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Property profile & analytics
OFF-MARKET
Estimated value
$14,260,000
Grocery and convenience stores
5860 Hwy 74, Indian Trail, NC 28079-3589
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1136272
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1999
Total area
45,053 SF
Lot
15.03 ac (654,663 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-066-013D
UPID
US53-1136272
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
$10.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$18.81M
Blend (final)
Blend
$14.26M
Owner & transaction history
Utc Investors LLC · 3 yrs held
Utc Investors LLC
since 2023
Last sale
$16.2M
7 recorded transactions
Zoning & alternative use
RBD INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$16.5M
+31.9%
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 Indian Trail submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Indian Trail 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
$15,095,000
ML approach
$10,745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$12,475,000
Current use
RESTAURANT
$16,460,000
Change: +32% · Conversion: Easy
Blend value · Realmo final
$14.26M
Range $12.83M – $15.69M · ±10% · vs last sale $16.20M (Feb 7 2023)
Last sale anchor
$16.20M
Feb 7 2023
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
$317 / 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
$111,385
Tax year 2023
Assessed value
$12,466,900
Assessed 2023
Previous assessed
$12,466,900
+0.0% YoY
Effective rate
0.89%
On assessed value
Assessed land
$4,808,700
Assessed improvement
$7,658,200
Land market value
$4,808,700
Improvement market value
$7,658,200
Total market value
$12,466,900
Applied tax rate
623.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1999
Heating
YES
Cooling
CENTRAL
Buildings
3
Stories
1
Total area
45,053 SF
Lot
15.03 ac (654,663 SF)
Zoning code
RBD INDIAN TRAIL
APN
07-066-013D
UPID
US53-1136272
Jurisdiction
UNION
Zoning & alternative use
RBD INDIAN TRAIL · Indian Trail, NC
Zoning RBD INDIAN TRAIL · permitted uses
RBD INDIAN TRAIL · Indian Trail, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Indian Trail. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$12.5M
RESTAURANT
Est. value
$16.5M
RETAIL STORES Current
RESTAURANT
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
1999
Heating
YES
Cooling
Yes
Stories
1
Buildings
3
Lot
15.03 ac
Current owner
From public records · entity-resolved
Utc Investors LLC
Entity
Mailing address
7373 WISCONSIN AVE STE #700, BETHESDA, MD 20814-3767
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2024
—
Scoot Operating 4 LLC
—
Deed
related
$526,800 · Td Bank NA
Feb 7, 2023
$16,200,000
Utc Investors LLC
Indian Trail Mzl LLC
Special Warranty Deed
$10,500,000 · First Horizon Bank
Jun 6, 2018
$3,870
Bridgestone Retail Operations
Smbc Leasing & Fin INC
Grant Deed
—
Aug 16, 2017
$11,225,000
Indian Trail Mzl LLC
Eig Union Town LLC
Grant Deed
$8,000,000 · Ladder Cap Fin
Aug 16, 2017
—
Indian Trail Mzl LLC
Eig Union Town LLC
Grant Deed
—
Oct 23, 2014
$500
93 Ncrpt LLC
Benderson R 1993-1 Trust
Grant Deed
related
—
Dec 23, 2013
$7,950,000
Eig Union Town LLC
Bg Union Town LLC
Grant Deed
—
Dec 23, 2013
—
Eig Union Town LLC
Bg Union Town LLC
Grant Deed
related
$8,325,000 · Protective Life Insurance Co
Sep 20, 2011
$560,000
Smbc Leasing & Finance INC
Bg Union Town LLC
Grant Deed
related
—
Jan 19, 2011
—
Benderson Trust 85-1
Benderson R Trust 1993-1
Quit Claim Deed
related
—
May 28, 2004
—
Bg Union Town LLC
Benderson Randall 1993-1
Grant Deed
related
—
Jan 1, 2000
—
Benderson,nathan
Goodman,stephen
Trustees Deed
related
—
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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