Back to Search
Property profile & analytics
OFF-MARKET
Industrial land
Galilee Church Rd, NC
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-2945468
Property profile
Verified
Property type
Industrial land
Use group
INDUSTRIAL - VACANT LAND
Lot
23.03 ac (1,003,187 SF)
Zoning code
HI
APN
12848
UPID
US53-2945468
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
by Request
Owner & transaction history
Albemarle Us INC · 4 yrs held
Albemarle Us INC
since 2021
Last sale
$440,500
7 recorded transactions
Zoning & alternative use
HI · Galilee Church Rd, 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 Galilee Church Rd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Galilee Church Rd 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
—
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
$465
Tax year 2024
Assessed value
$39,795
Assessed 2023
Previous assessed
$39,795
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$39,795
Land market value
$39,795
Total market value
$39,795
Applied tax rate
4.0000
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 land
Use group
INDUSTRIAL - VACANT LAND
Status
Off-Market
Heating
NONE
Lot
23.03 ac (1,003,187 SF)
Zoning code
HI
APN
12848
UPID
US53-2945468
Jurisdiction
CLEVELAND
Zoning & alternative use
HI · Galilee Church Rd, NC
Zoning HI · permitted uses
HI · Galilee Church Rd, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Galilee Church Rd. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
23.03 ac
Current owner
From public records · entity-resolved
Albemarle Us INC
Entity
Free & Clear · 4 yrs held
Mailing address
4250 CONGRESS ST STE #900, CHARLOTTE, NC 28209-0044
Ownership since
2021
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
Nov 24, 2021
$600,000
Albemarle Us INC
Anne Scott Hatcher
Special Warranty Deed
—
Nov 24, 2021
$440,500
Cole Properties & Investments INC
Benjamin Bradley Culp
Quit Claim Deed
related
—
Nov 24, 2021
—
Albemarle Us INC
Albemarle Corporation
Special Warranty Deed
—
Jun 4, 2019
—
Albemarle Corp
Dunlap Priscilla A
Correction Deed
related
—
Mar 29, 2019
—
Albemarle Corp
Hatcher John C Trust
Grant Deed
—
Mar 29, 2019
$250,000
Albemarle Corp
Hatcher John C Trust
Grant Deed
—
Aug 23, 2005
$210,000
Plaza Industries INC
Culp,benjamin B JR & Beth G
Grant Deed
related
—
Aug 23, 2005
$626,000
Plaza Industries INC
Bumgardner,gene D
Grant 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.
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?”
Own this property?
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.
