Property profile

3370 Wallace Rd Midland, NC 28107

OFF-MARKET
Industrial properties
Property ID
US53-5247941
12.54 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Lot 12.54 ac (546,242 SF)
Zoning code IND
APN 5543 79 1219
UPID US53-5247941

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3370 Wallace Rd Midland, NC 28107-9487
Midland metro Census 41603 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$675k

Owner & transaction history

since 2021
Last sale
$929,500
1 recorded transaction
2021
$929,500

Zoning & alternative use

IND · Midland, NC
Zoning description

The Industrial District (IND) is established to provide locations for industrial uses that, due to the scale of the buildings and/or the nature of the use, cannot be integrated into the community. Uses within the Industr…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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