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Property profile & analytics
OFF-MARKET
Estimated value
$930,000
Garden apartment buildings
10701 Huntersville Cmns Dr Huntersville, NC 28078-6154
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1617706
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1997
Total area
13,248 SF
Lot
17.03 ac (741,870 SF)
Zoning code
NRCD
APN
1712105
UPID
US53-1617706
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
-
Bakery-Pasteles Iguala en Charlotte Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$635k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$633k
Blend (final)
Blend
$930k
Owner & transaction history
Triangle Huntersville Commons · 6 yrs held
Triangle Huntersville Commons
since 2020
3 recorded transactions
Zoning & alternative use
NRCD · Huntersville, NC
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
by Request
ML approach
$635,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$930k
Range $837k – $1.02M · ±10%
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
$70 / 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
$204,278
Tax year 2023
Assessed value
$31,470,900
Assessed 2024
Previous assessed
$31,833,500
-1.1% YoY
Effective rate
0.65%
On assessed value
Assessed land
$4,297,500
Assessed improvement
$27,173,400
Land market value
$4,297,500
Improvement market value
$27,173,400
Total market value
$31,470,900
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1997
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
12
Stories
2
Total area
13,248 SF
Lot
17.03 ac (741,870 SF)
Zoning code
NRCD
APN
1712105
UPID
US53-1617706
Jurisdiction
MECKLENBURG
Zoning & alternative use
NRCD · Huntersville, NCZoning NRCD · permitted uses
NRCD · Huntersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Print Preview
Building & site characteristics
From public records
Year built
1997
Heating
HEAT PUMP
Cooling
Yes
Stories
2
Buildings
12
Lot
17.03 ac
Current owner
From public records · entity-resolved
Triangle Huntersville Commons
Individual
Mailing address
PO BOX 4158, GASTONIA, NC 28054-0042
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2020
—
Triangle Huntersville Commons
Triangle R/e/gastonia INC
Quit Claim Deed
$16,500,000 · Miscellaneous Ins Co
Dec 27, 1996
$420,500
Triangle Real Estate
—
Grant Deed
related
$6,950,000 · Branch Banking & Trust Co
Jul 26, 1996
$420,500
Triangle Real Estate Of
Triangle,real Es
Grant Deed
related
—
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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