2-Unit Duplex with
3266-3270 Loop Rd, Lincolnton, NC 28092
For Sale
$519,900
Each residence offers three bedrooms, two-and-a-half baths, and a private one-car garage.
Property Size3,089 SF
Price / SF$168.31
Days on Market10
Property Features for 3266-3270 Loop Rd
General Information
Standard status
Size
Property subtype
Building Details
Year Built
Listing Agency:
EXP Realty LLC Mooresville
Listed By:
Nancy Buckstad · License #194805
(704) 957-3990
Source:
Judy.lakenormanhomeguide
Added: Oct 30
Changed: Nov 7
Last Checked: Nov 6 at 9:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC Mooresville
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Investment Insights
Based on property information with market context.
At 3266-3270 Loop Road in Lincolnton, this 2023-built duplex contains two residences with a combined 3,089 square feet. Each unit has three bedrooms, two-and-a-half baths, and a one-car garage. The interiors pair an open layout with luxury vinyl plank on the main level and carpet upstairs; kitchens include granite counters and stainless steel appliances, including refrigerators.
The property sits on a large lot with parking and outdoor space. A 10-year structural warranty and a new-construction home warranty for years 2–4 are included through America’s Preferred Structural Warranty.
The property sits on a large lot with parking and outdoor space. A 10-year structural warranty and a new-construction home warranty for years 2–4 are included through America’s Preferred Structural Warranty.
Key Highlights
- Two units, each with 3 bedrooms, 2.5 baths, and a one‑car garage
- 3,089 square feet total
- Built in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35,815
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,300
$716.3K
Cap Rate 7%
$511,643
$511.6K
Cap Rate 9%
$397,944
$397.9K
Market Conditions
NOI Build-Up for 3,089 SF
Gross rent
$55.6K $18.00/SF
− Vacancy
−$4.4K −$1.44/SF
EGI
$51.2K $16.56/SF
− OpEx
−$15.3K −$4.97/SF
NOI
$35.8K $11.59/SF
Area
Lincoln County, NC
Vacancy
7.98%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$716,300
Cap Rate 7%
$511,643
Cap Rate 9%
$397,944
Alternative Uses
Best Use
Multifamily LT 5
$511.6K
$447.7K – $596.9K
NOI $35,815 @ 7.0% cap · market cap 6.89%
Second Best
Apartment 5plus
$466.9K
$408.5K – $544.7K
NOI $32,681 @ 7.0% cap · market cap 6.29%
Theoretical Best
Office A
$972.2K
$850.7K – $1.13M
NOI $68,057 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
33
Businesses Nearby
Explore this area
Business Placement
Demographics for 28092, NC
38,719
Population
17,332
Households
2.2
Avg Household Size
43
Median Age
20%
College-Educated
87%
High-School Grad
119.9 sq mi
ZIP Area
323
Density / Sq Mi
$62,625
Median Household Income
$41,155
Median Earnings
$937
Median Rent
$220,700
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence offers three bedrooms, two-and-a-half baths, and a private one-car garage.
Where is this duplex located?
The property is located at 3266-3270 Loop Rd Lincolnton, NC.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: Two units, each with 3 bedrooms, 2.5 baths, and a one‑car garage; 3,089 square feet total; Built in 2023
