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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Retail space
4498 Hwy 27 Lincolnton, NC 28092-0715
Entity Owned
15-yr Hold
Free & Clear
Property ID
US53-0821770
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2010
Construction
FRAME
Total area
9,146 SF
Lot
1.56 ac (67,910 SF)
Zoning code
B-G CZ
APN
13392
UPID
US53-0821770
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
$1.03M
Blend (final)
Blend
$995k
Owner & transaction history
Blue Gem INC · 15 yrs held
Blue Gem INC
since 2011
3 recorded transactions
Zoning & alternative use
B-G CZ · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$975,000
+42.8%
Office building
$840,000
+23.1%
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 Lincolnton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lincolnton 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$680,000
Current use
COMMERCIAL (GENERAL)
$975,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$840,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±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
$109 / 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
$7,873
Tax year 2023
Assessed value
$1,221,950
Assessed 2023
Previous assessed
$1,221,950
+0.0% YoY
Effective rate
0.64%
On assessed value
Assessed land
$175,387
Assessed improvement
$1,046,563
Land market value
$175,387
Improvement market value
$1,046,563
Total market value
$1,221,950
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2010
Construction
FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
9,146 SF
Lot
1.56 ac (67,910 SF)
Zoning code
B-G CZ
APN
13392
UPID
US53-0821770
Jurisdiction
LINCOLN
Zoning & alternative use
B-G CZ · Lincolnton, NC
Zoning B-G CZ · permitted uses
B-G CZ · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lincolnton. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$680,000
COMMERCIAL (GENERAL)
Est. value
$975,000
OFFICE BUILDING
Est. value
$840,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2010
Construction
FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.56 ac
Current owner
From public records · entity-resolved
Blue Gem INC
Entity
Free & Clear · 15 yrs held
Mailing address
1846 BANKING ST, GREENSBORO, NC 27408-7222
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 16, 2011
$1,005,000
Blue Gem INC
Piedmont Dev Of Arizona LLC
Warranty Deed
—
Aug 12, 2010
—
Piedmont Dev Of Arizona LLC
Piedmont Dev Of Arizona LLC
Quit Claim Deed
related
—
Jul 2, 2010
—
Piedmont Dev Of Arizona LLC
Piedmont Companies INC
Quit Claim Deed
related
$750,000 · Carolina Trust Bank
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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