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    Property profile & analytics

    10308 Bailey Rd, Unit 431 Cornelius, NC 28031-9425

    • Industrial properties
    • 1,950 SF
    • 8.65 lot acres
    OFF-MARKET
    Value Estimation
    $1,475,000
    Last Sale
    May 27, 2021
    $1,360,000
    Location Intelligence
    Property ID
    US53-4886010
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Vallie Studios / Hair Salon
    • Choice Cornelius Carpet Cleaning / Carpet Cleaning Service
    • The Happy Heart Flower Co. / Florist / Service Establishment
    • SpeedPro North Charlotte / Sign Shop / Business To Business Service
    • Waterbean Coffee Roastery / Distribution Service

    Property Details for 10308 Bailey Rd

    Year built
    2017
    Lot size
    8.65 lot acres
    Property size
    1,950 SF
    Property type
    Industrial properties
    APN
    535931
    APU
    535931

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $1,505,000

    • CAP approach

      CAP return
      Estimation
      6%
      $1,340,000
      6.5%
      $1,400,000
      7%
      $1,310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $1,450,000
      Geo Method
      $1,240,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $1,410,000
      Retail
      $1,615,000
      Mixed-Use
      $1,600,000
      Hospitality
      $1,220,000
      Educational
      $1,575,000
      Residential Income
      $1,375,000
      Energy
      $1,625,000
      Income-Based Land
      $1,360,000
      Food Service
      $1,295,000

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8587
    Latitude
    35.4551
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,000
    $0.00
    $309,500
    $309,500
    -
    $0.00
    $309,500
    $309,500

    Comparable in this City

    • Value Estimation by Request
      92,049 SF

      20464-20488 Chartwell Center Dr

      Life science properties • 92,049 SF
      20464-20488 Chartwell Center Dr, Cornelius, NC 28031
      View Details
    • Value Estimation by Request
      521 SF

      10508 Bailey Rd, Unit 102

      CONDOMINIUMS (INDUSTRIAL) • 521 SF
      10508 Bailey Rd, Cornelius, NC 28031-9433
      View Details
    • Value Estimation by Request
      19,946 SF

      10231 Bailey Rd

      INDUSTRIAL (GENERAL) • 19,946 SF
      10231 Bailey Rd, Cornelius, NC 28031-9091
      View Details
    • Value Estimation by Request
      720 SF

      18605 Northline Dr, Unit B16

      CONDOMINIUMS (INDUSTRIAL) • 720 SF
      18605 Northline Dr, Cornelius, NC 28031-9365
      View Details
    • Value Estimation by Request
      1,000 SF

      18605 Northline Dr, Unit I7

      CONDOMINIUMS (INDUSTRIAL) • 1,000 SF
      18605 Northline Dr, Cornelius, NC 28031-9365
      View Details
    • Value Estimation by Request
      800 SF

      18605 Northline Dr, Unit H12

      CONDOMINIUMS (INDUSTRIAL) • 800 SF
      18605 Northline Dr, Cornelius, NC 28031-9365
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1.17 Acres

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      1.17 Acres, High-Traffic Location, VC Zoning
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    • Contact for pricing
      10,163 SF

      Cornelius Flex Space For Sale

      Flex space property with surplus land for development.
      11034 Bailey Rd, Cornelius, NC 28031
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    • $450,000
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      Cornelius Land Ready For Development

      Prime land in Cornelius, NC, near future light rail.
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      Cornelius Land with Highway Frontage

      86-acre parcel suitable for senior living, church, or offices.
      19100 Old Statesville Rd, Cornelius, NC 28031
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      Land Parcels in Cornelius, NC

      Two parcels of land available in Cornelius, North Carolina.
      Caldwell Depot Rd, Cornelius, NC 28031
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    • $550,000
      1.03 Acres

      Office Space on Catawba Avenue

      Office space with signage opportunity on high-traffic Catawba Avenue.
      19824 W Catawba Ave, Cornelius, NC 28031
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    Similar Nearby for Lease

    • $14 SF/Yr
      92,049 SF

      Lake Norman Commerce Center: Flex Space Available

      North Charlotte industrial space, 948-3712 sq ft.
      20464-20488 Chartwell Center Dr, Cornelius, NC 28031
      View Details
    • $14 SF/Yr
      5,549 SF

      Flex Space with Extensive Office

      5,549 SF flex space featuring extensive office buildout.
      20484 Chartwell Center Dr, Cornelius, NC 28031
      View Details
    • Contact for pricing
      5,311 SF

      Cornelius Retail Space Available

      Prime Retail Space, Multiple Units Available
      19930 Catawba Ave, Cornelius, NC 28031
      View Details
    • Contact for pricing

      Community Center in Cornelius Submarket

      137,247 SF community center in desirable Cornelius submarket.
      20601 Torrence Chapel Rd, Cornelius, NC 28031
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    • Contact for pricing
      11,000 SF

      Historic Mill Space in Cornelius

      Unique retail and office spaces in Old Town Cornelius.
      19725 Oak St, Cornelius, NC 28031
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    • $20 SF/Yr
      1,165 SF

      Spacious Office Space Available

      Large office space with kitchenette, reception, and storage.
      18047 W Catawba Ave, Cornelius, NC 28031
      View Details
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    10308 Bailey Rd, Unit 431
    Cornelius, NC 28031-9425
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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
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