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Property profile & analytics
OFF-MARKET
Estimated value
$765,000
Distribution properties
1901 Vly Pkwy, Monroe, NC 28110-8586
Individually Owned
6-yr Hold
Property ID
US53-1759768
Property profile
Verified
Property type
Distribution properties
Use group
BUS TERMINAL
Year built
2001
Construction
WOOD
Total area
14,080 SF
Lot
8.61 ac (375,052 SF)
Zoning code
LI INDIAN TRAIL
APN
09-366-021
UPID
US53-1759768
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
-
Carolina Grading Services General Contractor Construction Company
-
Hedrick Logistics Specialists, Inc. Trucking Company
-
Trailer Express Inc. Car Dealership
-
Carolina Brick & Materials Building Supply Industrial Manufacturer
-
Carolina Ready-Mix Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$475k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.05M
Blend (final)
Blend
$765k
Owner & transaction history
Sun Valley Business Park · 6 yrs held
Sun Valley Business Park
since 2020
7 recorded transactions
Zoning & alternative use
LI INDIAN TRAIL · Monroe, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$1.2M
+90.0%
Auto repair, garage
$750,000
+15.4%
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 Monroe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monroe 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
by Request
ML approach
$475,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
TRUCK TERMINAL (MOTOR FREIGHT)
$650,000
Current use
APARTMENT HOUSE (5+ UNITS)
$1,235,000
Change: +90% · Conversion: Difficult
AUTO REPAIR, GARAGE
$750,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$765k
Range $689k – $842k · ±10%
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
$54 / 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
$13,828
Tax year 2023
Assessed value
$1,189,800
Assessed 2023
Previous assessed
$1,189,800
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$430,500
Assessed improvement
$759,300
Land market value
$430,500
Improvement market value
$759,300
Total market value
$1,189,800
Applied tax rate
619.0000
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
Distribution properties
Use group
BUS TERMINAL
Status
Off-Market
Year built
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Rooms
5
Bathrooms
2
Total area
14,080 SF
Lot
8.61 ac (375,052 SF)
Zoning code
LI INDIAN TRAIL
APN
09-366-021
UPID
US53-1759768
Jurisdiction
UNION
Zoning & alternative use
LI INDIAN TRAIL · Monroe, NC
Zoning LI INDIAN TRAIL · permitted uses
LI INDIAN TRAIL · Monroe, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monroe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
TRUCK TERMINAL (MOTOR FREIGHT) Current
Est. value
$650,000
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$750,000
TRUCK TERMINAL (MOTOR FREIGHT) Current
APARTMENT HOUSE (5+ UNITS)
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
2001
Construction
WOOD
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
5
Bathrooms
2
Lot
8.61 ac
Current owner
From public records · entity-resolved
Sun Valley Business Park
Individual
Mailing address
1901 VLY PKWY STE #100, MONROE, NC 28110-6515
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Apr 16, 2020
—
Sun Valley Business Park
—
Deed
related
$1,600,000 · Truist Bk
Sep 27, 2010
—
Sun Valley Business Park LP
—
Deed Of Trust
related
$2,371,301 · Fifth Third Bank
Sep 23, 2004
—
Valley Busn Busn Park Sun
—
Trustees Deed
related
$775,680 · First Charter Bank
—
—
Sun Valley Business Park LP
—
Deed Of Trust
related
$549,670 · Fifth Third Bank
—
—
Sun Valley Business Park LP
—
Deed Of Trust
related
$1,005,000 · Branch Bk&tr
—
—
Sun Valley Business Park
—
Deed Of Trust
related
$1,600,000 · Truist Bk
—
—
Sun Valley Business Park Ltd
—
Deed Of Trust
related
$950,000 · Nafh National Bank
—
—
Sun Valley Business Park LP
—
Deed Of Trust
related
$250,000 · Nafh National Bank
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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