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Property profile & analytics
OFF-MARKET
Strip malls
16 Nc Business Hwy Lincolnton, NC 28092
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-2198267
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2001
Construction
FRAME
Total area
6,825 SF
Lot
0.94 ac (40,729 SF)
Zoning code
ELDD B-G
APN
78250
UPID
US53-2198267
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ekl Holdings LLC · 7 yrs held
Ekl Holdings LLC
since 2019
7 recorded transactions
Zoning & alternative use
ELDD B-G · Lincolnton, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$7,346
Tax year 2023
Assessed value
$1,118,665
Assessed 2023
Previous assessed
$1,118,665
+0.0% YoY
Effective rate
0.66%
On assessed value
Assessed land
$198,687
Assessed improvement
$919,978
Land market value
$198,687
Improvement market value
$919,978
Total market value
$1,118,665
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2001
Construction
FRAME
Heating
YES
Cooling
YES
Buildings
2
Stories
1
Total area
6,825 SF
Lot
0.94 ac (40,729 SF)
Zoning code
ELDD B-G
APN
78250
UPID
US53-2198267
Jurisdiction
LINCOLN
Zoning & alternative use
ELDD B-G · Lincolnton, NC
Zoning ELDD B-G · permitted uses
ELDD B-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.
Building & site characteristics
From public records
Year built
2001
Construction
FRAME
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Lot
0.94 ac
Current owner
From public records · entity-resolved
Ekl Holdings LLC
Entity
Free & Clear · 7 yrs held
Mailing address
518 N GENERALS BLVD STE F, LINCOLNTON, NC 28092-3537
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2019
$935,000
Ekl Holdings LLC
Mccauley,gerald H & Erna
Grant Deed
related
—
Nov 20, 2015
$675,000
Gerald H Mccauley
Dcrec LLC
Warranty Deed
—
Oct 18, 2005
—
Thomas P West
West,thomas P & Doris G
Quit Claim Deed
related
—
Apr 14, 2005
$900,000
Dcrec LLC
Creative Flexspace LLC
Warranty Deed
$670,000 · Central Carolina Bank & Trust
Apr 8, 2005
—
Thomas P West
Creative Flexspace LLC
Warranty Deed
related
—
Dec 23, 2004
—
Creative Flexspace LLC
—
Deed Of Trust
related
$1,499,400 · Catawba Valley Bank Mooresvile
—
—
Creative Flexspace LLC
—
Deed Of Trust
related
$100,000 · Peoples Bank & Trust
—
—
Dcrec LLC
—
Deed Of Trust
related
$514,000 · Branch Banking & Trust Co
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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