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Property profile & analytics
OFF-MARKET
Estimated value
$13,065,000
Industrial land
436 Cone Ave, Pineville, NC 28134-8507
Individually Owned
~
Est. High Equity
Property ID
US53-1412532
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Year built
1900
Total area
211,628 SF
Lot
27.68 ac (1,205,871 SF)
Zoning code
DC
APN
22105107
UPID
US53-1412532
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
by Request
CAP Approach
CAP
$18.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.07M
Owner & transaction history
Town Of Pineville
Town Of Pineville
since 2025
7 recorded transactions
Zoning & alternative use
DC · Pineville, 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 Pineville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pineville 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$19,775,000
6.5%
$18,255,000
7%
$16,950,000
Blend value · Realmo final
$13.07M
Range $11.76M – $14.37M · ±10%
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
$62 / 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
$45,050
Tax year 2023
Assessed value
$5,942,500
Assessed 2024
Previous assessed
$5,942,500
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$5,942,500
Land market value
$5,942,500
Total market value
$5,942,500
Applied tax rate
21.0000
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
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Year built
1900
Heating
YES
Cooling
YES
Stories
1
Rooms
1
Total area
211,628 SF
Lot
27.68 ac (1,205,871 SF)
Zoning code
DC
APN
22105107
UPID
US53-1412532
Jurisdiction
MECKLENBURG
Zoning & alternative use
DC · Pineville, NC
Zoning DC · permitted uses
DC · Pineville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pineville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1900
Heating
YES
Cooling
Yes
Stories
1
Rooms
1
Lot
27.68 ac
Current owner
From public records · entity-resolved
Town Of Pineville
Individual
Mailing address
200 DOVER ST, PINEVILLE, NC 28134-8596
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 17, 2025
—
Town Of Pineville
Pineville Redevelopment & Investmen
Quitclaim Deed
related
—
Nov 22, 2019
—
Pineville Redev & Invs INC
Cone Mills Pineville Project
Correction Deed
related
—
Jul 1, 2019
—
Pineville Redevelopment & INC
Cone Mills Pineville Project
Correction Deed
related
—
Jun 27, 2019
—
Pineville Redevelopment & INC
Pineville Cone Mills Project L
Quit Claim Deed
—
Jan 3, 2018
—
Pineville Cone Mill Project Ll
Pineville Redev & Inv INC
Quit Claim Deed
—
Dec 23, 2015
$1,750,000
Town Of Pineville
436 Cone Avenue LLC
Warranty Deed
—
Oct 27, 2014
—
436 Cone Avenue LLC
—
Grant Deed
related
$1,755,000 · Carter Bk&tr
Dec 20, 1991
$2,000,000
Pineville Mills INC
Unknown
Grant Deed
—
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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