Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,890,000
Industrial properties
8037 Fairview Rd Mint Hill, NC 28227-8953
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-2925081
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1997
Total area
18,340 SF
Lot
3.44 ac (150,064 SF)
Zoning code
IGCUD
APN
13901154
UPID
US53-2925081
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
$1.86M
Comparable Approach
Comparable
$1.62M
Blend (final)
Blend
$1.89M
Owner & transaction history
8037 Fairview LLC · 5 yrs held
8037 Fairview LLC
since 2020
7 recorded transactions
Zoning & alternative use
IGCUD · Mint Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
PowerPoint Presentation
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,015,000
6.5%
$1,860,000
7%
$1,725,000
Blend value · Realmo final
$1.89M
Range $1.70M – $2.08M · ±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
$103 / 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
$10,976
Tax year 2023
Assessed value
$1,572,300
Assessed 2024
Previous assessed
$1,623,300
-3.1% YoY
Effective rate
0.70%
On assessed value
Assessed land
$310,500
Assessed improvement
$1,261,800
Land market value
$310,500
Improvement market value
$1,261,800
Total market value
$1,572,300
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1997
Heating
FORCED AIR
Cooling
YES
Buildings
3
Stories
1
Total area
18,340 SF
Lot
3.44 ac (150,064 SF)
Zoning code
IGCUD
APN
13901154
UPID
US53-2925081
Jurisdiction
MECKLENBURG
Zoning & alternative use
IGCUD · Mint Hill, NCZoning IGCUD · permitted uses
IGCUD · Mint Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
PowerPoint Presentation
Building & site characteristics
From public records
Year built
1997
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
3
Lot
3.44 ac
Current owner
From public records · entity-resolved
8037 Fairview LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4614 WILGROVE MINT HL RDB, MINT HILL, NC 28227-3500
Ownership since
2020
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
Sep 11, 2020
—
8037 Fairview LLC
Souder Properties INC
Warranty Deed
—
Oct 26, 2018
—
Souder Properties INC
—
Deed
related
$490,000 · Farmers & Merchants Nat'l Bk
Jun 25, 2013
$780,000
Souder Properties INC
Ib Property Holdings LLC
Grant Deed
$605,000 · Charlotte Metro Cu
Jun 25, 2013
$721,500
Ib Property Holdings LLC
Rogers Townsend & Thomas PC
Trustees Deed
related
—
Apr 18, 2013
$721,500
Ib Properties & Holdings LLC
Rogers Townsend & Thomas
Trustees Deed
related
—
May 26, 2005
$1,400,000
Whitley Commons Busn Park LLC
Plantation South Const Co INC
Warranty Deed
$1,000,000 · Business Credit Corp
—
—
Souder Properties INC
—
Deed Of Trust
related
$490,000 · Farmers & Merchants Nat'l Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 8037 Fairview Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
