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Property profile & analytics
OFF-MARKET
Estimated value
$885,000
Warehouses
11223 Blair Rd Mint Hill, NC 28227-6870
Individually Owned
14-yr Hold
Free & Clear
Property ID
US53-1905118
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Total area
13,500 SF
Lot
4.81 ac (209,436 SF)
Zoning code
I-G(CD)
APN
13715312
UPID
US53-1905118
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$885k
Owner & transaction history
Efird Janice L Tr · 14 yrs held
Efird Janice L Tr
since 2012
2 recorded transactions
Zoning & alternative use
I-G(CD) · Mint Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Provides for limited industrial uses as well as retail sales and services and other compatible uses. The Conditional Zoning (CD) rezoning process allows for the establishment of certain uses that, because of their nature or scale, have particular impacts on both the immediate area and the community as a whole.
Zone name
General Industrial Conditional
General category
INDUSTRIAL
Zone area
400.48 ac
Source
Realmo
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 Mint Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mint Hill 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$66 / 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
$7,750
Tax year 2023
Assessed value
$1,110,100
Assessed 2024
Previous assessed
$1,115,600
-0.5% YoY
Effective rate
0.70%
On assessed value
Assessed land
$520,900
Assessed improvement
$589,200
Land market value
$520,900
Improvement market value
$589,200
Total market value
$1,110,100
Applied tax rate
17.0000
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
1985
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Total area
13,500 SF
Lot
4.81 ac (209,436 SF)
Zoning code
I-G(CD)
APN
13715312
UPID
US53-1905118
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-G(CD) · Mint Hill, NCZoning I-G(CD) · permitted uses
I-G(CD) · Mint Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Provides for limited industrial uses as well as retail sales and services and other compatible uses. The Conditional Zoning (CD) rezoning process allows for the establishment of certain uses that, because of their nature or scale, have particular impacts on both the immediate area and the community as a whole.
Zone name
General Industrial Conditional
General category
INDUSTRIAL
Zone area
400.48 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Lot
4.81 ac
Current owner
From public records · entity-resolved
Efird Janice L Tr
Individual
Free & Clear · 14 yrs held
Mailing address
7427 MATTHEWS MINT HL RD, MINT HILL, NC 28227-7862
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2024
—
L11223282279585br A Land Trust
—
Deed
related
$140,000 · Mint Hill Tool Rental LLC
Jan 5, 2012
—
Efird Janice L Tr
Htw Co
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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