Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    488 Miners Rd Lincolnton, NC 28092

    Sponsored
    For Sale
    $269,000

    MULTI_FAMILY - Lincolnton, NC

    Lot size:
    0.45 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 24 at 12:06 am

    Property Features for 488 Miners Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2
    Bedrooms
    3
    APN
    16829
    Parking features
    Driveway, Garage - Attached
    Pets allowed
    Yes
    Appliances
    Dishwasher
    Lot size
    0.45 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Radiant
    Cooling system
    Window Unit(s), Ceiling Fan(s)

    Building Details

    Year built
    1972
    Floors in Building
    1
    Building materials
    Brick Full
    Roof type
    Shingle

    We can help!

    Listing Contact
    Rachid Kaddouri

    Don Anthony Realty, LLC (888) 388-4377

    Listing agent Rachid Kaddouri (704) 701-1820

    Listing date Jan 23, 2026

    MLS# 4336075

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Residential Property in Quiet Neighborhood

    This residential property, featuring a full brick home, is situated on a 0.45-acre lot within a quiet neighborhood in Lincolnton, North Carolina. The property offers immediate livability and opportunities for personalization. It is being sold AS IS and is not subject to HOA restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Realty agency Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon Auto Parts Store Storage Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.234408
    Latitude
    35.449128

    Nearby Similar for Sale

    • $709,900
      9.85 Acres

      Lincolnton Multifamily Investment Opportunity

      Portfolio of 12 units on 9.85 acres near downtown Lincolnton.
      1218 W Highview Ln, Lincolnton, NC 28092
      View Details
    • $319,900
      2.22 Acres

      Renovated Building on Large Lot

      Renovated building on 2.22-acre lot with parking and storage.
      1034 Long Shoals Rd, Lincolnton, NC 28092
      View Details
    • $498,000
      6,000 SF

      Downtown Lincolnton Commercial Opportunity

      Spacious lot with endless opportunities in the heart of downtown.
      313 Government St, Lincolnton, NC 28092
      View Details
    • $2,500,000
      3.81 Acres

      Versatile Commercial Property in Lincolnton

      Spacious commercial property suitable for retail, warehouse, or industrial operations.
      969 Reepsville Rd, Lincolnton, NC 28092
      View Details
    • New
      $88,000
      918 SF

      Historic Barber Shop in Lincolnton

      Vintage 918 sq ft building with historic landmark status.
      210 S Academy St, Lincolnton, NC 28092
      View Details
    • $339,500
      0.10 Acres

      Downtown Lincolnton Commercial Property

      Spacious commercial property in downtown Lincolnton with development potential.
      125 W Water St, Lincolnton, NC 28092
      View Details
    • $2,700,000
      3.09 Acres

      Well-Maintained Industrial Building

      61,500+/- SF building ideal for manufacturing, distribution, or storage.
      113 Industrial Park Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      0.44 Acres

      Land in Lincolnton, North Carolina

      Land available in Lincolnton, North Carolina.
      Meandering Ln, Lincolnton, NC 28092
      View Details
    • $749,900

      Turnkey Mixed-Use Building in Lincolnton

      Fully leased, remodeled mixed-use building with business and residential units.
      205 S Academy St, Lincolnton, NC 28092
      View Details
    • $197,000

      Lincolnton Mobile Home Park Investment

      Cash-flowing mobile home park near downtown Lincolnton with income potential.
      00 Turner St, Lincolnton, NC 28092
      View Details
    • $295,000

      Downtown Lincolnton Retail Opportunity

      Blank slate retail space in downtown Lincolnton, approximately 4700 SF.
      127 W Water St, Lincolnton, NC 28092
      View Details
    • $2,500,000
      23.98 Acres

      Lincolnton Commercial Land - 24 Acres

      Prime Lincolnton location, ready for development.
      00 Roper Dr, Lincolnton, NC 28092
      View Details

    FAQs

    What type of property is this?
    Single family property - Full brick home on 0.45 acres in Lincolnton, North Carolina.
    Where is this single family property located?
    The property is located at 488 Miners Rd Lincolnton, NC.
    What is the asking price?
    The asking price for this property is $269,000.
    What are key features of this property?
    This property features: - Full brick home on 1/2 acre lot; - Located in a quiet neighborhood; - No HOA
    (704) 701-1820
    Request Owner's contact information
    488 Miners Rd Lincolnton, NC 28092
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    488 Miners Rd
    Lincolnton, NC 28092
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    488 Miners Rd Lincolnton, NC 28092
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Rachid Kaddouri
    (704) 701-1820
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.