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Property profile & analytics
FOR LEASE
Office buildings
19600 W Catawba Ave, Cornelius, NC 28031
Individually Owned
1-yr Hold
Free & Clear
Property ID
US53-5821149
For Lease
1 / 12
$26 SF/Yr
19600 W Catawba Ave, Cornelius, NC 28031
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
27,288 SF
Lot
1.83 ac (79,802 SF)
Zoning code
VC
APN
512309
UPID
US53-5821149
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
-
South Creek Construction Construction Company
-
FARZANEH KESHMIRI-SANCHEZ Dental Office
-
Thebeau & Associates Law Firm
-
Wally Neely - Realtor Real Estate Agency
-
PURE Property Management of North Carolina Property Management Company Real Estate Agent
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$775k
Owner & transaction history
Susan L Mcvey · 1 yrs held
Susan L Mcvey
since 2024
Last sale
$775,000
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
Method
Estimation
Statistic approach
$775,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $775k (Nov 12 2024)
Last sale anchor
$775k
Nov 12 2024
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
$28 / 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
$30,237
Tax year 2023
Assessed value
$4,679,200
Assessed 2024
Previous assessed
$4,695,000
-0.3% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,948,900
Assessed improvement
$2,730,300
Land market value
$1,948,900
Improvement market value
$2,730,300
Total market value
$4,679,200
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 buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1996
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
1
Rooms
6
Total area
27,288 SF
Lot
1.83 ac (79,802 SF)
Zoning code
VC
APN
512309
UPID
US53-5821149
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Rooms
6
Lot
1.83 ac
Current owner
From public records · entity-resolved
Susan L Mcvey
Individual
Free & Clear · 1 yrs held
Mailing address
19520 W CATAWBA AVE STE #200, CORNELIUS, NC 28031-3709
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2024
$775,000
Susan L Mcvey
Janet L Larosa
Warranty Deed
—
Jul 23, 2024
$325,000
Randy Allen Stiltner
Thomas J Warnecke
Warranty Deed
—
Oct 7, 2011
—
Weebles Foundation LLC
Lkn Plaza LLC
Warranty Deed
—
Apr 29, 2011
—
Weebles Foundation LLC
Lake Hickory Marina II LLC
Grant Deed
—
Jan 6, 2011
—
Lake Hickory Marina II LLC
Law Offices Of James W Surane Pll
Grant Deed
$723,000 · William H & Erika A Cain
Jan 3, 2011
$800,000
Law Offices Of James W Surane Pll
19600 Nc Hwy 73 Holdings LLC
Grant Deed
—
Jun 16, 2010
$1,801,511
19600 Nc Hwy 73 Holdings LLC
Kirk William B JR
Trustees Deed
related
—
—
—
Weebles Foundation LLC
—
Deed Of Trust
related
$1,171,547 · First National Bank
—
—
Weebles Foundation LLC
—
Deed Of Trust
related
$1,800,000 · Newdominion Bank
—
—
Weebles Foundation LLC
—
Deed Of Trust
related
$300,308 · First 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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