Individually Owned 
For Sale
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10908 Mount Holly Rd, Charlotte, NC 28214
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Property summary
AI-generated overview
Located at 10908 Mount Holly Rd in Charlotte, North Carolina, this industrial property consists of approximately 31,000 sq ft of industrial space on an I1 and I2 Industrial-zoned site totaling about 4.8 acres in Mecklenburg County. The site has about 326 feet of road frontage and is level, with gated and fenced perimeter access, on-site parking, and provisions for industrial activity including variable ceiling heights, multiple bays, loading docks, industrial electrical power, and an office area with an attached bathroom. The property’s layout supports operations such as warehousing and manufacturing, with potential for further development or expansion within the established industrial zoning. The listing also references an included adjacent parcel at 200 Pawley Rd, described as approximately 2.4 acres and business-zoned land, as part of the total acreage.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
1964
Total area
31,222 SF
Lot
2.31 ac (100,449 SF)
Zoning code
I1CD
APN
3137504
UPID
US53-0154532
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$270k
Owner & transaction history
since 2021
Last sale
$230,000
1 recorded transaction
Zoning & alternative use
I1CD · Charlotte, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$270k
Value range
$243k – $297k
±10% around blend
Estimated value / SF
$9 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
40
Income certainty
100
$243k
blend $270k
$297k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
31,222 SF
Lot area
2.31 ac
Year built
1964
Stories
1
APN
3137504
Zoning
I1CD
Assessed value
$404,300
Annual tax
$2,966
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$2,966
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$4.22M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.7 mi away · 30,040 SF
19.8 mi away · 28,080 SF
22.0 mi away · 25,776 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$270k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 29 sales
$114
-92%
Submarket 411 sales
$135
-94%
County 452 sales
$128
-93%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $9/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
Selected market yield
9.04%
Selected cap rate for this other warehouses
Derived from the Charlotte market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 9.04%
9.0%
NOI (est.)
$317k *
Last sale · Feb 2021
$230k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.50M
Move the market yield to see immediate price impact.
Value / SF
$112
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
8.54%9.04%9.54%
$285k
$3.34M
$3.15M
$2.99M
$317k
$3.71M
$3.50M
$3.32M
$348k
$4.08M
$3.85M
$3.65M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
4 found
Low confidence · county-verified
Closest comparable
$3.10M
7.8 mi · Dec 2025 · $122/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$2,966
Tax year 2023
Assessed value
$404,300
Assessed 2024
Previous assessed
$412,600
-2.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$306,300
Assessed improvement
$98,000
Land market value
$306,300
Improvement market value
$98,000
Total market value
$404,300
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
For Sale
Year built
1964
Heating
FORCED AIR
Cooling
YES
Buildings
4
Stories
1
Rooms
1
Total area
31,222 SF
Lot
2.31 ac (100,449 SF)
Zoning code
I1CD
APN
3137504
UPID
US53-0154532
Jurisdiction
MECKLENBURG
Zoning & alternative use
I1CD · Charlotte, NCZoning I1CD · permitted uses
I1CD · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1964
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Rooms
1
Lot
2.31 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I1CD
Jurisdiction
Charlotte, NC
Recorded code
I1CD
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I1CD in Charlotte, NC.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
One complete report on every paid plan · 30 · 300 reports per month.
Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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