Entity Owned Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2019
Total area
168,066 SF
Lot
17.88 ac (779,027 SF)
Zoning code
CB
APN
1722101
UPID
US53-1272520
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
$17.61M
Comparable Approach
Comparable
$20.95M
Blend (final)
Blend
$19.51M
Owner & transaction history
since 2025
Last sale
$24.0M
7 recorded transactions
Zoning & alternative use
CB · Huntersville, NC
Zoning description
CB Corporate Business District Commercial VS Passenger Vehicle Sales District Commercial SP Special Purpose District Commercial 3.1.2 Conditional Zoning Districts Conditional zoning districts correspond to general distri…
General category
COMMERCIAL
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.
17% off on annual
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 4 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Summary
1
Valuation conclusion
Included free
Estimated market value
$19.51M
Value range
$17.55M – $21.46M
±10% around blend
Estimated value / SF
$116 / SF
Confidence
Low
4 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
40
$17.55M
blend $19.51M
$21.46M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
168,066 SF
Lot area
17.88 ac
Year built
2019
Stories
1
APN
1722101
Zoning
CB
Assessed value
$16,034,600
Annual tax
$104,081
3
Income approach: direct capitalization
Partial preview
Income approach indication
$17.61M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$19.07M
@ 6.5% CAP return
$17.61M
@ 7% CAP return
$16.35M
4
Sales comparison
Partial preview
Sales approach indication
$22.29M
Weighted, 4 comps · low confidence
Evidence
4 found · 4 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.1 mi away · 121,395 SF
11.2 mi away · 129,781 SF
22.4 mi away · 163,106 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$19.51M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 452 sales
$128
-9%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $116/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
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: 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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 4 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
6.10%
Implied, in-place cap rate for this warehouses
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.10%
9.0%
NOI (est.)
$1.68M *
Last sale · Nov 2025
$24.00M
* 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$27.54M
Move the market yield to see immediate price impact.
Value / SF
$164
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
5.60%6.10%6.60%
$1.51M
$27.00M
$24.79M
$22.91M
$1.68M
$30.00M
$27.54M
$25.45M
$1.85M
$33.00M
$30.30M
$28.00M
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
$16.00M
0.6 mi · Dec 2025 · $128/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$104,081
Tax year 2023
Assessed value
$16,034,600
Assessed 2024
Previous assessed
$16,193,000
-1.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$2,344,700
Assessed improvement
$13,689,900
Land market value
$2,344,700
Improvement market value
$13,689,900
Total market value
$16,034,600
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2019
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
168,066 SF
Lot
17.88 ac (779,027 SF)
Zoning code
CB
APN
1722101
UPID
US53-1272520
Jurisdiction
MECKLENBURG
Zoning & alternative use
CB · Huntersville, NCZoning CB · permitted uses
CB · Huntersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
CB Corporate Business District Commercial VS Passenger Vehicle Sales District Commercial SP Special Purpose District Commercial 3.1.2 Conditional Zoning Districts Conditional zoning districts correspond to general distri…
General category
COMMERCIAL
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
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
17.88 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
CB
COMMERCIAL
Jurisdiction
Huntersville, NC
Recorded code
CB
Official district
CB
Official district profile
What the municipal code says about CB
Zoning description
CB Corporate Business District Commercial VS Passenger Vehicle Sales District Commercial SP Special Purpose District Commercial 3.1.2 Conditional Zoning Districts Conditional zoning districts correspond to general distri…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for CB in Huntersville, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
Official documentVerified 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.
One complete report on every paid plan · 5 · 30 · 100 reports per month.
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 · 5 · 30 · 100 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12000 Vanstory Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
Full reports are paid
Unlock the full Property Analytics report
Pick a plan to open full owner contacts, all 4 valuations with methodology, the refine flow, comparable adjustments, the foot-traffic deep dive and PDF / CSV export. Cancel anytime.
