Technical
Financial
Distress signals
Property profile

1201 Advantage Ct Lenoir, NC 28645

OFF-MARKET
Warehouses
Property ID
US53-2359481
48,000 SF 3.52 ac lot Built 1996
Entity Owned 3-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1996
Construction STEEL FRAME
Total area 48,000 SF
Lot 3.52 ac (153,331 SF)
APN 09148 1 48
UPID US53-2359481

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1201 Advantage Ct Lenoir, NC 28645-8394
Lenoir metro Census 31100 HICKORY-LENOIR-MORGANTON, NC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$6.72M
CAP Approach CAP
$5.74M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.83M

Owner & transaction history

since 2022
Last sale
$6.5M
4 recorded transactions
2022
$6.5M
2022
Price N/A
2014
Price N/A
2014
$1.3M

Zoning & alternative use

Top alternative use upside
Office building $4.0M +81.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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 1201 Advantage Ct?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message