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Property profile & analytics
OFF-MARKET
Estimated value
$7,610,000
Assisted living facilities
10111 Providence W Rd Charlotte, NC 28277
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-0460574
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
2013
Total area
254,527 SF
Lot
8.76 ac (381,498 SF)
Zoning code
MX2
APN
22901105
UPID
US53-0460574
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
$7.61M
Owner & transaction history
10225 Old Ardrey Kell Nc Propco LLC · 2 yrs held
10225 Old Ardrey Kell Nc Propco LLC
since 2023
6 recorded transactions
Zoning & alternative use
MX2 · 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
$30 / 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
$365,541
Tax year 2023
Assessed value
$49,835,200
Assessed 2024
Previous assessed
$55,337,000
-9.9% YoY
Effective rate
0.73%
On assessed value
Assessed land
$2,608,400
Assessed improvement
$47,226,800
Land market value
$2,608,400
Improvement market value
$47,226,800
Total market value
$49,835,200
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
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Status
Off-Market
Year built
2013
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
3
Total area
254,527 SF
Lot
8.76 ac (381,498 SF)
Zoning code
MX2
APN
22901105
UPID
US53-0460574
Jurisdiction
MECKLENBURG
Zoning & alternative use
MX2 · Charlotte, NC
Zoning MX2 · permitted uses
MX2 · 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
2013
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
4
Lot
8.76 ac
Current owner
From public records · entity-resolved
10225 Old Ardrey Kell Nc Propco LLC
Entity
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 6, 2023
—
10225 Old Ardrey Kell Nc Propco LLC
Charlotte Sc Senior Housing Propco
Special Warranty Deed
—
Aug 7, 2013
—
Liberty Healthcare Properties Of Br
Liberty Healthcare Properties Of Me
Intrafamily Transfer
related
$30,000,000 · Suntrust Bank
Dec 20, 2010
$2,505,000
Liberty Healthcare Props Of Meckl
Simpson,david T JR
Trustees Deed
related
—
Jan 21, 2009
—
Qcl LLC
Mcalpine-providence Road West
Grant Deed
related
—
Aug 31, 2007
$418,000
Mcalpine-providence Road West
Johnson,gregory J & Brenda E
Warranty Deed
—
—
—
Mcalpine-providence Road West
—
Deed Of Trust
related
$740,000 · Nvr INC
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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