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    Property profile & analytics

    3181 Progress Dr Lincolnton, NC 28092-5203

    • Manufacturing properties
    • 90,009 SF
    • 9.59 lot acres
    OFF-MARKET
    Value Estimation
    $6,120,000
    Last Sale
    Feb 05, 2024
    $6,150,000
    Location Intelligence
    Property ID
    US53-2049238
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • R W Garcia Corporation / Food Store

    Property Details for 3181 Progress Dr

    Year built
    2003
    Construction
    STEEL FRAME
    Lot size
    9.59 lot acres
    Property size
    90,009 SF
    Zone code
    I-G
    Property type
    Manufacturing properties
    APN
    82347
    APU
    82347

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,150,000

    • CAP approach

      CAP return
      Estimation
      6%
      $5,695,000
      6.5%
      $5,805,000
      7%
      $6,755,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $5,860,000
      Geo Method
      $6,820,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $5,780,000
      Retail
      $5,660,000
      Mixed-Use
      $5,440,000
      Hospitality
      $4,910,000
      Educational
      $6,330,000
      Residential Income
      $5,745,000
      Energy
      $5,095,000
      Income-Based Land
      $6,210,000
      Food Service
      $5,705,000

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.2276
    Latitude
    35.5416
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $37,602
    $474,098
    $5,731,459
    $6,205,557
    -
    $474,098
    $5,731,459
    $6,205,557

    Comparable in this City

    • Value Estimation by Request
      220,808 SF

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      MANUFACTURING (LIGHT) • 220,808 SF
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    • Value Estimation by Request
      17,020 SF

      1175 Lyn Wl Rd

      MANUFACTURING (LIGHT) • 17,020 SF
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    • Value Estimation by Request
      63,677 SF

      2001 Kawai Rd

      MANUFACTURING (LIGHT) • 63,677 SF
      2001 Kawai Rd, Lincolnton, NC 28092-6976
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    • Value Estimation by Request
      158,450 SF

      124 Legionaire Dr

      MANUFACTURING (LIGHT) • 158,450 SF
      124 Legionaire Dr, Lincolnton, NC 28092-7282
      View Details
    • Value Estimation
      $415,000
      11,476 SF

      3232 Long Shls Rd

      MANUFACTURING (LIGHT) • 11,476 SF
      3232 Long Shls Rd, Lincolnton, NC 28092-9371
      View Details
    • Value Estimation
      $380,000
      19,280 SF

      1511 Industrial Park Rd

      MANUFACTURING (LIGHT) • 19,280 SF
      1511 Industrial Park Rd, Lincolnton, NC 28092-7935
      View Details

    Similar Nearby for Sale

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    Similar Nearby for Lease

    • $3 SF/Yr
      119,652 SF

      Lincolnton Industrial Property

      119,652 SF Manufacturing/Warehouse
      129 Legionaire Dr, Lincolnton, NC 28092
      View Details
    • $215,250
      134,600 SF

      Industrial Space Ready for Occupancy

      Well-maintained industrial building suitable for manufacturing, distribution, or storage.
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      View Details
    • Contact for pricing
      172,200 SF

      Spacious Warehouse with Extensive Features

      Large warehouse with ample parking, loading docks, and modern amenities.
      621 Lincoln County Parkway Ext, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      392,444 SF

      Prime Lincolnton Warehouse Space

      Large industrial warehouse, multiple spaces available.
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    • $8 SF/Yr
      174,720 SF

      Lincolnton Warehouse Space Available

      174,720 square foot warehouse space for lease.
      3075 Finger Mill Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      115,924 SF

      Lincolnton Warehouse with Expansion Potential

      115,924 SF warehouse with expansion potential in Lincolnton, NC.
      3211 Progress Dr, Lincolnton, NC 28092
      View Details
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    Lincolnton, NC 28092-5203
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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