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Property profile & analytics
OFF-MARKET
Gas stations
503 Main St Lincolnton, NC 28092-3409
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1647813
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area
1,450 SF
Lot
0.23 ac (9,845 SF)
Zoning code
CBT
APN
515
UPID
US53-1647813
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
Current use
Occupant on record · Public records
-
Twisted Sugar Bakery Specialty Food Shop
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
Gilleland Development INC · 4 yrs held
Gilleland Development INC
since 2022
Last sale
$302,000
6 recorded transactions
Zoning & alternative use
CBT · Lincolnton, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ct 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highway Commercial District 153.116 P-B Planne…
Zone name
Central Business Transitional
General category
COMMERCIAL
Zone area
10.09 ac
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
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
$3,085
Tax year 2023
Assessed value
$296,820
Assessed 2023
Previous assessed
$296,820
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$101,797
Assessed improvement
$195,023
Land market value
$101,797
Improvement market value
$195,023
Total market value
$296,820
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
Gas stations
Use group
SERVICE STATION (FULL SERVICE)
Status
Off-Market
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
1,450 SF
Lot
0.23 ac (9,845 SF)
Zoning code
CBT
APN
515
UPID
US53-1647813
Jurisdiction
LINCOLN
Zoning & alternative use
CBT · Lincolnton, NCZoning CBT · permitted uses
CBT · Lincolnton, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ct 153.109 RMF Residential Multi-Family District 153.110 R-O Residential Office District 153.111 O-I Office Institutional District 153.112 N-B Neighborhood Business District 153.113 C-B Central Business District 153.114 CBT Central Business Transitional District 153.115 G-B General Business District 153.115.1 HC Highway Commercial District 153.116 P-B Planned Business District 153.117 GMC General Manufacturing and Commercial District 153.1
Zone name
Central Business Transitional
General category
COMMERCIAL
Zone area
10.09 ac
Building & site characteristics
From public records
Year built
1960
Construction
MASONRY/CONCRETE MASONRY UNITS (CMUS)
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.23 ac
Current owner
From public records · entity-resolved
Gilleland Development INC
Entity
Mailing address
341 E MAIN ST, LINCOLNTON, NC 28092-3334
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2022
$302,000
Gilleland Development INC
Tammy Martin
Special Warranty Deed
$241,600 · United Bank
Jun 2, 2021
$174,000
Tammy Martin
Dons Bp And Used Cars INC
Warranty Deed
—
Mar 29, 2019
—
Dons Bp & Used Cars INC
—
Deed
related
$74,262 · Katherine B Mccurry
Mar 9, 2018
—
Dons Bp & Used Cars INC
—
Trustees Deed
related
$70,807 · Dkd Properties LLC
—
—
Dons Bp & Used Cars INC
—
Deed Of Trust
related
$74,262 · Katherine B Mccurry
—
—
Dons Bp & Used Cars INC
—
Deed Of Trust
related
$21,500 · Mary W Mauney
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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