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Property profile & analytics
OFF-MARKET
Estimated value
$1,470,000
Banks
101 Kings Dr Charlotte, NC 28204-2795
Entity Owned
9-yr Hold
Free & Clear
Property ID
US53-1165358
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1994
Total area
25,644 SF
Lot
1.84 ac (80,325 SF)
Zoning code
MUDD-O
APN
12510701
UPID
US53-1165358
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
Current use
Occupant on record · Public records
-
Barrington Oaks Apartments Apartment Building
-
Keller Williams Real Estate Agency
-
ATM (Truist Bank) Atm
-
Elizabeth Park Park
-
Tribek Properties Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.47M
Owner & transaction history
Southstar Holdings-crown Conco · 9 yrs held
Southstar Holdings-crown Conco
since 2016
7 recorded transactions
Zoning & alternative use
MUDD-O · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$57 / 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
$103,353
Tax year 2023
Assessed value
$14,090,400
Assessed 2024
Previous assessed
$14,090,500
0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$14,090,300
Assessed improvement
$100
Land market value
$14,090,300
Improvement market value
$100
Total market value
$14,090,400
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1994
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
1
Rooms
5
Total area
25,644 SF
Lot
1.84 ac (80,325 SF)
Zoning code
MUDD-O
APN
12510701
UPID
US53-1165358
Jurisdiction
MECKLENBURG
Zoning & alternative use
MUDD-O · Charlotte, NC
Zoning MUDD-O · permitted uses
MUDD-O · 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.
Building & site characteristics
From public records
Year built
1994
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Rooms
5
Lot
1.84 ac
Current owner
From public records · entity-resolved
Southstar Holdings-crown Conco
Entity
Free & Clear · 9 yrs held
Mailing address
101 S KINGS DR STE #200, CHARLOTTE, NC 28204-2797
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 21, 2021
—
Southstar Holdings-crown Conco
—
Deed
related
$5,324,000 · Towne Bk
Jul 26, 2018
—
Southstar Holdings-crown Conco
—
Deed
related
$300,000 · Paragon Bk
Aug 12, 2016
—
Southstar Holdings-crown Conco
Republic Bk & Trust
Quit Claim Deed
related
—
Aug 10, 2016
$5,950,000
Southstar Holdings Crown Concord Ll
Suntrust Bank
Special Warranty Deed
—
Aug 8, 1997
$125,500
City Of Charlotte
City Of Charlott
Grant Deed
related
—
—
—
Southstar Holdings-crown Conco
—
Deed Of Trust
related
$300,000 · Paragon Bk
—
—
Southstar Holdings-crown Conco
—
Deed Of Trust
related
$5,324,000 · Towne Bk
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.
Try Rey
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