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Property profile & analytics
OFF-MARKET
Estimated value
$2,225,000
Commercial land
12700 Dixon Farm Rd Huntersville, NC 28078-3689
Entity Owned
5-yr Hold
Property ID
US53-0909359
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1989
Total area
1,880 SF
Lot
0.57 ac (24,987 SF)
Zoning code
R4
APN
1914112
UPID
US53-0909359
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
$2.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.23M
Owner & transaction history
Hendrick Automotive Group · 5 yrs held
Hendrick Automotive Group
since 2021
Last sale
$2.1M
4 recorded transactions
Zoning & alternative use
R4 · 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
$2,325,000
ML approach
$2,360,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.23M
Range $2.00M – $2.45M · ±10% · vs last sale $2.10M (May 11 2021)
Last sale anchor
$2.10M
May 11 2021
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
$1,184 / 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
Assessed value
$198,600
Assessed 2024
Previous assessed
$198,600
+0.0% YoY
Assessed land
$198,600
Land market value
$198,600
Total market value
$198,600
Applied tax rate
12.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1989
Heating
STEAM
Cooling
CENTRAL
Stories
1
Rooms
5
Bathrooms
2
Total area
1,880 SF
Lot
0.57 ac (24,987 SF)
Zoning code
R4
APN
1914112
UPID
US53-0909359
Jurisdiction
MECKLENBURG
Zoning & alternative use
R4 · Huntersville, NC
Zoning R4 · permitted uses
R4 · 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.
Building & site characteristics
From public records
Year built
1989
Heating
STEAM
Cooling
Yes
Stories
1
Rooms
5
Bathrooms
2
Lot
0.57 ac
Current owner
From public records · entity-resolved
Hendrick Automotive Group
Entity
Mailing address
6000 MONROE RD, CHARLOTTE, NC 28212-6119
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 11, 2021
$2,103,000
Hendrick Automotive Group
Robert Barnette Dixon
Special Warranty Deed
—
May 11, 2021
—
Hendrick Automotive Group
Hendrick Automotive Group
Intrafamily Transfer
related
—
Jan 16, 1989
$5,000
Robert B Dixon II
Unknown
Grant Deed
—
—
—
Robert B Dixon
—
Deed Of Trust
related
$143,738 · Wachovia Bank NA
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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