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    Property profile & analytics

    19631 Catawba Ave Cornelius, NC 28031-4002

    • Drug stores
    • 14,884 SF
    • 2.15 lot acres
    OFF-MARKET
    Value Estimation
    $6,300,000
    Last Sale
    Oct 04, 2023
    $6,079,000
    Location Intelligence
    Property ID
    US53-5677645
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Walgreens Photo / Photo Shop / Passport Photo Processor
    • Cardtronics ATM / Atm
    • COVID-19 Drive-Thru Testing at Walgreens / Pharmacy
    • Sonja Hitchman, PharmD / Pharmacy
    • Western Union / Money Transfer Service

    Property Details for 19631 Catawba Ave

    Year built
    2002
    Lot size
    2.15 lot acres
    Property size
    14,884 SF
    Zone code
    VC
    Property type
    Drug stores
    APN
    110103
    APU
    110103

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,375,000

    • CAP approach

      CAP return
      Estimation
      6%
      $6,290,000
      6.5%
      $5,575,000
      7%
      $6,310,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,325,000
      Geo Method
      $5,460,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,625,000
      Retail
      $5,960,000
      Mixed-Use
      $6,285,000
      Hospitality
      $5,660,000
      Educational
      $7,770,000
      Residential Income
      $5,620,000
      Energy
      $6,815,000
      Income-Based Land
      $7,695,000
      Food Service
      $6,755,000

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8895
    Latitude
    35.4805
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $33,013
    $2,836,100
    $2,272,700
    $5,108,800
    -
    $2,836,100
    $2,272,700
    $5,108,800

    Comparable in this City

    • Value Estimation by Request
      10,791 SF

      19305 Catawba Ave

      DRUG STORE, PHARMACY • 10,791 SF
      19305 Catawba Ave, Cornelius, NC 28031-8649
      View Details
    • Value Estimation by Request
      5,698 SF

      17010 Kenton Dr

      FINANCIAL BUILDING • 5,698 SF
      17010 Kenton Dr, Cornelius, NC 28031-5642
      View Details
    • Value Estimation by Request
      2,400 SF

      20900 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      20900 Main St, Cornelius, NC 28031-8408
      View Details
    • Value Estimation by Request
      42,338 SF

      17830 Statesville Rd

      RETAIL STORES (PERSONAL SERVICES) • 42,338 SF
      17830 Statesville Rd, Cornelius, NC 28031-9173
      View Details
    • Value Estimation by Request
      5,776 SF

      20528 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,776 SF
      20528 Main St, Cornelius, NC 28031-8522
      View Details
    • Value Estimation by Request
      8,031 SF

      19607 Statesville Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,031 SF
      19607 Statesville Rd, Cornelius, NC 28031-8539
      View Details

    Similar Nearby for Sale

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      Retail condo with tenant in place until December 2027.
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    Similar Nearby for Lease

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      Retail space available in downtown Cornelius, delivering summer 2024.
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      View Details
    • Contact for pricing
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      Downtown Cornelius Retail/Restaurant Space

      Historic building in arts district, ideal for restaurant or retail.
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    • Contact for pricing
      11,000 SF

      Historic Mill Space in Cornelius

      Unique retail and office spaces in Old Town Cornelius.
      19725 Oak St, Cornelius, NC 28031
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    • $1,295,000
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      Retail/Office/Medical Space Near I-77

      3344 SF retail/office/medical space near I-77.
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      View Details
    • Contact for pricing
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      Cornelius Retail Space Available

      Prime Retail Space, Multiple Units Available
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      View Details
    • Contact for pricing

      Community Center in Cornelius Submarket

      137,247 SF community center in desirable Cornelius submarket.
      20601 Torrence Chapel Rd, Cornelius, NC 28031
      View Details
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    Cornelius, NC 28031-4002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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