stewart Holdings Nc LLC
Warranty Deed
—
Nov 21, 2011
$375,000
Stewart Holdings Nc LLC
Hampton Capital Partners LLC
Warranty Deed
—
—
—
Stewart Holdings Nc LLC
—
Deed Of Trust
related
$200,000 · Peoples Bk
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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