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Property profile & analytics
OFF-MARKET
Industrial properties
439 Main St Troutman, NC 28166-9532
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1067321
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1950
Construction
STEEL FRAME
Total area
9,160 SF
Lot
1.78 ac (77,537 SF)
Zoning code
IH
APN
4741-24-2139.000
UPID
US53-1067321
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Property 439 INC · 2 yrs held
Property 439 INC
since 2023
Last sale
$400,000
7 recorded transactions
Zoning & alternative use
IH · Troutman, NC
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 Troutman submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Troutman 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$1,233
Tax year 2023
Assessed value
$205,580
Assessed 2023
Previous assessed
$162,760
+26.3% YoY
Effective rate
0.60%
On assessed value
Assessed land
$67,640
Assessed improvement
$137,940
Land market value
$67,640
Improvement market value
$137,940
Total market value
$205,580
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 properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1950
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
NONE
Buildings
2
Stories
1
Rooms
2
Bathrooms
2
Total area
9,160 SF
Lot
1.78 ac (77,537 SF)
Zoning code
IH
APN
4741-24-2139.000
UPID
US53-1067321
Jurisdiction
IREDELL
Zoning & alternative use
IH · Troutman, NCZoning IH · permitted uses
IH · Troutman, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
Ordinances | Troutman, NC
Building & site characteristics
From public records
Year built
1950
Construction
STEEL FRAME
Heating
HOT WATER
Cooling
Yes
Stories
1
Buildings
2
Rooms
2
Bathrooms
2
Lot
1.78 ac
Current owner
From public records · entity-resolved
Property 439 INC
Entity
Mailing address
118 SUMMERSONG LN, MOORESVILLE, NC 28117-8883
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Aug 21, 2023
$400,000
Property 439 INC
Ervin Farris
Special Warranty Deed
$200,000 · Farris Ervin Etux
Jan 4, 1994
$85,000
L Dan Kay JR
Unknown
Grant Deed
—
—
—
Ervin Farris JR.
—
Deed Of Trust
related
$53,000 · Piedmont Bank
—
—
Ervin,farris
—
Deed Of Trust
related
$64,000 · Branch Bk&tr
—
—
Farris Ervin Ents INC
—
Deed Of Trust
related
$35,350 · Piedmont Bank
—
—
Ervin Farris JR.
—
Deed Of Trust
related
$15,000 · Piedmont Bank
—
—
Farris Ervin
—
Deed Of Trust
related
$47,000 · Branch Banking & Trust Co
—
—
Farris Ervin
—
Deed Of Trust
related
$20,000 · Branch Banking & Trust Co
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.
Try Rey
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