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Property profile & analytics
OFF-MARKET
Estimated value
$79,725,000
Manufacturing properties
1000 Powell Dr Lincolnton, NC 28092-6137
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-3391327
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2008
Total area
362,664 SF
Lot
48.66 ac (2,119,586 SF)
Zoning code
I-G
APN
88701
UPID
US53-3391327
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
Current use
Occupant on record · Public records
-
Crate&Barrel Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$79.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$79.73M
Owner & transaction history
Ipxii Cardinal Lincolnton Owner LP · 2 yrs held
Ipxii Cardinal Lincolnton Owner LP
since 2024
Last sale
$79.7M
3 recorded transactions
Zoning & alternative use
I-G · Lincolnton, 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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
$79,725,000
ML approach
$79,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$79.73M
Range $71.75M – $87.70M · ±10% · vs last sale $79.73M (Mar 8 2024)
Last sale anchor
$79.73M
Mar 8 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
$220 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$182,835
Tax year 2024
Assessed value
$30,250,755
Assessed 2024
Previous assessed
$30,250,755
+0.0% YoY
Effective rate
0.60%
On assessed value
Assessed land
$1,882,087
Assessed improvement
$28,368,668
Land market value
$1,882,087
Improvement market value
$28,368,668
Total market value
$30,250,755
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
2008
Heating
YES
Cooling
YES
Stories
1
Total area
362,664 SF
Lot
48.66 ac (2,119,586 SF)
Zoning code
I-G
APN
88701
UPID
US53-3391327
Jurisdiction
LINCOLN
Zoning & alternative use
I-G · Lincolnton, NC
Zoning I-G · permitted uses
I-G · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincolnton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Heating
YES
Cooling
Yes
Stories
1
Lot
48.66 ac
Current owner
From public records · entity-resolved
Ipxii Cardinal Lincolnton Owner LP
Entity
Mailing address
3843 W CHESTER PIKE, NEWTOWN SQUARE, PA 19073-2304
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 8, 2024
$79,725,000
Ipxii Cardinal Lincolnton Owner LP
Charlotte Ind Ll LLC
Special Warranty Deed
$750,000,000 · Peoples Bank & Trust Co Of Pickett
Sep 16, 2019
$26,060,000
Charlotte Ind Ll LLC
1000 East Powell Drive LLC
Grant Deed
—
Sep 9, 2008
$1,225,500
Tkc Cxxviii LLC
Powell,edith M
Deed Of Trust
related
$14,840,000 · Rbc Bank (usa)
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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