Financial
Distress signals
Property profile

1022 Mccormick Hwy Lincolnton, GA 30817

FOR SALE
Industrial properties
Property ID
US22-3103898
199,320 SF 14.86 ac lot Built 1974
Last sale Jun 2021 · $1,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 190,000-square-foot industrial property in Lincolnton, Georgia, presents a significant opportunity. Situated on 14.86 acres, this single-tenant building boasts a Class B rating and offers a blend of modern updates and established infrastructure. Constructed in 1974 with renovations completed in 2011, the warehouse features twelve dock-high doors and one drive-in door, ensuring efficient loading and unloading. The layout includes three large warehouse areas, complemented by

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$14k
Tax billed · 2023
Assessed value$543k
Assessed land$71k
Assessed improvement$471k
Effective rate2.63%

Value estimate

· Sep 2026
$1.45M
$1.31M – $1.60M
AI approach$1.55M
NOI build-up
Gross scheduled income$1.96M
Vacancy & credit loss−$169k
Operating expenses−$538k
NOI · 23.21% cap applied$1.25M

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
23.21%
$1.25M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
INDUSTRIAL
JurisdictionLINCOLN

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant6.6
Spa & Massage6.7
Hair Salon7.6

Location

1022 Mccormick Hwy Lincolnton, GA 30817
County assessor Recorded deeds · 5 transfers Comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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