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Property profile & analytics
OFF-MARKET
Estimated value
$28,930,000
Warehouses
10701 Hambright Rd Huntersville, NC 28078-7659
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2028917
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1901
Total area
224,890 SF
Lot
22.51 ac (980,666 SF)
Zoning code
CB
APN
1740104
UPID
US53-2028917
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
by Request
CAP Approach
CAP
$23.56M
Comparable Approach
Comparable
$34.97M
Blend (final)
Blend
$28.93M
Owner & transaction history
Cp Ipers Huntersville LLC · 2 yrs held
Cp Ipers Huntersville LLC
since 2023
Last sale
$28.3M
5 recorded transactions
Zoning & alternative use
CB · Huntersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Huntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntersville 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
$29,625,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$25,520,000
6.5%
$23,555,000
7%
$21,875,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$28,815,000
Current use
Blend value · Realmo final
$28.93M
Range $26.04M – $31.82M · ±10% · vs last sale $28.25M (Oct 6 2023)
Last sale anchor
$28.25M
Oct 6 2023
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
$129 / 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
$173,774
Tax year 2023
Assessed value
$26,771,500
Assessed 2024
Previous assessed
$2,370,900
+1,029.2% YoY
Effective rate
0.65%
On assessed value
Assessed land
$2,370,900
Assessed improvement
$24,400,600
Land market value
$2,370,900
Improvement market value
$24,400,600
Total market value
$26,771,500
Applied tax rate
4.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1901
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
1
Total area
224,890 SF
Lot
22.51 ac (980,666 SF)
Zoning code
CB
APN
1740104
UPID
US53-2028917
Jurisdiction
MECKLENBURG
Zoning & alternative use
CB · Huntersville, NC
Zoning CB · permitted uses
CB · Huntersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$28.8M
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
1901
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
1
Lot
22.51 ac
Current owner
From public records · entity-resolved
Cp Ipers Huntersville LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1717 MCKINNEY AVE STE #1900, DALLAS, TX 75202-1253
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
$28,250,000
Cp Ipers Huntersville LLC
Hambright Industrial Land Owner LLC
Special Warranty Deed
—
Oct 6, 2023
—
Cp Ipers Huntersville LLC
Hambright Industrial Land Owner LLC
Deed
—
Oct 29, 2021
$2,400,000
Hambright Industrial Land Owner LLC
Sports Village Land Group LLC
Special Warranty Deed
—
Oct 29, 2021
—
Hambright Industrial Land Owner LLC
Sports Village Land Group LLC
Deed
—
May 20, 2016
$815,000
Sports Village Land Group LLC
Lewis Karen D Trust
Warranty Deed
—
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.
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