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Property profile & analytics
OFF-MARKET
Estimated value
$18,850,000
Auto shops
120 Ctr St, Charlotte, NC 28216-4064
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-1939806
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Total area
3,310 SF
Lot
0.66 ac (28,898 SF)
Zoning code
I-2
APN
6512301
UPID
US53-1939806
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
$18.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$18.85M
Owner & transaction history
Waste Management Of Carolinas INC · 2 yrs held
Waste Management Of Carolinas INC
since 2024
Last sale
$18.9M
7 recorded transactions
Zoning & alternative use
I-2 · 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
Method
Estimation
Statistic approach
$18,850,000
ML approach
$18,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$18.85M
Range $16.97M – $20.74M · ±10% · vs last sale $18.85M (May 1 2024)
Last sale anchor
$18.85M
May 1 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$5,695 / 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
$3,355
Tax year 2023
Assessed value
$457,400
Assessed 2024
Previous assessed
$459,400
-0.4% YoY
Effective rate
0.73%
On assessed value
Assessed land
$258,700
Assessed improvement
$198,700
Land market value
$258,700
Improvement market value
$198,700
Total market value
$457,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1981
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
4
Total area
3,310 SF
Lot
0.66 ac (28,898 SF)
Zoning code
I-2
APN
6512301
UPID
US53-1939806
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-2 · Charlotte, NC
Zoning I-2 · permitted uses
I-2 · 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
1981
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
4
Lot
0.66 ac
Current owner
From public records · entity-resolved
Waste Management Of Carolinas INC
Entity
Free & Clear · 2 yrs held
Mailing address
800 CAPITOL ST #300, HOUSTON, TX 77002-2925
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2024
—
Waste Management Of Carolinas INC
Oleary Group Business Park LLC
Quit Claim Deed
related
—
May 1, 2024
$18,850,000
Waste Management Of Carolinas INC
Oleary Group Business Park LLC
Special Warranty Deed
—
Apr 30, 2019
—
Oleary Grp Busn Pk LLC
—
Grant Deed
related
$11,000,000 · Branch Bk&tr
Feb 13, 2018
$770,000
Oleary Group Busn Park LLC
Tucker Properties LLC
Grant Deed
—
Sep 24, 2012
—
Oleary Group Busn Park LLC
Oleary Group Waste Systems Ll
Quit Claim Deed
related
—
Jul 18, 2012
$1,178,000
Oleary Group Waste Systems Ll
Tucker Properties LLC
Grant Deed
—
—
—
Tucker Properties LLC
—
Deed Of Trust
related
$390,000 · Yadkin Valley Bank & Trust Co
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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