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Property profile & analytics
OFF-MARKET
Estimated value
$1,580,000
Specialty properties
3850 Matthews Indian Trl Rd, Indian Trail, NC 28079
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-5495044
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1996
Total area
3,644 SF
Lot
0.74 ac (32,234 SF)
Zoning code
LI INDIAN TRAIL
APN
07-105-023B
UPID
US53-5495044
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
$1.31M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.58M
Owner & transaction history
Carriage Funeral Holdings INC · 3 yrs held
Carriage Funeral Holdings INC
since 2022
Last sale
$1.8M
5 recorded transactions
Zoning & alternative use
LI INDIAN TRAIL · 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
$1,400,000
ML approach
$1,310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.58M
Range $1.42M – $1.74M · ±10% · vs last sale $1.81M (Oct 26 2022)
Last sale anchor
$1.81M
Oct 26 2022
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
$434 / 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
$3,020
Tax year 2023
Assessed value
$313,700
Assessed 2023
Previous assessed
$313,700
+0.0% YoY
Effective rate
0.96%
On assessed value
Assessed land
$77,700
Assessed improvement
$236,000
Land market value
$77,700
Improvement market value
$236,000
Total market value
$313,700
Applied tax rate
620.0000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1996
Heating
NONE
Stories
1
Total area
3,644 SF
Lot
0.74 ac (32,234 SF)
Zoning code
LI INDIAN TRAIL
APN
07-105-023B
UPID
US53-5495044
Jurisdiction
UNION
Zoning & alternative use
LI INDIAN TRAIL · Indian Trail, NC
Zoning LI INDIAN TRAIL · permitted uses
LI 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.
Building & site characteristics
From public records
Year built
1996
Heating
NONE
Stories
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Carriage Funeral Holdings INC
Entity
Mailing address
3040 POST OAK BLVD STE #77056, HOUSTON, TX 77056-6500
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 26, 2022
$1,810,000
Carriage Funeral Holdings INC
Williams Harris Properties LLC
Special Warranty Deed
—
Feb 27, 2014
$285,000
Williams Harris Properties LLC
Nance,patrick T & Dolores L
Warranty Deed
$200,000 · Branch Bk&tr
Sep 22, 2008
$330,000
Patrick Timothy Nance
Jorge A Marcelo
Warranty Deed
$270,000 · Branch Banking And Trust Co
Aug 7, 2007
$330,000
Sdb Columns Millwork
Johnson,robert E & Sally
Warranty Deed
—
—
—
Jorge A Marcelo
—
Deed Of Trust
related
$267,450 · Bank Of America
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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