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Property profile & analytics
OFF-MARKET
Estimated value
$1,135,000
Industrial properties
16 Nc Business Hwy, Lincolnton, NC 28092
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-2445835
Property profile
Verified
Property type
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Year built
2015
Total area
6,150 SF
Lot
0.71 ac (30,710 SF)
Zoning code
ELDD B-G
APN
81319
UPID
US53-2445835
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
$980k
CAP Approach
CAP
$1.36M
Comparable Approach
Comparable
$1.23M
Blend (final)
Blend
$1.14M
Owner & transaction history
Hype Holdings LLC · 4 yrs held
Hype Holdings LLC
since 2022
Last sale
$1.2M
3 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
Method
Estimation
Statistic approach
$1,015,000
ML approach
$980,000
CAP Approach
CAP Return
Estimation
6%
$1,470,000
6.5%
$1,360,000
7%
$1,260,000
Blend value · Realmo final
$1.14M
Range $1.02M – $1.25M · ±10% · vs last sale $1.17M (Mar 3 2022)
Last sale anchor
$1.17M
Mar 3 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
$185 / 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
$6,329
Tax year 2023
Assessed value
$1,032,342
Assessed 2023
Previous assessed
$1,032,342
+0.0% YoY
Effective rate
0.61%
On assessed value
Assessed land
$297,421
Assessed improvement
$734,921
Land market value
$297,421
Improvement market value
$734,921
Total market value
$1,032,342
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
Industrial properties
Use group
MIXED USE (COMMERCIAL/INDUSTRIAL)
Status
Off-Market
Year built
2015
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
6,150 SF
Lot
0.71 ac (30,710 SF)
Zoning code
ELDD B-G
APN
81319
UPID
US53-2445835
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
2015
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
Hype Holdings LLC
Entity
Mailing address
7830 COMMERCE DR, DENVER, NC 28037-9101
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
Mar 3, 2022
$1,172,000
Hype Holdings LLC
Scott Soorus
Warranty Deed
$996,200 · Southern First Bank NA
Apr 14, 2015
$140,000
Scott Soorus
Green Gayle D
Warranty Deed
$475,000 · Peoples Bk
Jan 14, 2004
—
Gayle D Green
Cherry,marion G
Warranty Deed
related
—
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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