Realmo Analytics

Unlock property reports, ownership, financials, or compile property list owners likely to sell.

Property profile

414 N Meriah St Landis, NC 28088

FOR LEASE
Industrial properties
Property ID
US53-2306690
21,342 SF 7.78 ac lot Built 1959
Last sale May 2021 · $610,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$3k
Tax billed · 2023
Assessed value$317k
Assessed land$285k
Assessed improvement$32k
Effective rate1.07%

Value estimate

· Oct 2026
$590k
$531k – $649k
AI approach$620k
Submarket $/SF estimate$406k
NOI build-up
Gross scheduled income$322k
Vacancy & credit loss−$26k
Operating expenses−$89k
NOI · 3,186,507.69% cap applied$207k

Realmo valuation models over county records and 9 qualifying comparable sales.

Recently sold

What actually traded nearby?
$39/SF
County average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$19 – $64
Qualifying comparables9

Cap rate analysis

How does the asset earn?
3,186,507.69%
$207k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
M1:LIGHT INDUSTRIAL
JurisdictionROWAN

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.3
Dental Office14.1
Law Firm13.8

Location

414 N Meriah St Landis, NC 28088
County assessor Recorded deeds · 3 transfers 9 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1555 Pinnacle Way, Landis, NC 28088-1949 $3,880,000 Oct 2025 34,900 SF
115 Gdn, Landis, NC 28088-1301 $1,150,000 Feb 2024 14,300 SF
100 Main, Landis, NC 28088 $1,950,000 Feb 2024 99,730 SF
110 Upright, Landis, NC 28088-1530 $620,000 Oct 2020 46,000 SF
501 Main, Landis, NC 28088-1717 $1,350,000 Jan 2020 69,191 SF
1500 Pinnacle Way, Landis, NC 28088-1948 $425,000 Aug 2019 8,500 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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