Realmo Analytics
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Property summary
This exceptional 24,000-square-foot industrial flex warehouse in Indian Trail, North Carolina, presents a compelling owner-user opportunity. Located at 131 Business Park Dr, 28079, this single-tenant property boasts a 100% occupancy rate with a lease expiring September 30, 2026, offering approximately 1.9 years of remaining lease term. The building, constructed in 1994 and renovated in 2001, features an all-brick exterior and is offered below replacement cost. The functional space is divided… into 27% office and 73% warehouse, with a desirable 16.5-foot ceiling height. Four loading docks facilitate efficient operations. The property sits on a 1.84-acre lot and includes 27 parking spaces. The asking price is $2,825,000, representing a compelling $117.71 per square foot and a 5.25% capitalization rate based on a Net Operating Income (NOI) of $148,399. The property is zoned GBD and benefits from its proximity to I-485 and Highway 74 Bypass, providing excellent access to major transportation arteries. Union County's low vacancy rate of 1.2% and significant rent growth (over 37% in the previous three years) underscore the strong market fundamentals. This is a rare opportunity to acquire a well-maintained, high-performing industrial asset in a thriving location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 12 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 20,700 SF
- Lot area
- 0.92 ac
- Year built
- 1994
- Stories
- 1
- APN
- 07-084-410
- Zoning
- GBD INDIAN TRAIL
- Assessed value · 2023
- $1,074,100
- Annual tax · 2023
- $9,424
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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