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Property profile & analytics
OFF-MARKET
Estimated value
$3,055,000
Commercial land
S, Post Rd, NC
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-3163580
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
3.95 ac (172,062 SF)
Zoning code
RO-CU
APN
59304
UPID
US53-3163580
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
$3.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.06M
Owner & transaction history
Southcraft Development LLC · 2 yrs held
Southcraft Development LLC
since 2023
Last sale
$3.1M
7 recorded transactions
Zoning & alternative use
RO-CU · Post 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 Post Rd submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Post 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
Method
Estimation
Statistic approach
$2,915,000
ML approach
$3,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.06M
Range $2.75M – $3.36M · ±10% · vs last sale $3.07M (Feb 7 2025)
Last sale anchor
$3.07M
Feb 7 2025
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
—
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
$933
Tax year 2024
Assessed value
$76,179
Assessed 2023
Previous assessed
$76,179
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$76,179
Land market value
$76,179
Total market value
$76,179
Applied tax rate
55.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
3.95 ac (172,062 SF)
Zoning code
RO-CU
APN
59304
UPID
US53-3163580
Jurisdiction
CLEVELAND
Zoning & alternative use
RO-CU · Post Rd, NC
Zoning RO-CU · permitted uses
RO-CU · Post Rd, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Post Rd. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
3.95 ac
Current owner
From public records · entity-resolved
Southcraft Development LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8125 TOWER PT DRA, CHARLOTTE, NC 28227-7725
Ownership since
2023
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 28, 2023
—
Southcraft Development LLC
Jdsi LLC
Quit Claim Deed
related
—
Jan 20, 2022
$233,500
Jdsi LLC
Pensco Trust Company LLC
Warranty Deed
—
Apr 21, 2020
$45,000
Pensco Trust Co INC
Ortiz Fcg Properties LLC
Warranty Deed
—
Jul 9, 2019
—
Randy Z Ira
Greco,kendall G V
Quit Claim Deed
related
—
Dec 14, 2017
$512,500
Randy
Ortiz Fcg Properties LLC
Grant Deed
$410,000 · Ortiz Fcg Properties LLC
May 22, 2017
$705,000
Ortiz Fcg Properties LLC
Williams Elizabeth E|hallelujah Acres LLC
Trustees Deed
related
—
Nov 8, 2011
$179,500
Marvin Keith Bartlett
Villages Of Hallelujah Acres LLC
Grant Deed
$130,000 · First National Bank Shelby
Jul 21, 2006
$1,650,000
Paul H Malkmus
Eastview LLC
Grant Deed
related
$1,330,210 · First National Bank
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.
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