Financial
Distress signals
Property profile

10231 Bailey Rd Cornelius, NC 28031

OFF-MARKET
Industrial properties
Property ID
US53-1847067
19,946 SF 2.34 ac lot Built 2018
Last sale Apr 2023 · $7,775
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. 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?
$19k
Tax billed · 2023
Assessed value · 2024$2.97M
Assessed land$561k
Assessed improvement$2.41M
Effective rate0.65%

Value estimate

· Sep 2026
$3.39M
$3.05M – $3.72M
Submarket $/SF estimate$4.47M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$310/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$139 – $632
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
IC
Industrial Campus districts are coded to permit the development of light industries. Such developments are typically too large in scale t...
General categoryINDUSTRIAL
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.9
Convenience Store11.8
Hotel & Motel11.6

Location

10231 Bailey Rd Cornelius, NC 28031-9091
County assessor Recorded deeds · 4 transfers 3 qualifying comp sales 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 recorded sales · 10 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
11034 Bailey, Cornelius, NC 28031-9106 $2,449,000 Jan 2026 10,163 SF
11220 Treynorth, Cornelius, NC 28031-8194 $3,400,000 Nov 2022 20,900 SF
18619 Starcreek, Cornelius, NC 28031-9328 $1,475,000 Feb 2022 12,105 SF
21660 Crown Lk, Cornelius, NC 28031-6831 $3,430,000 Nov 2021 24,960 SF
18919 Catawba, Cornelius, NC 28031-5606 $3,000,000 Nov 2020 12,430 SF
Cornelius, NC 28031 $1,550,000 Jun 2019 12,550 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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