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Property profile & analytics
OFF-MARKET
Estimated value
$690,000
Grocery and convenience stores
304 Unionville Indian Trl W Rd, Indian Trail, NC 28079-7593
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-3778099
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1999
Total area
3,876 SF
Lot
1.89 ac (82,241 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-084-324B
UPID
US53-3778099
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$880k
Comparable Approach
Comparable
$812k
Blend (final)
Blend
$690k
Owner & transaction history
Sams Investments Viii LLC · 3 yrs held
Sams Investments Viii LLC
since 2022
4 recorded transactions
Zoning & alternative use
RBD INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+82.6%
Office building
$635,000
+7.8%
Auto repair, garage
$615,000
+4.5%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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%
$950,000
6.5%
$880,000
7%
$815,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$590,000
Current use
RETAIL STORES
$1,075,000
Change: +83% · Conversion: Easy
OFFICE BUILDING
$635,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$615,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$610,000
Change: +4% · Conversion: Easy
WAREHOUSE, STORAGE
$520,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$690k
Range $621k – $759k · ±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
$178 / 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
$20,495
Tax year 2023
Assessed value
$2,349,700
Assessed 2023
Previous assessed
$2,088,700
+12.5% YoY
Effective rate
0.87%
On assessed value
Assessed land
$1,699,200
Assessed improvement
$650,500
Land market value
$1,699,200
Improvement market value
$650,500
Total market value
$2,349,700
Applied tax rate
623.0000
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1999
Heating
YES
Buildings
2
Stories
1
Total area
3,876 SF
Lot
1.89 ac (82,241 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-084-324B
UPID
US53-3778099
Jurisdiction
UNION
Zoning & alternative use
RBD INDIAN TRAIL · Indian Trail, NC
Zoning RBD INDIAN TRAIL · permitted uses
RBD INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$590,000
RETAIL STORES
Est. value
$1.1M
OFFICE BUILDING
Est. value
$635,000
AUTO REPAIR, GARAGE
Est. value
$615,000
COMMERCIAL (GENERAL)
Est. value
$610,000
WAREHOUSE, STORAGE
Est. value
$520,000
NEIGHBORHOOD: SHOPPING CENTER Current
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
YES
Stories
1
Buildings
2
Lot
1.89 ac
Current owner
From public records · entity-resolved
Sams Investments Viii LLC
Entity
Free & Clear · 3 yrs held
Mailing address
7935 COUNCIL PL, MATTHEWS, NC 28105-1006
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2022
—
Sams Investments Viii LLC
Sams Investments Viii LLC
Intrafamily Transfer
related
—
Aug 10, 2018
—
Sams Investments Viii LLC
S L & E Investments LLC
Special Warranty Deed
$75,000 · Deutsche Bank National Trust Co
Sep 23, 2010
$1,322,000
Sl & E Investments LLC
Exxon Mobil Corp
Grant Deed
$70,000,000 · Regions Bank
—
—
S L & E Investments LLC
—
Deed Of Trust
related
$69,693,000 · Wells Fargo Bank
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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