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    Property profile & analytics

    111 Central Ave Mount Holly, NC 28120-1616

    • Retail space
    • 4,060 SF
    • 0.04 lot acres
    OFF-MARKET
    Value Estimation
    $335,000
    Last Sale
    Nov 14, 2022
    $500,000
    Location Intelligence
    Property ID
    US53-5451775
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Friends Heating & Cooling Inc / Hvac Contractor
    • Sanitations Unlimited / Commercial Cleaning Service
    • DoulaTopia Holistic Wellness & Spa / Wellness Center / Alternative Medicine Practitioner
    • Rabb Florist / Florist / Gift Shop
    • Capital Management-Engineering / Engineer

    Property Details for 111 Central Ave

    Year built
    1930
    Lot size
    0.04 lot acres
    Property size
    4,060 SF
    Zone code
    RET01
    Property type
    Retail space
    APN
    216906
    APU
    216906

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $305,000

    • CAP approach

      CAP return
      Estimation
      6%
      $435,000
      6.5%
      $465,000
      7%
      $450,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $380,000
      Geo Method
      $470,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $495,000
      Retail
      $500,000
      Mixed-Use
      $480,000
      Hospitality
      $390,000
      Educational
      $405,000
      Residential Income
      $415,000
      Energy
      $450,000
      Income-Based Land
      $475,000
      Food Service
      $500,000

    Location Insight

    • Map
    • Local Demand
    City
    Mount Holly
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.0167
    Latitude
    35.2975
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,859
    $26,140
    $258,670
    $284,810
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6,984 SF

      Franklin Blvd

      RETAIL STORES (PERSONAL SERVICES) • 6,984 SF
      Franklin Blvd, Mount Holly, NC 28120
      View Details
    • Value Estimation
      $120,000
      1,298 SF

      146 Lumber Ln

      RETAIL STORES (PERSONAL SERVICES) • 1,298 SF
      146 Lumber Ln, Mount Holly, NC 28120
      View Details
    • Value Estimation
      $160,000
      2,262 SF

      122 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,262 SF
      122 Main St, Mount Holly, NC 28120-1619
      View Details
    • Value Estimation
      $140,000
      3,328 SF

      125 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,328 SF
      125 Central Ave, Mount Holly, NC 28120-1616
      View Details
    • Value Estimation
      $1,545,000
      11,200 SF

      617 Highland St

      RETAIL STORES (PERSONAL SERVICES) • 11,200 SF
      617 Highland St, Mount Holly, NC 28120-2185
      View Details
    • Value Estimation by Request
      9,301 SF

      308 Main St

      RETAIL STORES (PERSONAL SERVICES) • 9,301 SF
      308 Main St, Mount Holly, NC 28120-2236
      View Details

    Similar Nearby for Sale

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      Residential property in Mount Holly needing updates, sold as-is.
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      Corner Lots in Mount Holly

      Two combined lots totaling 1.2 acres near I-85.
      Hickory Grove Rd, Mount Holly, NC 28120
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    • $30,000
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      Corner Lot in Mount Holly

      Residential land for sale in Mount Holly, North Carolina.
      Heather Ln, Mount Holly, NC 28120
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    Similar Nearby for Lease

    • $120 SF/Yr
      3,500 SF

      Mount Holly Warehouse Space Available

      Two Industrial Units, Flexible Lease Terms
      130 Charlotte Ave, Mount Holly, NC 28120
      View Details
    • $16 SF/Yr
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      Mount Holly Office Space Available

      Two-story office space with open floor plan near highways.
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      View Details
    • $850 /Mo

      Downtown Mount Holly Office Space

      Large open office space in downtown Mount Holly available now.
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      View Details
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    111 Central Ave
    Mount Holly, NC 28120-1616
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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