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Property profile & analytics
OFF-MARKET
Retail space
227 Main St Lincolnton, NC 28092-3332
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1830622
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
4,642 SF
Lot
0.19 ac (8,059 SF)
Zoning code
C-B
APN
556
UPID
US53-1830622
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
-
Kennedy Office Supply (Bike/Boat/Book/etc) Store
-
Glow Method Esthetics Spa & Massage Center
-
Torches Print Shop Textile Manufacturer Factory
-
Mikayla Mosteller Massage and Bodywork Therapy Alternative Medicine Practice Spa & Massage Center
-
Lincolnton Suites on Main Spa & Massage Center Skin Care Clinic
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
746 Limited LLC · 4 yrs held
746 Limited LLC
since 2022
Last sale
$300,000
3 recorded transactions
Zoning & alternative use
C-B · Lincolnton, 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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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
$3,199
Tax year 2023
Assessed value
$308,234
Assessed 2023
Previous assessed
$308,234
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$89,780
Assessed improvement
$218,454
Land market value
$89,780
Improvement market value
$218,454
Total market value
$308,234
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
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
YES
Stories
1
Total area
4,642 SF
Lot
0.19 ac (8,059 SF)
Zoning code
C-B
APN
556
UPID
US53-1830622
Jurisdiction
LINCOLN
Zoning & alternative use
C-B · Lincolnton, NC
Zoning C-B · permitted uses
C-B · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincolnton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1925
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
YES
Cooling
Yes
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
746 Limited LLC
Entity
Mailing address
129 WALNUT RDG DR, IRON STATION, NC 28080-7801
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2022
$300,000
746 Limited LLC
Habitat For Hunanity Of Lincoln Cnt
Warranty Deed
$244,101 · The Fidelity Bank
Dec 16, 2016
$100,000
Habitat For Humanity Of Lincoln
King,samuel C JR & Carol S
Warranty Deed
$80,000 · Peoples Bk
Nov 15, 2005
—
Samuel C King JR.
Owner Name Unavailable
Grant Deed
related
—
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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