Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3866 Hwy 27 Lincolnton, NC 28092-0709
    Back to Search
    Property profile & analytics

    3866 Hwy 27, Lincolnton, NC 28092-0709

    View on Map
    • Investment properties
    • 1,792 SF
    • 1.46 lot acres
    Off-Market
    Last Sale Jan 8, 2021
    $997,000
    Property ID
    US53-2324571
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 3866 Hwy 27

    Year built
    2011
    Lot size
    1.46 lot acres
    Zone code
    I-G
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    86199
    APU
    86199

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 8, 2021 $997,000 White Realty & Service Corp Bhm Investments LLC Grant Deed —
    Jul 16, 2009 — Roger D Heavner Bryan,roger & Vivian S Warranty Deed $136k · Branch Banking & Trust Co
    — — Bhm Investments LLC — Deed Of Trust · related $131k · First Fsb/lincolnton
    — — Candance B Heavner — Deed Of Trust · related $140k · Peoples Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.1748
    Latitude
    35.4662
    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
    2023
    $1,559
    $34,526
    $196,125
    $230,651
    -
    $34,526
    $196,125
    $230,651

    Comparable in this City

    • Value Estimation by Request
      3,860 SF

      Houser Rd

      STORE/OFFICE (MIXED USE)
      Houser Rd, Lincolnton, NC 28092
      View Details
    • Value Estimation by Request
      2,100 SF

      1485 Startown Rd

      STORE/OFFICE (MIXED USE)
      1485 Startown Rd, Lincolnton, NC 28092-8039
      View Details
    • Value Estimation by Request
      2,400 SF

      1446 106th E Gaston St Ext

      STORE/OFFICE (MIXED USE)
      1446 106th E Gaston St Ext, Lincolnton, NC 28092
      View Details
    • Value Estimation by Request
      1,734 SF

      514 Main St

      STORE/OFFICE (MIXED USE)
      514 Main St, Lincolnton, NC 28092-3410
      View Details
    • Value Estimation by Request
      5,400 SF

      125 Sycamore St

      STORE/OFFICE (MIXED USE)
      125 Sycamore St, Lincolnton, NC 28092-2726
      View Details
    • Value Estimation by Request
      2,400 SF

      2255 Dr Inn Rd

      STORE/OFFICE (MIXED USE)
      2255 Dr Inn Rd, Lincolnton, NC 28092-7073
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      30,536 SF

      Multi-Use Commercial Property Investment

      30,536 SF multi-use property on 5.872 acres for sale.
      208 Lithia Inn Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing

      Wooded Acreage Overlooking Open Views

      Wooded land with creek, well, and easy highway access.
      864 Calloway Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing

      Commercial Land Near Lincolnton Courthouse

      Commercial land near courthouse, banks, post office, stores, and restaurants.
      1297 Highway 150 Byp, Lincolnton, NC 28092
      View Details
    • $190,000
      10.20 Acres

      10-Acre Wooded Land Parcel

      Spacious 10-acre wooded land near schools and shopping.
      Eva Ct, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      1.93 Acres

      Residential Land with Creek Access

      1.93 acre residential lot with creek in Lincolnton, NC
      Hares Way, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      0.45 Acres

      Residential Lot in Magna Vista

      Wooded lot in Lincolnton's Magna Vista subdivision.
      #167 Rolling Rd, Lincolnton, NC 28092
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      15,100 SF

      Lincolnton Office Space for Lease

      Downtown Lincolnton Office Suites Available
      212 Main St, 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
    • $875 /Mo

      Lincolnton Commercial Space For Rent

      Office/commercial/retail space available in Lincolnton, North Carolina.
      117 Vandiver Dr, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      304,357 SF

      Lincolnton Warehouse Space for Lease

      Large warehouse space available for lease in Lincolnton, North Carolina.
      190 Cochrane Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing

      Lincolnton Industrial Property for Lease

      119,652 SF industrial space on 43 acres in Lincolnton.
      129 Legionaire Dr, Lincolnton, NC 28092
      View Details
    • Contact for pricing

      Commercial Property for Lease

      Commercial property available for lease in Lincolnton, North Carolina.
      190 Cochrane Rd, Lincolnton, NC 28092
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3866 Hwy 27
    Lincolnton, NC 28092-0709
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    3866 Hwy 27, Lincolnton, NC, 28092
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!