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    Property profile & analytics

    198 Old Gin Rd Mount Ulla, NC 28125-7808

    • Commercial real estate
    • 41.74 lot acres
    OFF-MARKET
    Value Estimation
    $315,000
    Location Intelligence
    Property ID
    US53-3107925
    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

    • Commercial real estate

    Property Details for 198 Old Gin Rd

    Year built
    1990
    Lot size
    41.74 lot acres
    Zone code
    RA
    Property type
    Commercial real estate
    APN
    212 004
    APU
    212004

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Mount Ulla
    County
    Rowan
    State
    North Carolina
    Longitude
    -80.6909
    Latitude
    35.6198
    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
    $1,087
    $112,280
    $50,000
    $162,280
    -
    $112,280
    $50,000
    $162,280

    Comparable in this City

    • Value Estimation
      $170,000
      1,368 SF

      610 Bradshaw Rd

      COMMERCIAL (GENERAL) • 1,368 SF
      610 Bradshaw Rd, Mount Ulla, NC 28125-9775
      View Details
    • Value Estimation by Request
      1,200 SF

      11625 Nc Hwy 801

      RETAIL STORES (PERSONAL SERVICES) • 1,200 SF
      11625 Nc Hwy 801, Mount Ulla, NC 28125
      View Details
    • Value Estimation
      $350,000
      6,120 SF

      1135 Mazeppa Rd

      MINI-WAREHOUSE, STORAGE • 6,120 SF
      1135 Mazeppa Rd, Mount Ulla, NC 28125-9703
      View Details
    • Value Estimation
      $405,000
      4,136 SF

      555 Edmiston Rd

      AUTO REPAIR, GARAGE • 4,136 SF
      555 Edmiston Rd, Mount Ulla, NC 28125
      View Details
    • Value Estimation
      $485,000
      2,480 SF

      2230 Hall Rd

      WAREHOUSE, STORAGE • 2,480 SF
      2230 Hall Rd, Mount Ulla, NC 28125
      View Details
    • Value Estimation
      $385,000
      1,518 SF

      535 Hall Rd

      WAREHOUSE, STORAGE • 1,518 SF
      535 Hall Rd, Mount Ulla, NC 28125
      View Details

    Similar Nearby for Sale

    • $79,900
      0.19 Acres

      Commercial Lot on Highway 801

      Corner lot on highly traveled highway, suitable for various businesses.
      11625 Nc 801 Hwy, Mt Ulla, NC 28125
      View Details
    • $524,900
      Pending

      27+ Acres Ready for Transformation

      Over 27 acres of land ready for development.
      Jones Rd, Mt Ulla, NC 28125
      View Details
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    198 Old Gin Rd
    Mount Ulla, NC 28125-7808
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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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