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Property profile & analytics
OFF-MARKET
Mobile home & RV parks
1602 Glimmering Sands Ln Conover, NC 28613-9420
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1944448
Property profile
Verified
Property type
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Year built
1900
Lot
0.52 ac (22,651 SF)
Zoning code
R-20
APN
3744-07-58-9492
UPID
US53-1944448
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
William A Houston · 1 yrs held
William A Houston
since 2025
1 recorded transaction
Zoning & alternative use
R-20 · Conover, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The R-20 residential district is established as a district in which the principal use of the land is for low density residential and agricultural purposes. Multifamily housing is permitted and mobile home parks are permitted subject to the granting of a conditional zoning district by the council. This district is intended to ensure that residential developme…
Zone name
Residential General
General category
RESIDENTIAL
Zone area
2,236.78 ac
Source
Realmo
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 Conover submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Conover 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
$40
Tax year 2023
Assessed value
$7,700
Assessed 2023
Previous assessed
$8,700
-11.5% YoY
Effective rate
0.52%
On assessed value
Land market value
$7,700
Improvement market value
$1,000
Total market value
$8,700
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
Mobile home & RV parks
Use group
MOBILE HOME PARK, TRAILER PARK
Status
Off-Market
Year built
1900
Heating
NONE
Lot
0.52 ac (22,651 SF)
Zoning code
R-20
APN
3744-07-58-9492
UPID
US53-1944448
Jurisdiction
CATAWBA
Zoning & alternative use
R-20 · Conover, NCZoning R-20 · permitted uses
R-20 · Conover, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The R-20 residential district is established as a district in which the principal use of the land is for low density residential and agricultural purposes. Multifamily housing is permitted and mobile home parks are permitted subject to the granting of a conditional zoning district by the council. This district is intended to ensure that residential development not having access to public water supplies and dependent upon septic tanks for sewage disposal will occur at a sufficiently low density to provide a healthful environment. The district is designed to allow the orderly conversion of land from rural to urban densities without necessitating rezoning of parcels.
Zone name
Residential General
General category
RESIDENTIAL
Zone area
2,236.78 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1900
Heating
NONE
Lot
0.52 ac
Current owner
From public records · entity-resolved
William A Houston
Individual
Free & Clear · 1 yrs held
Mailing address
633 21ST ST SE, HICKORY, NC 28602-4434
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 6, 2025
—
William A Houston
Jeffrey Dane Houston
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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