Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$590,000
Automotive properties
1426 Babbage Ln Indian Trail, NC 28079-3434
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-0139738
Property profile
Verified
Property type
Automotive properties
Use group
VEHICLE SALES, RENTALS
Year built
2007
Total area
9,000 SF
Lot
0.91 ac (39,640 SF)
Zoning code
LI INDIAN TRAIL
APN
07-066-016K
UPID
US53-0139738
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
$535k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$587k
Blend (final)
Blend
$590k
Owner & transaction history
White Owl Ventures LLC · 4 yrs held
White Owl Ventures LLC
since 2022
Last sale
$758,000
6 recorded transactions
Zoning & alternative use
LI INDIAN TRAIL · Indian Trail, 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 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
$585,000
ML approach
$535,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$590k
Range $531k – $649k · ±10% · vs last sale $758k (Feb 14 2022)
Last sale anchor
$758k
Feb 14 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
$66 / 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
$3,886
Tax year 2023
Assessed value
$411,200
Assessed 2023
Previous assessed
$411,200
+0.0% YoY
Effective rate
0.95%
On assessed value
Assessed land
$85,300
Assessed improvement
$325,900
Land market value
$85,300
Improvement market value
$325,900
Total market value
$411,200
Applied tax rate
623.0000
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
Automotive properties
Use group
VEHICLE SALES, RENTALS
Status
Off-Market
Year built
2007
Heating
YES
Stories
1
Total area
9,000 SF
Lot
0.91 ac (39,640 SF)
Zoning code
LI INDIAN TRAIL
APN
07-066-016K
UPID
US53-0139738
Jurisdiction
UNION
Zoning & alternative use
LI INDIAN TRAIL · Indian Trail, NC
Zoning LI INDIAN TRAIL · permitted uses
LI 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.
Building & site characteristics
From public records
Year built
2007
Heating
YES
Stories
1
Lot
0.91 ac
Current owner
From public records · entity-resolved
White Owl Ventures LLC
Entity
Mailing address
3000 LINSTEAD DR, INDIAN TRAIL, NC 28079-3638
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 12, 2023
—
White Owl Ventures LLC
—
Deed
related
$764,000 · Skyla FCU
Feb 14, 2022
$758,000
White Owl Ventures LLC
Metropolitan Finance Partnership
Warranty Deed
$757,780 · Metropolitan Finance Partnership
Feb 27, 2018
$675,000
Metropolitan Fin Ptshp
Pettigrew,james M & Marisa
Warranty Deed
$257,869 · James M & Marisa C Pettigrew
Mar 26, 2007
—
James M Pettigrew
Sports & Fine Arts Center INC
Warranty Deed
$272,640 · First Citizens Bank & Trust Co
Jul 1, 2004
$72,500
Sports & Fine Arts Center INC
Jch Ents Of Charlotte LLC
Warranty Deed
$54,259 · First Citizens Bank & Trust Co
Jun 28, 2004
$72,500
Sports & Fine Atrs Center INC
Jch Enterprises
Trustees 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1426 Babbage Ln?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
