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    Property profile & analytics

    4305 A-k Old Monroe Rd Indian Trail, NC 28079

    • Strip malls
    • 10,230 SF
    • 1.16 lot acres
    OFF-MARKET
    Value Estimations
    $1,135,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1446089
    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.

    Current Use by Public Records

    • Strip malls

    Property Details for 4305 A-k Old Monroe Rd

    Year built
    2001
    Lot size
    1.16 lot acres
    Property size
    10,230 SF
    Zone code
    GBD INDIAN TRAIL
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    07-114-081
    APU
    7114081

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,431,000
      Market price range: $487k - $2.26M

    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $1,550,000
      Current use
      OFFICE BUILDING
      $1,670,000
      Change: +8% Conversion: Moderate
      AUTO REPAIR, GARAGE
      $1,620,000
      Change: +4% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,605,000
      Change: +4% Conversion: Easy
      WAREHOUSE, STORAGE
      $1,375,000
      Change: -11% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Indian Trail
    County
    Union
    State
    North Carolina
    Longitude
    -80.6775
    Latitude
    35.0677
    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
    $12,917
    $640,800
    $853,900
    $1,494,700
    -
    $640,800
    $853,900
    $1,494,700

    Comparable in this City

    • Value Estimation
      $500,000
      14,426 SF

      1001 Van Buren Ave

      SHOPPING CENTER, STRIP CENTER • 14,426 SF
      1001 Van Buren Ave, Indian Trail, NC 28079-5541
      View Details
    • Value Estimation
      $1,680,000
      6,081 SF

      310 Unionville Indian Trl W Rd

      SHOPPING CENTER, STRIP CENTER • 6,081 SF
      310 Unionville Indian Trl W Rd, Indian Trail, NC 28079-7593
      View Details
    • Value Estimation
      $950,000
      9,400 SF

      601 Indian Trl Rd

      SHOPPING CENTER, STRIP CENTER • 9,400 SF
      601 Indian Trl Rd, Indian Trail, NC 28079
      View Details
    • Value Estimation
      $1,335,000
      10,200 SF

      325 Unionville Indian Trl W Rd

      SHOPPING CENTER, STRIP CENTER • 10,200 SF
      325 Unionville Indian Trl W Rd, Indian Trail, NC 28079-7819
      View Details
    • Value Estimation by Request
      4,400 SF

      313 Indian Trl N Rd

      SHOPPING CENTER, STRIP CENTER • 4,400 SF
      313 Indian Trl N Rd, Indian Trail, NC 28079-7624
      View Details
    • Value Estimation by Request
      8,400 SF

      Waxhaw Indian Trl

      SHOPPING CENTER, STRIP CENTER • 8,400 SF
      Waxhaw Indian Trl, Indian Trail, NC 28079
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      102,360 SF

      Neighborhood Shopping Center For Sale

      Neighborhood shopping center with development potential in Indian Trail, NC.
      5850 Highway 74 W, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Prime Land Parcel For Sale

      Approximately 9 acres of land suitable for various commercial uses.
      2119 Younts Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Wooded Lot Near Interstate

      Serene wooded lot near the interstate and local restaurants.
      000 Rose Dr, Indian Trail, NC 28079
      View Details
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      Residential Lot in Rushing Park

      Generously sized lot in a convenient, peaceful neighborhood with no HOA.
      118A Cherokee Ln, Indian Trail, NC 28079
      View Details
    • $1,999,999
      71.38 Acres

      Farm Land in Indian Trail

      71+/- acre farm land with pasture, woods, and creek.
      315 Brief Rd W, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      Bonterra Vlg Way, Indian Trail, NC 28079
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      5,255 SF

      Retail Space in Indian Trail

      Neighborhood shopping center anchored by Harris Teeter and Wells Fargo.
      6580-6640 Old Monroe Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Retail Space in Sun Valley

      Neighborhood shopping center anchored by Harris Teeter and Wells Fargo.
      Old Monroe Rd And Wesley Stout Chapel Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Former Pharmacy Retail/Office Opportunity

      10,125 SF former pharmacy on 1.756 acres for rent.
      4300 Old Monroe Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Retail Space Near Harris Teeter

      1,502 SF retail space available in Indian Trail, NC.
      6601 Old Monroe Rd, Indian Trail, NC 28079
      View Details
    • Contact for pricing
      1,200 SF

      Retail Space on Independence Blvd

      Retail spaces available in high-growth Indian Trail market.
      13719 E Independence Blvd, Indian Trail, NC 28079
      View Details
    • Contact for pricing

      Turn-Key Automotive Facility For Rent

      High-traffic location with existing dealership license and service capacity.
      13607 E Independence Blvd, Indian Trail, NC 28079
      View Details
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    Indian Trail, NC 28079
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    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
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