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Property profile & analytics
OFF-MARKET
Estimated value
$2,290,000
Commercial land
8008 Blair Rd Mint Hill, NC 28227-9716
Entity Owned
12-yr Hold
Free & Clear
Property ID
US53-5678416
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1983
Total area
17,799 SF
Lot
0.22 ac (9,685 SF)
Zoning code
B-P DO-B
APN
13901146
UPID
US53-5678416
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
by Request
Blend (final)
Blend
$2.29M
Owner & transaction history
Aldi Nc LLC · 12 yrs held
Aldi Nc LLC
since 2013
7 recorded transactions
Zoning & alternative use
B-P DO-B · Mint Hill, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$129 / 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
$318
Tax year 2023
Assessed value
$45,600
Assessed 2024
Previous assessed
$45,600
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$45,600
Land market value
$45,600
Total market value
$45,600
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1983
Heating
STEAM
Cooling
CENTRAL
Stories
1
Rooms
8
Total area
17,799 SF
Lot
0.22 ac (9,685 SF)
Zoning code
B-P DO-B
APN
13901146
UPID
US53-5678416
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-P DO-B · Mint Hill, NC
Zoning B-P DO-B · permitted uses
B-P DO-B · Mint Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Mint Hill. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1983
Heating
STEAM
Cooling
Yes
Stories
1
Rooms
8
Lot
0.22 ac
Current owner
From public records · entity-resolved
Aldi Nc LLC
Entity
Free & Clear · 12 yrs held
Mailing address
1985 OLD UN CHURCH RD, SALISBURY, NC 28146-7917
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2013
$1,300,000
Aldi Nc LLC
Keziah Properties LLC
Warranty Deed
—
Mar 5, 2012
—
First States Invtrs Realty LLC
—
Deed Of Trust
related
$250,000,000 · Goldman Sachs Mortgage Co
Apr 12, 2004
—
Nk-remainder Interest LLC
Congregation Bnai Yisrael Of Arm
Quit Claim Deed
related
—
Apr 12, 2004
$148,000
Keziah Properties LLC
Nk-remainder Interest LLC
Grant Deed
—
Nov 26, 2003
$261,500
First States Investors 4100b
Liberty North Carolina INC
Grant Deed
related
—
Nov 26, 2003
$262,000
First States Investors 4100b
Prefco III Realty LLC
Grant Deed
related
—
Jun 2, 1998
—
Prefco III Realty LLC
Prefco III Ltd P
Quit Claim 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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