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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Grocery and convenience stores
6727 Wilgrove Mint Hl Rd Mint Hill, NC 28227-3425
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1185319
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1968
Total area
2,720 SF
Lot
1.64 ac (71,569 SF)
Zoning code
BG
APN
10940214
UPID
US53-1185319
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
$815k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Muktinath Group LLC · 1 yrs held
Muktinath Group LLC
since 2024
Last sale
$815,000
2 recorded transactions
Zoning & alternative use
BG · Mint Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
PowerPoint Presentation
Top alternative use upside
Medical building
$1.1M
+34.8%
Retail stores
$880,000
+8.4%
Office building
$855,000
+5.2%
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 Mint Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mint Hill 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
$815,000
ML approach
$815,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$570,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$815,000
Current use
MEDICAL BUILDING
$1,095,000
Change: +35% · Conversion: Difficult
RETAIL STORES
$880,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$855,000
Change: +5% · Conversion: Moderate
AUTO REPAIR, GARAGE
$710,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $815k (Oct 8 2024)
Last sale anchor
$815k
Oct 8 2024
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
$300 / 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
$4,186
Tax year 2023
Assessed value
$599,600
Assessed 2024
Previous assessed
$599,600
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$453,200
Assessed improvement
$146,400
Land market value
$453,200
Improvement market value
$146,400
Total market value
$599,600
Applied tax rate
17.0000
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
CONVENIENCE STORE
Status
Off-Market
Year built
1968
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
2
Total area
2,720 SF
Lot
1.64 ac (71,569 SF)
Zoning code
BG
APN
10940214
UPID
US53-1185319
Jurisdiction
MECKLENBURG
Zoning & alternative use
BG · Mint Hill, NCZoning BG · permitted uses
BG · Mint Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
PowerPoint Presentation
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$815,000
MEDICAL BUILDING
Est. value
$1.1M
RETAIL STORES
Est. value
$880,000
OFFICE BUILDING
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$710,000
NEIGHBORHOOD: SHOPPING CENTER Current
MEDICAL BUILDING
RETAIL STORES
OFFICE BUILDING
AUTO REPAIR, GARAGE
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
1968
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
2
Lot
1.64 ac
Current owner
From public records · entity-resolved
Muktinath Group LLC
Entity
Mailing address
1918 8TH ST SE, HICKORY, NC 28602-1154
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 8, 2024
$815,000
Muktinath Group LLC
Robert I Perry
Special Warranty Deed
$882,000 · Citizens Bank
Jun 6, 2017
$225,000
Robert I Perry
Mcllroy,grace I
Grant Deed
$210,000 · Grace I Mcllory
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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