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Property profile & analytics
FOR SALE
Outlet malls
1009 Unarco Rd, Marshville, NC 28103
Entity Owned
16-yr Hold
~
Est. High Equity
Property ID
US53-1463209
For Sale
$493,000
1009 Unarco Rd, Marshville, NC 28103
View Listing →
Property profile
Verified
Property type
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Year built
2010
Total area
7,680 SF
Lot
2.72 ac (118,483 SF)
Zoning code
IND MARSHVILLE
APN
02-302-008
UPID
US53-1463209
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
$825k
Owner & transaction history
Horne Investments LLC · 16 yrs held
Horne Investments LLC
since 2009
5 recorded transactions
Zoning & alternative use
IND MARSHVILLE · Marshville, 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 Marshville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Marshville 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
$107 / 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
$6,556
Tax year 2023
Assessed value
$572,500
Assessed 2023
Previous assessed
$572,500
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$95,200
Assessed improvement
$477,300
Land market value
$95,200
Improvement market value
$477,300
Total market value
$572,500
Applied tax rate
418.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Outlet malls
Use group
WHOLESALE OUTLET, DISCOUNT STORE
Status
For Sale
Year built
2010
Heating
YES
Stories
1
Total area
7,680 SF
Lot
2.72 ac (118,483 SF)
Zoning code
IND MARSHVILLE
APN
02-302-008
UPID
US53-1463209
Jurisdiction
UNION
Zoning & alternative use
IND MARSHVILLE · Marshville, NC
Zoning IND MARSHVILLE · permitted uses
IND MARSHVILLE · Marshville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Marshville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2010
Heating
YES
Stories
1
Lot
2.72 ac
Current owner
From public records · entity-resolved
Horne Investments LLC
Entity
Mailing address
PO BOX 714, MARSHVILLE, NC 28103-0714
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2019
—
Horne Investments LLC
—
Deed
related
$624,000 · First Citizens Bk
Oct 20, 2009
$120,000
Horne Investments LLC
Williams,george M & Sandra
Warranty Deed
—
—
—
Huntley Vernon Farms INC
—
Deed Of Trust
related
$350,000 · Anson Bk&tr
—
—
Horne Investments LLC
—
Deed Of Trust
related
$624,000 · First Citizens Bk
—
—
Horne Investments LLC
—
Deed Of Trust
related
$500,000 · American Community Bk & Tr
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?”
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