Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    10737 Independence Hl Rd Charlotte, NC 28269
    Back to Search
    Property profile & analytics

    10737 Independence Hl Rd, Charlotte, NC 28269

    View on Map
    • Manufacturing properties
    • 48,856 SF
    • 3.69 lot acres
    Off-Market
    Property ID
    US53-0459395
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $4,135,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 10737 Independence Hl Rd

    Year built
    1989
    Lot size
    3.69 lot acres
    Zone code
    I-1(CD)
    Property type
    Manufacturing properties
    APN
    19329401
    APU
    19329401

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jan 26, 2016 $2,742,000 Independence Pointe Investments Estul Warranty Deed $2.2M · Pnc Bank NA
    Jan 26, 2016 — Rx Textiles Real Estate LLC Independence Pointe Invs LLC Dual Purpose Document · related —
    Mar 13, 1995 $1,500,500 Estul,llc Estul,llc Grant Deed · related —
    Jun 1, 1990 $2,188,500 International Healthco Unknown Grant Deed —
    — — Independence Pointe Invs LLC — Loan Modification · related $1.1M · Joseph A III Davant

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7054
    Latitude
    35.1195
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $25,010
    $888,800
    $2,492,700
    $3,381,500
    -
    $888,800
    $2,492,700
    $3,381,500

    Comparable in this City

    • Value Estimation
      $2,350,000
      25,820 SF

      5104 Graham St

      MANUFACTURING (LIGHT)
      5104 Graham St, Charlotte, NC 28269-4829
      View Details
    • Value Estimation
      $3,745,000
      42,604 SF

      9960 Metromont Industrial Blvd

      HEAVY MANUFACTURING
      9960 Metromont Industrial Blvd, Charlotte, NC 28269
      View Details
    • Value Estimation
      $29,815,000
      381,821 SF

      9701 Old Statesville Rd

      MANUFACTURING (LIGHT)
      9701 Old Statesville Rd, Charlotte, NC 28269-7630
      View Details
    • Value Estimation
      $7,410,000
      87,969 SF

      12210 Vance Davis Dr

      MANUFACTURING (LIGHT)
      12210 Vance Davis Dr, Charlotte, NC 28269-7621
      View Details
    • Value Estimation
      $2,670,000
      26,650 SF

      9750 Twin Lks Pkwy

      MANUFACTURING (LIGHT)
      9750 Twin Lks Pkwy, Charlotte, NC 28269-7650
      View Details
    • Value Estimation
      $770,000
      8,350 SF

      5518 Nevin Rd

      MANUFACTURING (LIGHT)
      5518 Nevin Rd, Charlotte, NC 28269-7359
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      112,145 SF

      Proposed 110,000 SF Industrial Building

      Proposed 110,000 SF industrial building in Charlotte, NC for rent.
      4923 N Graham St, Charlotte, NC 28269
      View Details
    • Contact for pricing
      23,430 SF

      NNN Leased Industrial Warehouse

      Industrial warehouse NNN leased, prime 1031 exchange opportunity.
      3316 Gibbon Rd, Charlotte, NC 28269
      View Details
    • Contact for pricing
      1.00 Acre

      Charlotte Outparcel Investment Opportunity

      1-Acre Commercial Land, Prime Location
      5336 Docia Crossing Rd, Charlotte, NC 28269
      View Details
    • Contact for pricing

      Land in Growing Charlotte Suburb

      Land for sale in rapidly developing Mallard Creek area.
      5323 Prosperity Church Rd, Charlotte, NC 28269
      View Details
    • Contact for pricing

      Land For Sale

      Land available for sale.
      4540 Johnston Oehler Rd, Charlotte, NC 28269
      View Details
    • Contact for pricing
      36,735 SF

      Retail Building Near North Lake

      36,735 SF retail building with frontage on I-77.
      7215 Smith Corners Blvd, Charlotte, NC 28269
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      8,300 SF

      Charlotte Warehouse Space Available

      8,300 sqft warehouse space for lease in Charlotte, NC.
      2311 Distribution Center Dr, Charlotte, NC 28269
      View Details
    • $13 SF/Yr
      13,500 SF

      Charlotte Warehouse Space Available

      13,500 sqft warehouse space for lease in Charlotte, NC.
      2307 Distribution Center Dr, Charlotte, NC 28269
      View Details
    • Contact for pricing

      Warehouse Space in North Submarket

      Warehouse space featuring one dock-high door and 18’ clear height.
      9115 Old Statesville Rd, Charlotte, NC 28269
      View Details
    • Contact for pricing

      Industrial Flex Space For Rent

      Industrial and flex spaces available, ranging from 2,400 to 8,500 SF.
      8718 Statesville Rd, Charlotte, NC 28269
      View Details
    • Contact for pricing

      New Construction Flex Space Available

      6,484 SF flex space for lease, convenient location.
      4348 Statesville Rd, Charlotte, NC 28269
      View Details
    • Contact for pricing
      8,300 SF

      Charlotte Industrial Space For Lease

      8,300 square foot industrial space available for lease.
      2311 Distribution Center Dr, Charlotte, NC 28269
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    10737 Independence Hl Rd
    Charlotte, NC 28269
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    10737 Independence Hl Rd, Charlotte, NC, 28269
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!