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Property profile & analytics
OFF-MARKET
Estimated value
$12,775,000
Warehouses
12035 Hunstad Blvd, Huntersville, NC 28078-7781
Entity Owned
Free & Clear
Property ID
US53-5627002
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2021
Total area
104,097 SF
Lot
13.05 ac (568,327 SF)
Zoning code
NR
APN
1705106
UPID
US53-5627002
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
$9.39M
CAP Approach
CAP
$10.91M
Comparable Approach
Comparable
$12.43M
Blend (final)
Blend
$12.78M
Owner & transaction history
Bal Hunstad Boulevard Owner LP
Bal Hunstad Boulevard Owner LP
since 2025
Last sale
$13.5M
7 recorded transactions
Zoning & alternative use
NR · Huntersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Huntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntersville 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
Method
Estimation
Statistic approach
$13,535,000
ML approach
$9,390,000
CAP Approach
CAP Return
Estimation
6%
$11,810,000
6.5%
$10,905,000
7%
$10,125,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$13,340,000
Current use
Blend value · Realmo final
$12.78M
Range $11.50M – $14.05M · ±10% · vs last sale $13.50M (Jul 28 2022)
Last sale anchor
$13.50M
Jul 28 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$123 / 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
$61,746
Tax year 2023
Assessed value
$9,512,600
Assessed 2024
Previous assessed
$10,029,700
-5.2% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,807,300
Assessed improvement
$7,705,300
Land market value
$1,807,300
Improvement market value
$7,705,300
Total market value
$9,512,600
Applied tax rate
4.0000
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
2021
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
104,097 SF
Lot
13.05 ac (568,327 SF)
Zoning code
NR
APN
1705106
UPID
US53-5627002
Jurisdiction
MECKLENBURG
Zoning & alternative use
NR · Huntersville, NC
Zoning NR · permitted uses
NR · Huntersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$13.3M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2021
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
13.05 ac
Current owner
From public records · entity-resolved
Bal Hunstad Boulevard Owner LP
Entity
Free & Clear · 0 yrs held
Mailing address
1 BEACON ST #2800, BOSTON, MA 02108-3107
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 3, 2025
—
Bal Hunstad Boulevard Owner LP
—
Deed
related
—
Nov 4, 2025
$15,900,000
Bal Hunstad Boulevard Owner LP
Civf Vi Nc1m05 LLC
Special Warranty Deed
—
Jul 28, 2022
$13,500,000
Civf Vi Nc1mo5 LLC
11142 Statesviijle Road LLC
Special Warranty Deed
—
Jul 28, 2022
—
Civf Vi Nc1 Mo5 LLC
11142 Statesville Road LLC
Deed
—
Aug 27, 2019
$775,000
11711 Alexandriana Land LLC
Finely Ltd LLC
Grant Deed
$500,000 · Bb&t Collateral Svcs
Aug 27, 2019
—
11711 Alexandriana Land LLC
Finely Ltd LLC
Quit Claim Deed
related
—
Jul 24, 2015
—
Finely Ltd LLC
—
Trustees Deed
related
$5,900,000 · Jbc INC
Jul 21, 2015
—
Finely Ltd LLC
North Lake Business Park LLC
Grant Deed
related
—
Apr 1, 2008
$6,200,000
Nlbp Phase One LLC
North Lake Business Park
Warranty Deed
$12,222,118 · Wachovia Bank NA
Nov 2, 2007
$1,800,000
Northlake Business Park LLC
Dcg Real Estate Holdings LLC
Warranty Deed
$2,500,000 · Davis Cap Grp INC
Oct 31, 2007
$1,050,000
Dcg Real Estate Holdings LLC
Sam & Sandy Roper R/e
Grant Deed
—
Jul 21, 1998
—
Sam Roper
D B I USA INC
Grant 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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