Entity Owned Property summary
AI-generated overview
The property consists of a 17.81-acre parcel located near major highways, with a portion rezoned to LI in 2021. Approximately 5.01 acres contain a 10,000 sq ft metal building constructed as a two-section layout: a 2,500 sq ft section with HVAC and a 7,500 sq ft section without HVAC. The building is designed for divisibility into up to four 2,500 sq ft units, includes three large raisable bay doors, and has metal framing installed for a potential fourth bay door. Each side of the building has a pair of half bathrooms. The parcel is primarily cleared with some wooded areas near the property lines and has road frontage on Old Salisbury Rd, Belmont Rd, and Snider-Kines Rd. The site is about 1 mile from the I-85 Corporate Center. Remaining acreage (approximately 12.8 acres) may be suitable for industrial expansion depending on future zoning actions, and the existing structure can support warehousing or other industrial uses. The property is zoned LI and RA2.
Property profile
Verified
Property type
Other warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2019
Construction
FRAME
Total area
10,000 SF
Lot
17.81 ac (775,804 SF)
Zoning code
LI
APN
04-020-0-000-0016-A
UPID
US53-3169124
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Car Wash
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$687k
Blend (final)
Blend
$610k
Owner & transaction history
since 2013
3 recorded transactions
Zoning & alternative use
LI · Linwood, NC
Top alternative use upside
Office building
$815,000
+45.5%
Auto repair, garage
$670,000
+19.2%
Commercial (general)
$645,000
+15.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$610k
Value range
$549k – $671k
±10% around blend
Estimated value / SF
$61 / SF
Confidence
High
8 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
80
$549k
blend $610k
$671k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
10,000 SF
Lot area
17.81 ac
Year built
2019
Stories
1
APN
04-020-0-000-0016-A
Zoning
LI
Assessed value
$555,460
Annual tax
$3,555
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.11M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
14.1 mi away · 10,400 SF
19.2 mi away · 11,100 SF
19.5 mi away · 7,625 SF
21.4 mi away · 8,500 SF
22.5 mi away · 8,246 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$610k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 116 sales
$56
+9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $61/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Office Building
Gross theoretical uplift
+45%
vs current-use indication
Auto Repair, Garage
Commercial (general)
Apartment House (5+ Units)
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
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: replacement-cost inputs are not on file.
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.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$555k
Move the market yield to see immediate price impact.
Value / SF
$56
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
5.00%7.00%9.00%
$35k
$700k
$500k
$389k
$39k
$778k
$555k
$432k
$43k
$855k
$611k
$475k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$1.53M
9.3 mi · Oct 2025 · $141/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$3,555
Tax year 2023
Assessed value
$555,460
Assessed 2023
Previous assessed
$555,460
+0.0% YoY
Effective rate
0.64%
On assessed value
Land market value
$180,810
Improvement market value
$374,650
Total market value
$555,460
Applied tax rate
4.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
NONE
Stories
1
Bathrooms
3
Total area
10,000 SF
Lot
17.81 ac (775,804 SF)
Zoning code
LI
APN
04-020-0-000-0016-A
UPID
US53-3169124
Jurisdiction
DAVIDSON
Zoning & alternative use
LI · Linwood, NCZoning LI · permitted uses
LI · Linwood, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
2019
Construction
FRAME
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
3
Lot
17.81 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LI
Jurisdiction
Linwood, NC
Recorded code
LI
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
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Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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