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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Commercial land
3308 Faith Church Rd Indian Trail, NC 28079-9300
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-3739364
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1974
Lot
4.88 ac (212,486 SF)
Zoning code
GB LAKE PARK
APN
07-066-006A
UPID
US53-3739364
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
$665k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Drb Group North Carolina LLC · 1 yrs held
Drb Group North Carolina LLC
since 2025
Last sale
$740,000
7 recorded transactions
Zoning & alternative use
GB LAKE PARK · Indian Trail, 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 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
$690,000
ML approach
$665,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $740k (Nov 21 2023)
Last sale anchor
$740k
Nov 21 2023
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
—
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
$5,619
Tax year 2023
Assessed value
$673,200
Assessed 2023
Previous assessed
$673,200
+0.0% YoY
Effective rate
0.83%
On assessed value
Assessed land
$673,200
Land market value
$673,200
Total market value
$673,200
Applied tax rate
963.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1974
Heating
YES
Stories
1
Lot
4.88 ac (212,486 SF)
Zoning code
GB LAKE PARK
APN
07-066-006A
UPID
US53-3739364
Jurisdiction
UNION
Zoning & alternative use
GB LAKE PARK · Indian Trail, NC
Zoning GB LAKE PARK · permitted uses
GB LAKE PARK · 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.
Building & site characteristics
From public records
Year built
1974
Heating
YES
Stories
1
Lot
4.88 ac
Current owner
From public records · entity-resolved
Drb Group North Carolina LLC
Entity
Free & Clear · 1 yrs held
Mailing address
2099 GAITHER RD, ROCKVILLE, MD 20850-4089
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2025
$3,000,000
Drb Group North Carolina LLC
Lucas Lands LLC
Special Warranty Deed
—
Nov 21, 2023
—
Drb Group North Carolina LLC
Lucas Lands LLC
Intrafamily Transfer
related
—
Nov 24, 2020
—
Lucas Lands LLC
—
Deed
related
$696,200 · Truist Bk
Jun 15, 2020
—
Lucas Lands LLC
—
Deed
related
$852,750 · Truist Bank
Oct 24, 2018
—
Lucas Lands LLC
—
Deed
related
$400,000 · Branch Bk&tr
Jan 11, 2017
—
Lucas Lands LLC
—
Deed
related
$235,000 · Branch Bk&tr
Nov 22, 2016
$740,000
Lucas Lands LLC
Garnet Indian Trail Road R/e L
Grant Deed
$740,000 · Branch Bk&tr
Jun 28, 2012
$585,500
Indian Trail Road R E L Garnet
Atlas Nc I Spe LLC
Grant Deed
—
Jul 17, 2009
$2,100,000
Atlas Nc I Spe LLC
Simpson David T JR
Trustees Deed
related
—
—
—
Lucas Lands LLC
—
Deed Of Trust
related
$400,000 · Branch Bk&tr
—
—
Lucas Lands LLC
—
Deed Of Trust
related
$235,000 · Branch Bk&tr
—
—
Lucas Lands LLC
—
Deed Of Trust
related
$696,200 · Truist Bk
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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