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1200 NORTHROP RD
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Location
1200 NORTHROP RD
Mblu
0913/ 0324/ 0001/ 0000/
Acct#
15547
Owner
NM NVLX LP
Total Market Value
$7,829,800
Appraisal
$11,185,400
PID
15547
Building Count
1
Current Value
Appraisal
Valuation Year
Improvements
Land
Total
2025
$8,095,400
$3,090,000
$11,185,400
Assessment
Valuation Year
Improvements
Land
Total
2025
$5,666,800
$2,163,000
$7,829,800
Owner of Record
Owner
NM NVLX LP
Co-Owner
NEW MOUNTAIN NET LEASE AQ CORP
Address
3426 TORINGDON WAY STE 200
ATTN TAX
CHARLOTTE, NC 28277
Sale Price
$15,161,233
Book & Page
5489/163
Sale Date
02/21/2023
Instrument
00
Qualified
Q
Ownership History
Ownership History
Owner
Sale Price
Book & Page
Instrument
Sale Date
NM NVLX LP
$15,161,233
5489/163
00
02/21/2023
DURO HILEX POLY LLC
$5,698,000
5424/717
00
07/01/2021
Building Information
Building 1 : Section 1
Year Built:
1986
Living Area:
145,484
Replacement Cost:
$9,892,912
Building Percent Good:
79
Replacement Cost
Less Depreciation:
$7,815,400
Building Attributes
Field
Description
Style
Storage Warehouse
Model
Comm/Ind
Grade
C
Stories
1
Occupancy
1
Exterior Wall 1
Precast Panel
Exterior Wall 2
Roof Structure
Flat
Roof Cover
Tar & Gravel
Interior Wall 1
Minimum
Interior Wall 2
Drywall
Interior Floor 1
Concrete
Interior Floor 2
Heat Fuel
Gas
Heat Type
Forced Hot Air
AC Type
Central
Bldg Use
Industrial
Total Rooms
Total Bedrooms
Total Full Bath(s)
0
Total Half Bath(s)
0
Extra Fixture(s)
0
Fireplace(s)
0
Extra Opening(s)
Gas Fireplace(s)
WS Flues
0
Heat/AC
HEAT/AC SPLIT
Frame
Masonry
Baths/Plumbing
Average
Ceiling/Wall
06
Rooms/Prtns
02
Wall Height
24.00
% Sprinkled
100
1st Floor Use
Bsmt Garage
0
Building Photo
Building Layout
Building Sub-Areas (sq ft)
Code
Description
Gross
Area
Living
Area
BAS
FIRST FLOOR
137,484
137,484
AOF
OFFICE
8,000
8,000
145,484
145,484
Extra Features
Extra Features
Code
Description
Size
Value
Assessed Value
Bldg #
SPR1
SPRINKLERS-WET
145484.00 SF
$114,900
$80,400
1
LDL1
LOAD LEVELERS
18.00 UNIT
$0
$0
1
Land
Land Use
Use Code
301
Description
Industrial
Neighborhood
I1
Land Line Valuation
Size (Acres)
20.6
Total Market Land
$2,163,000
Appraised Value
$3,090,000
Outbuildings
Outbuildings
Code
Description
Size
Value
Assessed Value
Bldg #
PAV1
PAVING
110000.00 S.F.
$71,000
$49,700
1
FN4
FENCE-10'CHAIN
5600.00 L.F.
$72,800
$51,000
1
LT1
LIGHTS-IN W/PL
4.00 UNITS
$3,200
$2,200
1
LT2
W/DOUBLE LIGHT
16.00 UNITS
$16,800
$11,800
1
SHD1
SHED
160.00 S.F.
$1,300
$900
1
Valuation History
Appraisal
Valuation Year
Improvements
Land
Total
2024
$3,313,400
$2,299,900
$5,613,300
2023
$3,313,400
$2,299,900
$5,613,300
Assessment
Valuation Year
Improvements
Land
Total
2024
$2,319,380
$1,609,930
$3,929,310
2023
$2,319,380
$1,609,930
$3,929,310
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