Individually Owned Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1974
Construction
STONE
Total area
9,165 SF
Lot
1 ac (43,560 SF)
Zoning code
HB
APN
4732-61-5968.000
UPID
US53-1907885
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.21M
CAP Approach
CAP
$930k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
since 2025
6 recorded transactions
Zoning & alternative use
HB · Troutman, NC
Zoning description
DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no…
General category
COMMERCIAL
Top alternative use upside
Medical building
$1.8M
+74.7%
Retail stores
$1.4M
+34.8%
Auto repair, garage
$1.1M
+6.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.17M
Value range
$1.05M – $1.29M
±10% around blend
Estimated value / SF
$128 / SF
Confidence
Property data
100
Market benchmarks
33
Comparable evidence
60
$1.05M
blend $1.17M
$1.29M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,165 SF
Lot area
1 ac
Year built
1974
Stories
1
APN
4732-61-5968.000
Zoning
HB
Assessed value
$848,430
Annual tax
$9,333
3
Income approach: direct capitalization
Partial preview
Income approach indication
$930k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.01M
@ 6.5% CAP return
$930k
@ 7% CAP return
$865k
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.17M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 80 sales
$112
+14%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $128/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Medical Building
Gross theoretical uplift
+75%
vs current-use indication
Retail Stores
Auto Repair, Garage
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
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Overview
Implied cap rate
5.20%
Implied, in-place cap rate for this industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 5.20%
9.0%
NOI (est.)
$59k *
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.14M
Move the market yield to see immediate price impact.
Value / SF
$125
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
4.70%5.20%5.70%
$53k
$1.14M
$1.03M
$938k
$59k
$1.26M
$1.14M
$1.04M
$65k
$1.39M
$1.26M
$1.15M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$9,333
Tax year 2023
Assessed value
$848,430
Assessed 2023
Previous assessed
$561,740
+51.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$250,000
Assessed improvement
$598,430
Land market value
$250,000
Improvement market value
$598,430
Total market value
$848,430
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1974
Construction
STONE
Heating
RADIANT
Cooling
NONE
Stories
1
Rooms
1
Bathrooms
3
Total area
9,165 SF
Lot
1 ac (43,560 SF)
Zoning code
HB
APN
4732-61-5968.000
UPID
US53-1907885
Jurisdiction
IREDELL
Zoning & alternative use
HB · Troutman, NCZoning HB · permitted uses
HB · Troutman, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no…
General category
COMMERCIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
STONE
Heating
RADIANT
Cooling
Yes
Stories
1
Rooms
1
Bathrooms
3
Lot
1 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
HB
COMMERCIAL
Jurisdiction
Troutman, NC
Recorded code
HB
Official district
HB
Official district profile
What the municipal code says about HB
Zoning description
DISTRICT OI NC CB LC HB LI & HI Office and Institutional Neighborhood Center Central Business Local Commercial Highway Business Industrial 1. DEVELOPMENT HI is Conditional Only A. Maximum Density 4 dwelling units/acre no…
General category
COMMERCIAL
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for HB in Troutman, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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