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Property profile & analytics
OFF-MARKET
Estimated value
$1,385,000
Retail space
16516 Old Statesville Rd, Huntersville, NC 28078-9416
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1233026
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1945
Total area
4,066 SF
Lot
2.71 ac (118,048 SF)
Zoning code
CB
APN
1102108
UPID
US53-1233026
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
-
Stonebridge Facility Services Inc Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.45M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.78M
Blend (final)
Blend
$1.39M
Owner & transaction history
Rock View Legacy INC · 4 yrs held
Rock View Legacy INC
since 2022
Last sale
$1.4M
7 recorded transactions
Zoning & alternative use
CB · Huntersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.5M
+13.9%
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 Huntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntersville 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
$1,370,000
ML approach
$1,450,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,290,000
Current use
MEDICAL BUILDING
$1,470,000
Change: +14% · Conversion: Difficult
OFFICE BUILDING
$1,290,000
Change: 0% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,175,000
Change: -9% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,115,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.39M
Range $1.25M – $1.52M · ±10% · vs last sale $1.37M (Jan 5 2022)
Last sale anchor
$1.37M
Jan 5 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
$341 / 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
$8,438
Tax year 2023
Assessed value
$1,299,900
Assessed 2024
Previous assessed
$1,390,000
-6.5% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,012,800
Assessed improvement
$287,100
Land market value
$1,012,800
Improvement market value
$287,100
Total market value
$1,299,900
Applied tax rate
4.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1945
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
4,066 SF
Lot
2.71 ac (118,048 SF)
Zoning code
CB
APN
1102108
UPID
US53-1233026
Jurisdiction
MECKLENBURG
Zoning & alternative use
CB · Huntersville, NC
Zoning CB · permitted uses
CB · Huntersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntersville. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1945
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
2.71 ac
Current owner
From public records · entity-resolved
Rock View Legacy INC
Entity
Mailing address
16618 OLD STATESVILLE RD, HUNTERSVILLE, NC 28078-9582
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2022
$1,365,000
Rock View Legacy INC
One Eyed Pirate Group LLC
Special Warranty Deed
$1,160,250 · United Community Bank
Oct 16, 2017
—
One Eyed Pirate Group LLC
One Eyed Pirate Group LLC
Quit Claim Deed
related
—
Jul 1, 2016
—
One Eyed Pirate Group LLC
One Eyed Pirate Group LLC
Quit Claim Deed
related
—
May 13, 2016
$494,000
One Eyed Pirate Group LLC
Lochaven Devlopmening LLC
Warranty Deed
$374,000 · Yadkin Bank
May 4, 2009
—
Lochaven Dev LLC
—
Trustees Deed
related
$100,000 · Ncbt
Apr 23, 2007
—
Lochaven Dev LLC
Jeffrey,michael & Mary
Warranty Deed
$255,000 · Scottish Bank
Jul 30, 2004
$269,000
Jeffrey,michael & Mary
Knox,john W & Evelyn H
Warranty Deed
$215,200 · Scottish Bk
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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