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Property profile & analytics
FOR LEASE
Office Spaces
19520 W Catawba Ave, Cornelius, NC 28031
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-5637973
For Lease
1 / 13
$25 SF/Yr
19520 W Catawba Ave, Cornelius, NC 28031
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2004
Total area
1,518 SF
Lot
1.88 ac (81,980 SF)
Zoning code
VC
APN
512332
UPID
US53-5637973
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
-
Global Affinity Corp Corporate Office
-
Financial Independence Group Bank Credit Union
-
RIA Insurance Solutions Insurance Agency
-
Primerica Insurance Agency
-
Sunbelt: Bill Steffens Real Estate Agency
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
Triangle Management Holding LLC · 1 yrs held
Triangle Management Holding LLC
since 2024
Last sale
$405,000
7 recorded transactions
Zoning & alternative use
VC · Cornelius, 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 Cornelius submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornelius 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
$2,889
Tax year 2023
Assessed value
$447,100
Assessed 2024
Previous assessed
$447,100
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed improvement
$447,100
Improvement market value
$447,100
Total market value
$447,100
Applied tax rate
2.0000
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
2004
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
1,518 SF
Lot
1.88 ac (81,980 SF)
Zoning code
VC
APN
512332
UPID
US53-5637973
Jurisdiction
MECKLENBURG
Zoning & alternative use
VC · Cornelius, NC
Zoning VC · permitted uses
VC · Cornelius, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cornelius. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.88 ac
Current owner
From public records · entity-resolved
Triangle Management Holding LLC
Entity
Free & Clear · 1 yrs held
Mailing address
259 W MURDOCK RD STE 111B, TROUTMAN, NC 28166-9695
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Aug 13, 2024
$405,000
Triangle Management Holding LLC
Jenrette Real Estate LLC
Warranty Deed
—
May 11, 2018
$308,500
Jenrette Real Estate LLC
Sonas Holding II LLC
Grant Deed
—
Dec 20, 2017
—
Sonas Holdings II LLC
—
Deed
related
$180,000 · Charlotto Metro FCU
Jul 27, 2017
$180,000
Sonas Holdings II LLC
R-s Matco INC
Grant Deed
—
Feb 3, 2012
$140,000
R-s Matco INC
Branch Banking & Trust Company
Special Warranty Deed
—
Feb 3, 2011
$261,000
Branch Bkng & Trust Co
Prime America R/e II LLC
Deed In Lieu Of Foreclosure
—
Mar 12, 2007
$385,000
Prime America Real Estate II LLC
Canyon Development Group LLC
Warranty Deed
$327,000 · Branch Banking And Trust Co
—
—
R-s Matco INC
—
Deed Of Trust
related
$100,000 · First 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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