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Financial
Distress signals
Property profile

10725 John Price Rd Charlotte, NC 28273

FOR LEASE
Other warehouses
Property ID
US53-1600116
19,614 SF 1.52 ac lot Built 1988
Last sale Jun 2026 · $3,250,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 10725 John Price Rd in Charlotte’s Steele Creek area is a 19,875-square-foot industrial building on a 1.5173-acre lot, zoned I-1 for light industrial use. Constructed in 1988, it underwent renovations in 2022 and provides 20-foot clear interior height, three dock-high loading doors, and one grade level door. The site is positioned for access to major regional transportation routes, including nearby I-485, I-77, and I-85, and the building is configured for uses such as warehousing, distribution, or light manufacturing.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$17k
Tax billed · 2023
Assessed value · 2024$2.26M
Assessed land$360k
Assessed improvement$1.90M
Effective rate0.73%

Value estimate

· Oct 2026
$75k
$68k – $83k
AI approach$90k
NOI build-up
Gross scheduled income$310k
Vacancy & credit loss−$20k
Operating expenses−$87k
NOI · 1,503,170.37% cap applied$203k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$101/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$33 – $158
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,503,170.37%
$203k estimated NOI · market benchmarks for this use type

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

Zoning insight

What can be built here?
I-1
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm14.1
Pharmacy11.6
Convenience Store10.4

Location

10725 John Price Rd Charlotte, NC 28273
County assessor Recorded deeds · 6 transfers 3 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
11949 Steele Crk, Charlotte, NC 28273-3773 $12,600,000 Jan 2026 26,562 SF
3109 Westinghouse, Charlotte, NC 28273-6519 $2,100,000 Nov 2024 14,880 SF
4729 Stockholm, Charlotte, NC 28273-5995 $37,500 Jun 2024 11,704 SF
606 Hebron, Charlotte, NC 28273-5991 $990,000 Feb 2024 24,600 SF
4100 Turtle Crk, Charlotte, NC 28273-3742 $152,000 Dec 2023 19,011 SF
Charlotte, NC 28273 $1,770,000 Dec 2023 11,692 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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