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Property profile & analytics
OFF-MARKET
Estimated value
$1,870,000
Investment properties
7878 Idlewild Rd Indian Trail, NC 28079-8675
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1914826
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2006
Total area
13,576 SF
Lot
1.98 ac (86,205 SF)
Zoning code
GBD INDIAN TRAIL
APN
07-060-097A
UPID
US53-1914826
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
$2.14M
Blend (final)
Blend
$1.87M
Owner & transaction history
Micheaux Resource Management LLC · 4 yrs held
Micheaux Resource Management LLC
since 2022
7 recorded transactions
Zoning & alternative use
GBD INDIAN TRAIL · Indian Trail, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.2M
+4.0%
Auto repair, garage
$2.2M
+0.8%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,135,000
Current use
OFFICE BUILDING
$2,220,000
Change: +4% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,150,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,060,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,825,000
Change: -14% · Conversion: Difficult
Blend value · Realmo final
$1.87M
Range $1.68M – $2.06M · ±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
$138 / 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
$16,161
Tax year 2023
Assessed value
$1,834,100
Assessed 2023
Previous assessed
$1,834,100
+0.0% YoY
Effective rate
0.88%
On assessed value
Assessed land
$598,700
Assessed improvement
$1,235,400
Land market value
$598,700
Improvement market value
$1,235,400
Total market value
$1,834,100
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2006
Heating
YES
Stories
1
Total area
13,576 SF
Lot
1.98 ac (86,205 SF)
Zoning code
GBD INDIAN TRAIL
APN
07-060-097A
UPID
US53-1914826
Jurisdiction
UNION
Zoning & alternative use
GBD INDIAN TRAIL · Indian Trail, NC
Zoning GBD INDIAN TRAIL · permitted uses
GBD 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
COMMERCIAL (GENERAL) Current
Est. value
$2.1M
OFFICE BUILDING
Est. value
$2.2M
AUTO REPAIR, GARAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$1.8M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
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
2006
Heating
YES
Stories
1
Lot
1.98 ac
Current owner
From public records · entity-resolved
Micheaux Resource Management LLC
Entity
Mailing address
PO BOX 1561, MONROE, NC 28111-1561
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 16, 2022
—
Micheaux Resource Management LLC
—
Deed
related
$705,000 · First Horizon Bank
Feb 9, 2022
—
Micheaux Resource Management LLC
Idlewild Commons LLC
Warranty Deed
—
Jan 29, 2019
—
Idlewild Commons LLC
Cuthbertson,g David & Pamela S
Warranty Deed
related
—
Jan 28, 2019
$250,000
G David Cuthbertson
Moser,dennis W & Patti
Warranty Deed
—
Dec 17, 2018
—
Dennis W Moser
Idlewild Commons LLC
Warranty Deed
related
—
Jan 17, 2006
—
Idlewild Commons LLC
—
Trustees Deed
related
$1,277,250 · First Charter Bank
—
—
Idlewild Commons LLC
—
Deed Of Trust
related
$965,000 · Asheville Svgs Bk
—
—
Idlewild Commons LLC
—
Deed Of Trust
related
$1,200,000 · Bank Of North Carolina
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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