Financial
Distress signals
Property profile

5308 Monroe Rd Charlotte, NC 28205

OFF-MARKET
Retail space
Property ID
US53-0728853
2,152 SF 0.52 ac lot Built 1922
Last sale Apr 2024 · $1,050,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Located at 5308 Monroe Rd in Charlotte, North Carolina, the property is a multi-tenant commercial asset configured under a triple-net (NNN) lease structure. It is intended for commercial use within a multi-tenant setup.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$625k
Assessed land$565k
Assessed improvement$60k
Effective rate0.73%

Value estimate

· Sep 2026
$1.05M
$945k – $1.16M
AI approach$1.05M
Submarket $/SF estimate$774k

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$272/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$145 – $383
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-1
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.4
Parking Facility12.5
Wholesale Shop12.1

Location

5308 Monroe Rd Charlotte, NC 28205-7830
County assessor Recorded deeds · 5 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1512 Central, Charlotte, NC 28205-5014 $555,000 Mar 2025 1,542 SF
2212 The, Charlotte, NC 28205-3036 $1,250,000 May 2024 2,280 SF
1500 Shamrock, Charlotte, NC 28205-2550 $10,000 Feb 2024 1,680 SF
3630 Davidson, Charlotte, NC 28205-1492 $1,070,000 Feb 2023 2,781 SF
3200 Independence, Charlotte, NC 28205-7016 $1,375,000 Feb 2023 2,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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