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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Assisted living facilities
11230 Ballantyne Trce Ct Charlotte, NC 28277-2791
Entity Owned
Free & Clear
Property ID
US53-5312295
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1997
Total area
40,446 SF
Lot
3.16 ac (137,867 SF)
Zoning code
R-12PUD
APN
22360402
UPID
US53-5312295
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
-
Paula A. Blankenburg, OT Physician
-
Nancy K. Burk, PTA Physician
-
Legacy Heights Senior Living Community Nursing Home Retirement Community
-
Susan Enright Physician
-
Dvorith (Debbie) Strauss Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.20M
Owner & transaction history
86ct Charlotte Propco LLC
86ct Charlotte Propco LLC
since 2025
7 recorded transactions
Zoning & alternative use
R-12PUD · 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
$48,164
Tax year 2023
Assessed value
$6,566,300
Assessed 2024
Previous assessed
$6,579,600
-0.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,941,600
Assessed improvement
$4,624,700
Land market value
$1,941,600
Improvement market value
$4,624,700
Total market value
$6,566,300
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
1997
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
40,446 SF
Lot
3.16 ac (137,867 SF)
Zoning code
R-12PUD
APN
22360402
UPID
US53-5312295
Jurisdiction
MECKLENBURG
Zoning & alternative use
R-12PUD · Charlotte, NC
Zoning R-12PUD · permitted uses
R-12PUD · 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
1997
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
3.16 ac
Current owner
From public records · entity-resolved
86ct Charlotte Propco LLC
Entity
Free & Clear · 0 yrs held
Mailing address
400 CTR ST, NEWTON, MA 02458-2094
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
30 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
$3,000,000
86ct Charlotte Propco LLC
Morningside Of Concord LLC
Special Warranty Deed
—
Feb 2, 2022
—
Morningdise Of Concord LLC
—
Deed
related
$95,000,000 · Midcap Funding Viii Trust
Feb 28, 2017
—
Morningside Of Concord LLC
Five Star Quality Care Obx Owner Ll
Special Warranty Deed
—
Dec 5, 2008
$10,233,500
Star Quality Care-obx Own Five
Charlotte Oakdale Prop LLC
Grant Deed
—
Feb 16, 2007
$20,000
J Fischers Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Feb 16, 2007
$78,000
Hodsons Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Feb 16, 2007
$158,000
Pestanas Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Feb 16, 2007
$801,500
Camrys Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Feb 16, 2007
$5,500
Hodsons Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Feb 16, 2007
$30,000
Liangs Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Feb 16, 2007
$284,000
S Smiths Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$134,500
Andersons Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$11,550,000
Charlotte Oakdale Property LLC
Oakdale Heights Charlotte I LLC
Special Warranty Deed
—
Dec 15, 2006
$20,000
Funks Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$51,500
Slakeys Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$605,500
Doyles Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$69,500
Sturzas Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$170,500
Nashs Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$195,000
Brandts Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$59,500
Tichinins Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$43,500
Fenners Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$21,000
Silversages Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$56,000
Parkers Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$584,500
Bucks Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$24,000
Lewis Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$180,500
Rigalis Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$511,000
Smiths Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$75,500
Golays Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Dec 15, 2006
$153,500
B & T Smiths Carolina 7 LLC
Charlotte Oakdale Property LLC
Warranty Deed
—
Nov 17, 1997
$7,020,000
Meditrust Acquisition Corp
Meditrust,acquis
Grant Deed
related
—
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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