New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,060,000
Industrial properties
1041 Van Buren Ave Indian Trail, NC 28079-5541
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2991306
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2014
Total area
20,299 SF
Lot
2.37 ac (103,237 SF)
Zoning code
LI INDIAN TRAIL
APN
07-081-336
UPID
US53-2991306
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.05M
CAP Approach
CAP
$2.06M
Comparable Approach
Comparable
$2.03M
Blend (final)
Blend
$2.06M
Owner & transaction history
Walker Property Holdings LLC · 4 yrs held
Walker Property Holdings LLC
since 2022
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
LI INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.3M
+53.6%
Auto repair, garage
$3.2M
+48.9%
Commercial (general)
$3.2M
+47.7%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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
$2,090,000
ML approach
$2,050,000
CAP Approach
CAP Return
Estimation
6%
$2,230,000
6.5%
$2,060,000
7%
$1,910,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,160,000
Current use
OFFICE BUILDING
$3,315,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,215,000
Change: +49% · Conversion: Easy
COMMERCIAL (GENERAL)
$3,190,000
Change: +48% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,080,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$2.06M
Range $1.85M – $2.27M · ±10% · vs last sale $2.70M (Jun 30 2022)
Last sale anchor
$2.70M
Jun 30 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
$101 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$12,043
Tax year 2023
Assessed value
$1,414,400
Assessed 2023
Previous assessed
$1,414,400
+0.0% YoY
Effective rate
0.85%
On assessed value
Assessed land
$208,600
Assessed improvement
$1,205,800
Land market value
$208,600
Improvement market value
$1,205,800
Total market value
$1,414,400
Applied tax rate
623.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
2014
Heating
NONE
Stories
1
Total area
20,299 SF
Lot
2.37 ac (103,237 SF)
Zoning code
LI INDIAN TRAIL
APN
07-081-336
UPID
US53-2991306
Jurisdiction
UNION
Zoning & alternative use
LI INDIAN TRAIL · Indian Trail, NC
Zoning LI INDIAN TRAIL · permitted uses
LI INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.2M
OFFICE BUILDING
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$3.2M
COMMERCIAL (GENERAL)
Est. value
$3.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2014
Heating
NONE
Stories
1
Lot
2.37 ac
Current owner
From public records · entity-resolved
Walker Property Holdings LLC
Entity
Mailing address
1420 SARATOGA WOODS DR, WAXHAW, NC 28173-7896
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2022
—
Walker Property Holdings LLC
—
Deed
related
$135,000 · South State Bank NA
Jun 30, 2022
$2,700,000
Walker Property Holdings LLC
Daprjle Properties II LLC
Special Warranty Deed
$2,160,000 · South State Bank NA
Jun 15, 2020
—
Daprile Properties Il LLC
—
Deed
related
$1,190,149 · Pinnacle Bk
May 9, 2018
—
Daprile Properties II LLC
—
Deed
related
$500,000 · Pinnacle Bk/sioux Cty
Jul 10, 2013
—
Daprile Properties II LLC
—
Trustees Deed
related
$1,195,600 · Park Sterling Bank
Jan 5, 2012
$190,000
Daprile Properties II LLC
Gran International INC
Warranty Deed
—
—
—
Daprile Properties II LLC
—
Deed Of Trust
related
$1,148,782 · Bank Of Nc
—
—
Daprile Properties II LLC
—
Deed Of Trust
related
$500,000 · Pinnacle Bk/sioux Cty
—
—
Daprile Properties Il LLC
—
Deed Of Trust
related
$1,190,149 · Pinnacle Bk
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 1041 Van Buren Ave?
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.
