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    Property profile & analytics

    4855 Garmon Ml Rd Midland, NC 28107-6739

    • Industrial properties
    • 225.00 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    May 17, 2023
    Location Intelligence
    Property ID
    US53-2520036
    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

    • Industrial properties

    Property Details for 4855 Garmon Ml Rd

    Lot size
    225.00 lot acres
    Zone code
    OI
    Property type
    Industrial properties
    APN
    5554 51 8083
    APU
    5554518083

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Midland
    County
    Cabarrus
    State
    North Carolina
    Longitude
    -80.4898
    Latitude
    35.2289
    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
    2024
    $248
    $0.00
    $0.00
    $36,650
    -
    $3,053,930
    $0.00
    $3,053,930

    Comparable in this City

    • Value Estimation by Request
      1.00 Acre

      14175 Hwy 601us

      INDUSTRIAL (GENERAL) • 1.00 Acre
      14175 Hwy 601us, Midland, NC 28107-9457
      View Details
    • Value Estimation by Request
      1.00 Acre

      Bill Mcgee Rd

      INDUSTRIAL (GENERAL) • 1.00 Acre
      Bill Mcgee Rd, Midland, NC 28107
      View Details
    • Value Estimation by Request
      16.05 Acres

      3375 Wallace Rd

      INDUSTRIAL (GENERAL) • 16.05 Acres
      3375 Wallace Rd, Midland, NC 28107
      View Details
    • Value Estimation by Request
      9.41 Acres

      Hwy 601 & Wallace Rd

      Land • 9.41 Acres
      0 Hwy 601 & Wallace Rd, Midland, NC 28107
      View Details
    • Value Estimation by Request
      51.56 Acres

      Broadway St

      INDUSTRIAL (GENERAL) • 51.56 Acres
      Broadway St, Midland, NC 28107
      View Details
    • Value Estimation by Request
      82.36 Acres

      4811 Hwy 24th 27th E

      INDUSTRIAL (GENERAL) • 82.36 Acres
      4811 Hwy 24th 27th E, Midland, NC 28107-5764
      View Details

    Similar Nearby for Sale

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    • Contact for pricing

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      2.68 acre corner lot suitable for subdivision.
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    • $2,945,560

      Cabarrus County Land For Sale

      Land in Cabarrus County with rail service and utilities.
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    Similar Nearby for Lease

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      Commercial rental with office, storage, drive-in door, and parking.
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    • New
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      Remodeled Office Space For Lease

      Newly remodeled office space with flexible lease terms available.
      1327 Nc Hwy, Midland, NC 28107
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    • New
      $1,600 /Mo
      161,738 SF

      Commercial Space in Midland, NC

      Office/showroom/retail space with large windows and easy access.
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    4855 Garmon Ml Rd
    Midland, NC 28107-6739
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    Realmo Value Estimation

    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.

    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.

    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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