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    Huntersville, NC 28078
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    Property profile & analytics

    , Huntersville, NC 28078

    View on Map
    • Warehouses
    • 6,120 SF
    • 90.19 lot acres
    Off-Market
    Last Sale Jan 18, 2023
    $4,016,500
    Property ID
    US53-3636987
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,140,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details

    Year built
    1998
    Lot size
    90.19 lot acres
    Zone code
    GRCD
    Property type
    Warehouses
    APN
    914117
    APU
    914117

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 18, 2023 $6,016,000 Birkdale Real Estate Investors LLC Lake Norman Real Estate Investors L Special Warranty Deed $22.8M · Servisfirst Bank
    Jan 18, 2023 $4,016,500 Birkdale Multifamily LLC Birkdale Real Estate Investors LLC Warranty Deed $5.4M · Mill Green Opportunity Fund Viii Ll
    Jan 18, 2023 $2,000,000 Narsi Development Birkdale LLC Birkdale Real Estate Investors LLC Warranty Deed —
    Dec 30, 2022 $104,000 Birkdale Real Estate Investors LLC Lake Norman Real Estate Investors L Special Warranty Deed —
    May 12, 2022 — Lake Norman Real Estate Investors L Sanjeloh LLC Deed —
    May 11, 2022 $7,500,000 Sanjeloh LLC Romspen Birkdale LLC Special Warranty Deed —
    May 11, 2022 — Sanjeloh LLC Romspen Birkeale LLC Deed —
    Aug 23, 2017 — Romspen Birkdale LLC — Grant Deed · related $22.5M · Romspen Club Holdings INC
    Mar 1, 2007 $6,880,000 Birkdale Gc LLC Birkdale Golf Associates LLC Grant Deed · related $5.6M · Textron Financial
    Dec 29, 2005 — Birkdale Golf Associates LLC Pappas,peter A Grant Deed —
    Nov 30, 1999 — John W Harris Birkdale,golf As Grant Deed · related —
    Nov 2, 1999 $42,000 At Lake Norman Ll Birkdale Birkdale,golf As Grant Deed · related —
    Oct 31, 1995 — Birkdale Golf Associates L Birkdale,golf As Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,210,000
      ML approach
      $4,325,000

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $3,960,000
      RESTAURANT
      $3,630,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Huntersville
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8827
    Latitude
    35.4383
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $15,578
    $1,800,000
    $600,000
    $2,400,000
    -
    $1,800,000
    $600,000
    $2,400,000

    Comparable in this City

    • Value Estimation
      $945,000
      9,000 SF

      Huntersville, NC 28078

      WAREHOUSE, STORAGE
      Huntersville, NC 28078
      View Details
    • Value Estimation
      $8,260,000
      80,010 SF

      11256 Sam Furr Rd

      MINI-WAREHOUSE, STORAGE
      11256 Sam Furr Rd, Huntersville, NC 28078
      View Details
    • Value Estimation by Request
      505,513 SF

      11320 Beltway Industrial Dr

      Distribution properties
      11320 Beltway Industrial Dr, Huntersville, NC 28078
      View Details
    • Value Estimation
      $2,460,000
      32,956 SF

      16235 Northcross Dr

      WAREHOUSE, STORAGE
      16235 Northcross Dr, Huntersville, NC 28078-5078
      View Details
    • Value Estimation
      $720,000
      5,700 SF

      15234 Old Statesville Rd

      WAREHOUSE, STORAGE
      15234 Old Statesville Rd, Huntersville, NC 28078
      View Details
    • Value Estimation
      $4,835,000
      33,554 SF

      13728 Statesville Rd

      WAREHOUSE, STORAGE
      13728 Statesville Rd, Huntersville, NC 28078-9038
      View Details

    Similar Nearby for Sale

    • $1,750,000
      2.93 Acres

      Huntersville Land Near Major Road

      Commercial land in rapidly growing area near I-485.
      9003 Beatties Ford Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing
      61,054 SF

      Huntersville Warehouse Space Available

      61,054 SF warehouse in Huntersville, North Carolina for sale.
      9730 Northcross Center Ct, Huntersville, NC 28078
      View Details
    • $306,300
      0.88 Acres

      Huntersville Land Near Retail Hub

      Commercial land in rapidly growing area near major retailers.
      7932 Hedrick Cir, Huntersville, NC 28078
      View Details
    • Contact for pricing
      4,250 SF

      Huntersville Industrial Property For Sale

      Industrial property available for sale or lease in Huntersville, NC.
      11935-11945 Ramah Church Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing
      163,248 SF

      Huntersville Industrial Property For Sale

      Industrial property available for sale with leaseback or lease options.
      13201 Reese Blvd West, Huntersville, NC 28078
      View Details
    • Contact for pricing
      10,237 SF

      Huntersville Mixed-Use Opportunity

      Mixed-use property in Huntersville's Northcross submarket, suitable for various uses.
      16701 Northcross Dr, Huntersville, NC 28078
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      327,261 SF

      Huntersville Warehouse Space Available

      Large warehouse space available for lease in Huntersville, NC.
      12705 Commerce Station Dr, Huntersville, NC 28078
      View Details
    • Contact for pricing
      58,049 SF

      Huntersville Industrial Space For Lease

      Class A industrial buildings with easy access to I-77.
      11731 Patterson Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing
      52,500 SF

      Huntersville Class A Industrial Space

      Class A industrial space available for lease in Huntersville, NC.
      10812 Bryton Corporate Ctr Dr, Huntersville, NC 28078
      View Details
    • Contact for pricing
      627,000 SF

      Huntersville Warehouse with Truck Parking

      627,000 SF warehouse with 124 truck parking spaces.
      11701 Mccord Rd, Huntersville, NC 28078
      View Details
    • Contact for pricing

      Huntersville Warehouse Space Available

      Warehouse space in The Park Huntersville, available 4/01/2026.
      11515 Vanstory Dr, Huntersville, NC 28078
      View Details
    • Contact for pricing
      291,200 SF

      Huntersville Warehouse Space Available

      291,200 square foot warehouse space in Huntersville, North Carolina.
      Patterson Rd, Huntersville, NC 28078
      View Details
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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