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Property profile & analytics
FOR LEASE
Retail space
21310 Catawba Ave, Cornelius, NC 28031
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-5716373
For Lease
1 / 3
Contact for pricing
21310 Catawba Ave, Cornelius, NC 28031
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Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1950
Total area
1,288 SF
Lot
0.02 ac (1,088 SF)
Zoning code
TC
APN
521219
UPID
US53-5716373
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
-
Samaya Organics Specialty Food Shop Grocery & Convenience Store
-
Lavender Boutique Clothing Store
-
Lane Salon Hair Salon
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
Brm Properties LLC · 7 yrs held
Brm Properties LLC
since 2019
4 recorded transactions
Zoning & alternative use
TC · 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
$1,847
Tax year 2023
Assessed value
$285,900
Assessed 2024
Previous assessed
$285,900
+0.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$22,900
Assessed improvement
$263,000
Land market value
$22,900
Improvement market value
$263,000
Total market value
$285,900
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
For Lease
Year built
1950
Heating
HEAT PUMP
Cooling
YES
Stories
1
Rooms
2
Total area
1,288 SF
Lot
0.02 ac (1,088 SF)
Zoning code
TC
APN
521219
UPID
US53-5716373
Jurisdiction
MECKLENBURG
Zoning & alternative use
TC · Cornelius, NC
Zoning TC · permitted uses
TC · 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
1950
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Rooms
2
Lot
0.02 ac
Current owner
From public records · entity-resolved
Brm Properties LLC
Entity
Mailing address
19208 CAPTAINS WATCH RD, CORNELIUS, NC 28031-7586
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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
May 16, 2019
$274,500
Brm Properties LLC
Rwb Homes LLC
Warranty Deed
$233,483 · Branch Banking And Trust Co
Jul 17, 2017
$233,000
Rwb Homes LLC
Guthrie,cathy B
Warranty Deed
$220,000 · Kimberly S Williams
Sep 10, 2004
$90,000
Cathy B Guthrie
21310 Catawba Avenue LLC
Warranty Deed
$75,000 · Raymond Williams
—
—
Cathy B Guthrie
—
Deed Of Trust
related
$25,000 · Christopher A & Cynthia Burton
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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