Financial
Distress signals
Property profile

969 Reepsville Rd Lincolnton, NC 28092

FOR SALE
Retail space
Property ID
US53-1146495
10,255 SF 1.47 ac lot Built 1975
Last sale Nov 2022 · $160,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A mixed-use commercial property consisting of five structures with approximately 22,175± square feet of improvements on 1.86± acres, located at 969 Reepsville Rd. in Lincolnton, North Carolina. The improvements include a retail showroom with office space, two workshop buildings with drive-in doors, a greenhouse, and an open-sided storage building. The site includes asphalt parking, roadside signage, and a fenced rear yard, and provides approximately 425± feet of road frontage. Electrical panel

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$4k
Tax billed · 2023
Assessed value$653k
Assessed land$94k
Assessed improvement$559k
Effective rate0.65%

Value estimate

· Sep 2026
$520k
$468k – $572k
AI approach$470k
Sales comparison$708k
NOI build-up
Gross scheduled income$466k
Vacancy & credit loss−$39k
Operating expenses−$192k
NOI · 27.92% cap applied$235k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$75/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$31 – $113
Qualifying comparables4

Cap rate analysis

How does the asset earn?
27.92%
$235k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
GMC
This district is designed primarily for general commercial and industrial land uses, including manufacturing, processing and assembling o...
General categoryINDUSTRIAL
JurisdictionLINCOLN

Location intelligence

Which uses thrive at this corner?
Best fit: Restaurant
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Restaurant7.4
Building Supply9.3
Grocery Store7.9

Location

969 Reepsville Rd Lincolnton, NC 28092
County assessor Recorded deeds · 2 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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