Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13835 Boren St Huntersville, NC 28078-6476

    • Assisted living facilities
    • 57,596 SF
    • 6.52 lot acres
    OFF-MARKET
    Last Sale
    Jun 02, 2021
    $6,030,000
    Value Estimations
    $6,445,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-3860185
    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

    • Huntersville Health & Rehabilitation Center / Medical Clinic

    Property Details for 13835 Boren St

    Year built
    2015
    Lot size
    6.52 lot acres
    Property size
    57,596 SF
    Zone code
    CB
    Property type
    Assisted living facilities
    Property subtype
    Retirement homes
    APN
    1716525
    APU
    1716525

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $6,675,000
      ML approach
      $7,055,000

    • Alternative Use

      Use
      Estimation
      HOMES (RETIRED, HANDICAP, REST, CONVALESCENT, NURSING)
      $10,280,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntersville
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.867
    Latitude
    35.4019
    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
    2023
    $89,070
    $1,778,600
    $11,943,500
    $13,722,100
    -
    $1,778,600
    $11,943,500
    $13,722,100

    Comparable in this City

    • Value Estimation
      $2,555,000
      94,754 SF

      15797 Statesville Rd

      HOMES (RETIRED, NURSING) • 94,754 SF
      15797 Statesville Rd, Huntersville, NC 28078-7155
      View Details
    • Value Estimation
      $12,510,000
      0.24 Acres

      13910 Hunton Ln

      HOMES (RETIRED, NURSING) • 0.24 Acres
      13910 Hunton Ln, Huntersville, NC 28078-6088
      View Details
    • Value Estimation
      $1,200,000
      70,272 SF

      8521 Sam Furr Rd

      HOMES (RETIRED, NURSING) • 70,272 SF
      8521 Sam Furr Rd, Huntersville, NC 28078-3489
      View Details
    • Value Estimation
      $15,010,000
      0.89 Acres

      13825 Hunton Ln

      HOMES (RETIRED, NURSING) • 0.89 Acres
      13825 Hunton Ln, Huntersville, NC 28078-6190
      View Details
    • Value Estimation
      $11,375,000
      58,507 SF

      13910 Hunton Ln

      HOMES (RETIRED, NURSING) • 58,507 SF
      13910 Hunton Ln, Huntersville, NC 28078-6088
      View Details
    • Value Estimation
      $1,420,000
      150,358 SF

      Huntersville, NC 28078

      HOMES (RETIRED, NURSING) • 150,358 SF
      Huntersville, NC 28078
      View Details

    Similar Nearby for Sale

    • $1,050,000

      Medical Office Condo Near Hospital

      Well-appointed medical office condo near Novant Health Huntersville Medical Center.
      403 Gilead Rd, Huntersville, NC 28078
      View Details
    • $99,000
      0.45 Acres

      Huntersville Land Parcel Available

      Land parcel available in Huntersville, septic system required.
      14320 Carolyn Ct, Huntersville, NC 28078
      View Details
    • $99,000
      0.51 Acres

      Huntersville, NC Vacant Land

      Vacant lot available in Huntersville, North Carolina.
      13116 Arlington Cir, Huntersville, NC 28078
      View Details
    • $49,900
      0.23 Acres

      Huntersville Land Near Lake Norman

      Land near Lake Norman in growing Huntersville area.
      11532 Mccoy Rd, Huntersville, NC 28078
      View Details
    • $85,000
      0.39 Acres

      Huntersville Vacant Lot Opportunity

      Vacant land in Huntersville, NC, near downtown and highways.
      212 Sherrwynn Ln, Huntersville, NC 28078
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      40,000 SF

      Northcross 1: Premier Multi-Use Space

      7,200 SF Office/Industrial Available
      9825 Northcross Center Ct, Huntersville, NC 28078
      View Details
    • Contact for pricing
      2,460 SF

      Retail Space in Huntersville, NC

      Retail space for lease in Huntersville, North Carolina.
      9826 Gilead Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Huntersville Land For Sale

      0.58 acre mixed-use land with road frontage.
      16710 Old Statesville Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing
      2,300 SF

      Huntersville Office Suite For Rent

      2,300 SF office suite in mixed-use building available.
      15905 Brookway Dr, Huntersville, NC 28078
      View Details
    • Contact for pricing
      201,940 SF

      Huntersville Industrial Space For Lease

      Class A industrial buildings with easy access to I-77.
      10401 Hambright Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing
      3,018 SF

      Huntersville Retail Opportunity

      75,000 SF lifestyle center in Huntersville, North Carolina.
      9810 Gilead Rd, Huntersville, NC 28078
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13835 Boren St
    Huntersville, NC 28078-6476
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!