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Property profile & analytics
OFF-MARKET
Commercial land
120 Lincoln Pl Dr Lincolnton, GA 30817-4258
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US22-3536766
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
1.17 ac (50,965 SF)
Zoning code
C-2
APN
38 053E
UPID
US22-3536766
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
by Request
Owner & transaction history
Merley C Belk · 5 yrs held
Merley C Belk
since 2020
2 recorded transactions
Zoning & alternative use
C-2 · Lincolnton, GA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to be utilized by those commercial uses that serve community and regional shopping needs as well as the traveling public
Zone name
Highway Oriented Commercial
General category
COMMERCIAL
Zone area
52.42 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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
—
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
$380
Tax year 2023
Assessed value
$11,520
Assessed 2023
Previous assessed
$11,520
+0.0% YoY
Effective rate
3.30%
On assessed value
Assessed land
$11,520
Land market value
$28,800
Total market value
$28,800
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
1.17 ac (50,965 SF)
Zoning code
C-2
APN
38 053E
UPID
US22-3536766
Jurisdiction
LINCOLN
Zoning & alternative use
C-2 · Lincolnton, GAZoning C-2 · permitted uses
C-2 · Lincolnton, GA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is intended to be utilized by those commercial uses that serve community and regional shopping needs as well as the traveling public
Zone name
Highway Oriented Commercial
General category
COMMERCIAL
Zone area
52.42 ac
Source
Realmo
Building & site characteristics
From public records
Heating
NONE
Lot
1.17 ac
Current owner
From public records · entity-resolved
Merley C Belk
Individual
Free & Clear · 5 yrs held
Mailing address
1030 PLANTATION CIR, LINCOLNTON, GA 30817-4706
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
$62,500
Merley C Belk
Mark Steven Powell
Warranty Deed
—
Jan 13, 2015
—
Mark Steven Powell
Mark Steve Powell
Warranty 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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