Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Warehouses
1035 Flint St Lincolnton, NC 28092
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-0898795
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1973
Construction
FRAME
Total area
149,215 SF
Lot
9.23 ac (401,885 SF)
Zoning code
GMC
APN
489
UPID
US53-0898795
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
-
Lincoln Bonded Warehouse Co Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.61M
Blend (final)
Blend
$2.17M
Owner & transaction history
B Cubed Realty LLC · 3 yrs held
B Cubed Realty LLC
since 2022
Last sale
$2.5M
1 recorded transaction
Zoning & alternative use
GMC · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
trict 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highway Commercial District 153.116 P-B Planned Business District 153.117 GMC General Manufacturing and Commercial District 153.117.1 GI General Industrial District 153.118 Reserved 153.119 MHO Manufactured Home Ov…
Zone name
General Manufacturing And Commercial
General category
INDUSTRIAL
Zone area
1,286.26 ac
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
$2,165,000
ML approach
$2,415,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,920,000
Current use
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10% · vs last sale $2.50M (Aug 19 2022)
Last sale anchor
$2.50M
Aug 19 2022
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
$15 / 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
$24,040
Tax year 2024
Assessed value
$2,394,391
Assessed 2024
Previous assessed
$2,394,391
+0.0% YoY
Effective rate
1.00%
On assessed value
Assessed land
$251,597
Assessed improvement
$2,142,794
Land market value
$251,597
Improvement market value
$2,142,794
Total market value
$2,394,391
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
5
Stories
1
Total area
149,215 SF
Lot
9.23 ac (401,885 SF)
Zoning code
GMC
APN
489
UPID
US53-0898795
Jurisdiction
LINCOLN
Zoning & alternative use
GMC · Lincolnton, NCZoning GMC · permitted uses
GMC · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
trict 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highway Commercial District 153.116 P-B Planned Business District 153.117 GMC General Manufacturing and Commercial District 153.117.1 GI General Industrial District 153.118 Reserved 153.119 MHO Manufactured Home Overlay District 153.120 SH Special Highway Overlay District 153.121 WSW Water Supply
Zone name
General Manufacturing And Commercial
General category
INDUSTRIAL
Zone area
1,286.26 ac
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.9M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
5
Lot
9.23 ac
Current owner
From public records · entity-resolved
B Cubed Realty LLC
Entity
Mailing address
1035 N FLINT ST, LINCOLNTON, NC 28092
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2022
$2,500,000
B Cubed Realty LLC
Lincoln Bonded Warehouse Company
Special Warranty Deed
$2,421,952 · Bancorpsouth Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1035 Flint St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
