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Property profile & analytics
OFF-MARKET
Estimated value
$1,295,000
Manufacturing properties
1485 Industrial Park Rd Lincolnton, NC 28092-7934
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-1540039
Property summary
AI-generated overview
This exceptional 33,000 square foot warehouse, located at 1485 S Industrial Park Rd, Lincolnton, NC 28092, presents a compelling investment opportunity. Priced at $1,950,000, the property boasts a substantial footprint, perfect for a variety of industrial uses. The warehouse features impressive clear heights ranging from 24 to 30 feet, providing ample vertical space for storage and operations. Its strategic location in Lincoln County, North Carolina, offers easy access to major transportation routes, enhancing logistical efficiency. The property is currently available for sale, representing a significant chance to acquire a well-situated, high-capacity warehouse in a thriving market. Detailed financial information, including lease rate information ($5.95/SF), is available upon request. This is a rare opportunity to own a substantial industrial asset in a desirable location. Serious inquiries are encouraged to explore this exceptional investment prospect further. The property is ready for immediate occupancy or lease, offering flexibility for various business needs. Don't miss this chance to secure a prime piece of industrial real estate in Lincoln County.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1976
Construction
FRAME
Total area
10,848 SF
Lot
1.04 ac (45,477 SF)
Zoning code
I-G
APN
1603
UPID
US53-1540039
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
Current use
Occupant on record · Public records
-
Lin-Tex (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.30M
Owner & transaction history
Sky Holdings LLC
Sky Holdings LLC
since 2025
Last sale
$1.4M
3 recorded transactions
Zoning & alternative use
I-G · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$1.3M
+816.6%
Commercial (general)
$1.1M
+661.0%
Office building
$985,000
+607.4%
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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,190,000
6.5%
$1,100,000
7%
$1,020,000
Alternative Use
Use
Estimation
RESTAURANT
$1,280,000
Change: +817% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,060,000
Change: +661% · Conversion: Difficult
OFFICE BUILDING
$985,000
Change: +607% · Conversion: Difficult
AUTO REPAIR, GARAGE
$890,000
Change: +539% · Conversion: Easy
MEDICAL BUILDING
$880,000
Change: +530% · Conversion: Difficult
Blend value · Realmo final
$1.30M
Range $1.17M – $1.42M · ±10% · vs last sale $1.39M (Jul 10 2025)
Last sale anchor
$1.39M
Jul 10 2025
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
$119 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,909
Tax year 2024
Assessed value
$286,713
Assessed 2024
Previous assessed
$286,713
+0.0% YoY
Effective rate
0.67%
On assessed value
Assessed land
$58,255
Assessed improvement
$228,458
Land market value
$58,255
Improvement market value
$228,458
Total market value
$286,713
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1976
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
3
Stories
1
Total area
10,848 SF
Lot
1.04 ac (45,477 SF)
Zoning code
I-G
APN
1603
UPID
US53-1540039
Jurisdiction
LINCOLN
Zoning & alternative use
I-G · Lincolnton, NC
Zoning I-G · permitted uses
I-G · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincolnton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT
Est. value
$1.3M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$985,000
AUTO REPAIR, GARAGE
Est. value
$890,000
MEDICAL BUILDING
Est. value
$880,000
RESTAURANT
COMMERCIAL (GENERAL)
OFFICE BUILDING
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
1976
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
1.04 ac
Current owner
From public records · entity-resolved
Sky Holdings LLC
Entity
Mailing address
612 W MAIN ST EXT, LINCOLNTON, NC 28092-2344
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Oct 10, 2025
$1,390,000
Sky Holdings LLC
Atre3 LLC
Special Warranty Deed
$1,181,500 · Bank Of America NA
Nov 1, 2024
$694,000
Atre3 LLC
Terry Allen Reynolds
Warranty Deed
—
May 2, 2008
$535,000
Walter F Reynolds
Air Vent INC
Grant 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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