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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Retail space
19921 Zion Ave Cornelius, NC 28031-8883
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-4011966
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2015
Total area
5,040 SF
Lot
1 ac (43,522 SF)
Zoning code
CZ(MPD)
APN
751198
UPID
US53-4011966
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
-
Baskin-Robbins Grocery & Convenience Store Specialty Food Shop
-
Tazzy & Boo Pet Foods, Self Wash & Grooming Pet Grooming Service
-
Dunkin' Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$638k
Blend (final)
Blend
$640k
Owner & transaction history
Antiquity Town Center II LLC · 10 yrs held
Antiquity Town Center II LLC
since 2016
4 recorded transactions
Zoning & alternative use
CZ(MPD) · Cornelius, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Conditional Zoning Districts (CZ) may be utilized to create new unique districts for those uses or developments noted to allow for CZ. CZ may be utilized in an effort to allow for those situations where a particular use or development, if properly planned, may have particular benefits or impacts on both the immediate area and the community as a whole. The de…
Zone name
Conditional Zoning Mixed Use Planned
General category
MIXED_USE
Zone area
619.16 ac
Source
Realmo
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$640k
Range $576k – $704k · ±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
$127 / 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
$12,102
Tax year 2023
Assessed value
$1,872,800
Assessed 2024
Previous assessed
$1,917,600
-2.3% YoY
Effective rate
0.65%
On assessed value
Assessed land
$793,900
Assessed improvement
$1,078,900
Land market value
$793,900
Improvement market value
$1,078,900
Total market value
$1,872,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2015
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
5,040 SF
Lot
1 ac (43,522 SF)
Zoning code
CZ(MPD)
APN
751198
UPID
US53-4011966
Jurisdiction
MECKLENBURG
Zoning & alternative use
CZ(MPD) · Cornelius, NCZoning CZ(MPD) · permitted uses
CZ(MPD) · Cornelius, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Conditional Zoning Districts (CZ) may be utilized to create new unique districts for those uses or developments noted to allow for CZ. CZ may be utilized in an effort to allow for those situations where a particular use or development, if properly planned, may have particular benefits or impacts on both the immediate area and the community as a whole. The development of these uses cannot be predetermined or controlled by general district standards. The applicant must provide an initial proposal that includes all proposed uses and standards for the conditional zoning district being proposed.
Zone name
Conditional Zoning Mixed Use Planned
General category
MIXED_USE
Zone area
619.16 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2015
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1 ac
Current owner
From public records · entity-resolved
Antiquity Town Center II LLC
Entity
Free & Clear · 10 yrs held
Mailing address
PO BOX 843, WILKESBORO, NC 28697-0843
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 9, 2017
—
Antiquity Town Center II LLC
—
Grant Deed
related
$4,000,000 · 40/86 Mtg Cap
Feb 28, 2017
—
Antiquity Town Center II LLC
—
Deed
related
$1,000,000 · Blueharbor Bank
Sep 9, 2016
—
Antiquity Town Center II LLC
—
Trustees Deed
related
$999,000 · Blueharbor Bk
May 16, 2016
—
Antiquity Town Center II LLC
Antiquity Town Center LLC
Quit Claim Deed
—
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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