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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Warehouses
710 Catawba St, Belmont, NC 28012-3504
Entity Owned
14-yr Hold
~
Est. High Equity
Property ID
US53-1265429
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1915
Total area
116,765 SF
Lot
4.9 ac (213,444 SF)
Zoning code
INDS1
APN
126438
UPID
US53-1265429
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.87M
Blend (final)
Blend
$1.47M
Owner & transaction history
National Mills LLC · 14 yrs held
National Mills LLC
since 2012
7 recorded transactions
Zoning & alternative use
INDS1 · Belmont, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Belmont submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Belmont 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.47M
Range $1.32M – $1.62M · ±10%
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
$13 / 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 2024Property tax & assessments
Tax year 2024
Tax billed
$11,145
Tax year 2024
Assessed value
$1,057,430
Assessed 2024
Previous assessed
$1,057,430
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$323,400
Assessed improvement
$734,030
Applied tax rate
110.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1915
Heating
OTHER
Cooling
YES
Stories
1
Rooms
1
Total area
116,765 SF
Lot
4.9 ac (213,444 SF)
Zoning code
INDS1
APN
126438
UPID
US53-1265429
Jurisdiction
GASTON
Zoning & alternative use
INDS1 · Belmont, NC
Zoning INDS1 · permitted uses
INDS1 · Belmont, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Belmont. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1915
Heating
OTHER
Cooling
Yes
Stories
1
Rooms
1
Lot
4.9 ac
Current owner
From public records · entity-resolved
National Mills LLC
Entity
Mailing address
710 E CATAWBA ST, BELMONT, NC 28012-3504
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2012
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 7, 2024
—
National Mills LLC
—
Deed
related
$1,650,000 · Cogent Bank
Mar 2, 2022
—
National Mills LLC
—
Deed
related
$968,100 · Pinnacle Bank
Dec 8, 2021
—
National Mills LLC
—
Deed
related
$615,000 · Pinnacle Bank
Jul 5, 2018
—
National Mills LLC
—
Deed
related
$250,000 · Pinnacle Bank
Jan 6, 2017
—
National Mills LLC
—
Deed
related
$100,000 · Bank Of Nc
May 25, 2012
$350,000
National Mills LLC
Belmont Mills LLC
Warranty Deed
$360,000 · Branch Banking And Trust Co
Oct 19, 2007
$8,025,000
Terrapin East LLC
—
Grant Deed
related
—
—
—
National Mills LLC
—
Deed Of Trust
related
$540,532 · Pnc Bank
—
—
National Mills LLC
—
Deed Of Trust
related
$766,480 · Pnc Bank
—
—
National Mills LLC
—
Deed Of Trust
related
$351,488 · Pnc Bank
—
—
National Mills LLC
—
Deed Of Trust
related
$100,000 · Bank Of Nc
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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