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Property profile & analytics
OFF-MARKET
Estimated value
$6,455,000
Strip malls
1001 Ew T Harris Blvd, Charlotte, NC 28213-4104
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-5815126
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1990
Total area
37,300 SF
Lot
4.62 ac (201,247 SF)
Zoning code
R-17MF
APN
4928210
UPID
US53-5815126
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
$6.46M
Owner & transaction history
Arroyo Woods-town Center LLC · 7 yrs held
Arroyo Woods-town Center LLC
since 2019
7 recorded transactions
Zoning & alternative use
R-17MF · Charlotte, 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 Charlotte submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Charlotte 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$9,720,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$6.46M
Range $5.81M – $7.10M · ±10%
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
$173 / 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
$50,155
Tax year 2023
Assessed value
$6,837,800
Assessed 2024
Previous assessed
$7,059,300
-3.1% YoY
Effective rate
0.73%
On assessed value
Assessed land
$2,594,100
Assessed improvement
$4,243,700
Land market value
$2,594,100
Improvement market value
$4,243,700
Total market value
$6,837,800
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1990
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
37,300 SF
Lot
4.62 ac (201,247 SF)
Zoning code
R-17MF
APN
4928210
UPID
US53-5815126
Jurisdiction
MECKLENBURG
Zoning & alternative use
R-17MF · Charlotte, NC
Zoning R-17MF · permitted uses
R-17MF · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlotte. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$9.7M
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Heating
YES
Cooling
Yes
Stories
1
Units
1
Lot
4.62 ac
Current owner
From public records · entity-resolved
Arroyo Woods-town Center LLC
Entity
Mailing address
8726 S SEPULVEDA BLVD LOS ANGELES 90045TH XX
Ownership since
2019
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
Mar 5, 2019
$6,300,000
Arroyo Woods-town Center LLC
Town Center Charlotte LLC
Grant Deed
$3,625,000 · Tiaa Fsb
Aug 1, 2016
—
Town Center Charlotte LLC
—
Deed
related
$2,559,375 · Td Bk NA
May 19, 2016
$3,250,000
Town Center Charlotte LLC
1001 East Wt Harris Boulevard
Grant Deed
—
Apr 7, 2016
$3,700,000
1001 East Wt Harris Boulevard
Kirk William B JR|town Center Business LLC
Trustees Deed
related
—
Feb 10, 2005
$4,100,000
Town Center Business LLC
Town Center Busn Center Assocs
Grant Deed
—
Feb 10, 2005
—
Town Center Business LLC
Town Center Busn Center Assocs
Quit Claim Deed
$3,375,000 · Artesia Mortgage Capital Corp
—
—
Town Center Business LLC
—
Deed Of Trust
related
$4,700,000 · Artesia Mortgage Capital Corp
—
—
Town Center Charlotte LLC
—
Deed Of Trust
related
$2,559,375 · Td Bk NA
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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