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    00 Sundale Ln Lincolnton, NC 28092

    Sponsored
    For Sale
    $499,000

    High-Yield Mobile Home Park in Lincolnton, NC

    Property size:
    4,260 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a 2.7-acre mobile home park ideally situated just minutes from downtown Lincolnton, NC. The property, encompassing 4,260 square feet, is zoned for a 10-space mobile home park and currently features five owner-occupied mobile homes and one ground lease. Generating a substantial annual gross income of $43,200, this park boasts a current capitalization rate of 8.2%, offering significant potential for increased profitability. Two spaces are currently utilized for a septic system, leaving eight readily usable spaces. A single well efficiently supplies water to the entire property, with individual shut-off valves for each mobile home. Four mobile homes are equipped with AC and furnace units, while one features AC and a heat pump. The septic system configuration includes one shared system for two mobile homes, with the remaining units each having their own private system. The mobile homes themselves range in age from 1984 to 1999, presenting opportunities for upgrades and further revenue enhancement. This property represents a compelling investment prospect with strong existing cash flow and considerable upside potential. The convenient location near downtown Lincolnton adds to its overall appeal.

    Property Features for 00 Sundale Ln

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,260 SF
    Lot Size
    117,612 SF

    Building Details

    Year Built
    1984
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Hair Salon Building Supply Auto Repair Shop Wholesale Shop Hotel & Motel Auto Parts Store Kitchen & Bath Bar & Pub Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.27604
    Latitude
    35.44248

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    FAQs

    What type of property is this?
    Commercial real estate - High-Yield Mobile Home Park in Lincolnton, NC
    Where is this commercial real estate located?
    The property is located at 00 Sundale Ln Lincolnton, NC.
    What is the asking price?
    The asking price for this property is $499,000.
    (704) 735-0099
    Request Owner's contact information
    00 Sundale Ln Lincolnton, NC 28092
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    Realmo Value Estimation

    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.

    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.

    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
    00 Sundale Ln Lincolnton, NC 28092
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