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Property profile & analytics
FOR LEASE
Auto shops
230 Lockhart Rd Kannapolis, NC 28083
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-3260580
For Lease
Contact for pricing
230 Lockhart Rd, Kannapolis, NC 28083
View Listing →
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1975
Construction
STEEL FRAME
Total area
2,250 SF
Lot
13.33 ac (580,655 SF)
Zoning code
CBI
APN
145 00901
UPID
US53-3260580
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
-
SCTrailers Production Facility
-
HIDEZ Animal Compression Suits USA Distribution Center Logistics Company
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
Atkinson N C Rentals LLC · 7 yrs held
Atkinson N C Rentals LLC
since 2019
1 recorded transaction
Zoning & alternative use
CBI · Kannapolis, 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 Kannapolis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Kannapolis 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
$5,960
Tax year 2023
Assessed value
$913,333
Assessed 2023
Previous assessed
$871,799
+4.8% YoY
Effective rate
0.65%
On assessed value
Assessed land
$453,220
Assessed improvement
$460,113
Land market value
$453,220
Improvement market value
$460,113
Total market value
$913,333
Applied tax rate
117.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
For Lease
Year built
1975
Construction
STEEL FRAME
Heating
YES
Buildings
2
Stories
1
Units
1
Total area
2,250 SF
Lot
13.33 ac (580,655 SF)
Zoning code
CBI
APN
145 00901
UPID
US53-3260580
Jurisdiction
ROWAN
Zoning & alternative use
CBI · Kannapolis, NC
Zoning CBI · permitted uses
CBI · Kannapolis, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Kannapolis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1975
Construction
STEEL FRAME
Heating
YES
Stories
1
Buildings
2
Units
1
Lot
13.33 ac
Current owner
From public records · entity-resolved
Atkinson N C Rentals LLC
Entity
Free & Clear · 7 yrs held
Mailing address
11541 US HWY 29, CHATHAM, VA 24531-3467
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
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 18, 2019
—
Atkinson N C Rentals LLC
Atkinson,j R
Quit Claim 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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