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Property profile & analytics
OFF-MARKET
Assisted living facilities
11955 Howell Ctr Dr Charlotte, NC 28227
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-1496103
Property profile
Verified
Property type
Assisted living facilities
Use group
HOMES (RETIRED, NURSING)
Year built
1986
Construction
WOOD
Total area
1,644 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CR
APN
5524 06 3848
UPID
US53-1496103
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
by Request
Owner & transaction history
Nc Pace Re LLC · 10 yrs held
Nc Pace Re LLC
since 2015
6 recorded transactions
Zoning & alternative use
CR · 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
—
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 2024Property tax & assessments
Tax year 2024
Tax billed
$1,814
Tax year 2024
Assessed value
$268,380
Assessed 2024
Previous assessed
$173,840
+54.4% YoY
Effective rate
0.68%
On assessed value
Assessed land
$88,600
Assessed improvement
$179,780
Land market value
$88,600
Improvement market value
$179,780
Total market value
$268,380
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
1986
Construction
WOOD
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
1,644 SF
Lot
1.54 ac (67,082 SF)
Zoning code
CR
APN
5524 06 3848
UPID
US53-1496103
Jurisdiction
CABARRUS
Zoning & alternative use
CR · Charlotte, NC
Zoning CR · permitted uses
CR · 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
1986
Construction
WOOD
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.54 ac
Current owner
From public records · entity-resolved
Nc Pace Re LLC
Entity
Free & Clear · 10 yrs held
Mailing address
17 CHURCH ST, ASHEVILLE, NC 28801-3303
Ownership since
2015
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 28, 2015
$55,500
Nc Pace Re LLC
Hcci INC
Warranty Deed
—
Dec 28, 2015
—
Nc Pace Re LLC
Hcci INC
Grant Deed
related
—
Jan 3, 2007
—
Rha Of Howell Care Centers INC
Howells Child Care Center INC
Quit Claim Deed
related
—
Jul 25, 2005
$1,985,500
Albemarle Road-howell Road LLC
Vanguard Props Of Carolinas LLC
Grant Deed
—
Jul 25, 2005
$1,733,000
Vanguard Props Of Carolinas LLC
Howells Child Care Center INC
Grant Deed
—
—
—
Nc Pace Re LLC
—
Deed Of Trust
related
$196,000 · Midcap Fin'l
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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