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Property profile & analytics
OFF-MARKET
Estimated value
$3,960,000
Warehouses
139 Business Park Dr, Indian Trail, NC 28079-9432
Individually Owned
3-yr Hold
Free & Clear
Property ID
US53-1016417
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1993
Total area
41,936 SF
Lot
2.81 ac (122,404 SF)
Zoning code
GBD INDIAN TRAIL
APN
07-084-412
UPID
US53-1016417
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
$3.56M
CAP Approach
CAP
$5.50M
Comparable Approach
Comparable
$3.76M
Blend (final)
Blend
$3.96M
Owner & transaction history
Cameron Charlotte Industrial Dst · 3 yrs held
Cameron Charlotte Industrial Dst
since 2022
Last sale
$4.5M
3 recorded transactions
Zoning & alternative use
GBD INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$6.6M
+16.9%
Neighborhood: shopping center
$6.4M
+12.8%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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
$3,485,000
ML approach
$3,560,000
CAP Approach
CAP Return
Estimation
6%
$5,960,000
6.5%
$5,500,000
7%
$5,110,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,635,000
Current use
COMMERCIAL (GENERAL)
$6,590,000
Change: +17% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,360,000
Change: +13% · Conversion: Moderate
Blend value · Realmo final
$3.96M
Range $3.56M – $4.36M · ±10% · vs last sale $4.50M (Sep 21 2022)
Last sale anchor
$4.50M
Sep 21 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
$94 / 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
$16,468
Tax year 2023
Assessed value
$1,848,500
Assessed 2023
Previous assessed
$1,848,500
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$365,300
Assessed improvement
$1,483,200
Land market value
$365,300
Improvement market value
$1,483,200
Total market value
$1,848,500
Applied tax rate
620.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1993
Heating
YES
Stories
1
Total area
41,936 SF
Lot
2.81 ac (122,404 SF)
Zoning code
GBD INDIAN TRAIL
APN
07-084-412
UPID
US53-1016417
Jurisdiction
UNION
Zoning & alternative use
GBD INDIAN TRAIL · Indian Trail, NC
Zoning GBD INDIAN TRAIL · permitted uses
GBD INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.6M
COMMERCIAL (GENERAL)
Est. value
$6.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.4M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
1993
Heating
YES
Stories
1
Lot
2.81 ac
Current owner
From public records · entity-resolved
Cameron Charlotte Industrial Dst
Individual
Free & Clear · 3 yrs held
Mailing address
6805 CARNEGIE BLVD STE #120, CHARLOTTE, NC 28211-3551
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 21, 2022
$4,500,000
Cameron Charlotte Industrial Dst
Madison Indian Trail Owner LLC
Special Warranty Deed
—
Mar 1, 2022
$3,400,000
Madison Indian Trail Owner LLC
L & J Fisher LLC
Correction Deed
related
—
Dec 18, 2006
—
L & J Fisher LLC
Fisher,larry A & Joanne A
Quit Claim Deed
—
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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