Financial
Distress signals
Property profile

6924 Orr Rd Charlotte, NC 28213

FOR LEASE
Other warehouses
Property ID
US53-0701531
149,703 SF 16.12 ac lot Built 1990
Last sale Mar 2025 · $10,069,500
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an industrial distribution facility configured within a larger warehouse building of approximately 149,810 square feet, with approximately 116,978 square feet of available area. The site is suited for last-mile logistics and e-commerce distribution use. It is located in the Charlotte market north of the Central and Atando submarkets, approximately 3.5 miles from Interstate 85. The property includes an auxiliary front lot capable of accommodating approximately 100 trailers.

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?
$68k
Tax billed · 2023
Assessed value · 2024$9.26M
Assessed land$1.51M
Assessed improvement$7.75M
Effective rate0.73%

Value estimate

· Sep 2026
$12.45M
$11.20M – $13.69M
AI approach$12.45M
Submarket $/SF estimate$11.76M
NOI build-up
Gross scheduled income$1.82M
Vacancy & credit loss−$119k
Operating expenses−$512k
NOI · 17,185,165.47% cap applied$1.19M

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$111/SF
ZIP average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$67 – $143
Qualifying comparables5

Cap rate analysis

How does the asset earn?
17,185,165.47%
$1.19M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency31.2
Restaurant27.3
Dental Office24.8

Location

6924 Orr Rd Charlotte, NC 28213
County assessor Recorded deeds · 5 transfers 5 qualifying comp sales Zoning catalog · not on file

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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1836 Equitable, Charlotte, NC 28213-6500 $2,350,000 Feb 2024 22,848 SF
6024 Mcdaniel, Charlotte, NC 28213-4324 $5,650,000 Mar 2023 35,080 SF
4212 Raleigh, Charlotte, NC 28213-6902 $9,200,000 Jul 2021 94,611 SF
11838 University City, Charlotte, NC 28213-9245 $11,426,500 Jul 2021 94,080 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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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