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    Property profile & analytics

    124 Ryder Ave Landis, NC 28088-1317

    • Strip malls
    • 5,516 SF
    • 0.86 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US53-5023105
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Fusion Mexican Grill / Mexican Restaurant

    Property Details for 124 Ryder Ave

    Year built
    2008
    Lot size
    0.86 lot acres
    Property size
    5,516 SF
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    106 1970001
    APU
    1061970001

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Landis
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.6106
    Latitude
    35.5479
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $6,497
    $232,248
    $374,934
    $607,182
    -
    $232,248
    $374,934
    $607,182

    Comparable in this City

    • Value Estimation
      $370,000
      2,551 SF

      124 Ryder Ave

      SHOPPING CENTER, STRIP CENTER • 2,551 SF
      124 Ryder Ave, Landis, NC 28088-1317
      View Details
    • Value Estimation by Request
      1,890 SF

      207 Main St

      RETAIL STORES (PERSONAL SERVICES) • 1,890 SF
      207 Main St, Landis, NC 28088-1307
      View Details
    • Value Estimation by Request
      10,200 SF

      701 Blume St

      AUTO REPAIR, GARAGE • 10,200 SF
      701 Blume St, Landis, NC 28088-1246
      View Details
    • Value Estimation by Request
      4,840 SF

      139 Central Ave

      FINANCIAL BUILDING • 4,840 SF
      139 Central Ave, Landis, NC 28088-1402
      View Details
    • Value Estimation
      $245,000
      3,344 SF

      1013 Main St

      RESTAURANT • 3,344 SF
      1013 Main St, Landis, NC 28088-2023
      View Details
    • Value Estimation
      $85,000
      3,210 SF

      103 Central Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,210 SF
      103 Central Ave, Landis, NC 28088-1402
      View Details

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    Landis, NC 28088-1317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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