Property profile

16 Nc Business Hwy Vale, NC 28168

OFF-MARKET
Office buildings
Property ID
US53-3250805
6,598 SF 0.54 ac lot Built 2003
Entity Owned 6-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 6,598 SF
Lot 0.54 ac (23,740 SF)
Zoning code ELDD B-N
APN 85029
UPID US53-3250805

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16 Nc Business Hwy Vale, NC 28168
Vale metro CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$815k
CAP Approach CAP
by Request
Comparable Approach Comparable
$751k
Blend (final) Blend
$805k

Owner & transaction history

since 2020
Last sale
$835,000
5 recorded transactions
2020
Price N/A
2019
$860,000
2006
$835,000
2006
Price N/A
1969
Price N/A

Zoning & alternative use

ELDD B-N · Vale, NC
Top alternative use upside
Warehouse, storage $960,000 +56.6%
Commercial (general) $680,000 +11.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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