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Property profile & analytics
OFF-MARKET
Estimated value
$4,450,000
Distribution centers
1200 Amble Dr Charlotte, NC 28206-1306
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-1438069
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1968
Total area
45,450 SF
Lot
28.79 ac (1,253,918 SF)
Zoning code
I2
APN
8709205
UPID
US53-1438069
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
-
Southeastern Freight Lines Freight Service Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.15M
Blend (final)
Blend
$4.45M
Owner & transaction history
Bkt Enterprises LP · 3 yrs held
Bkt Enterprises LP
since 2023
6 recorded transactions
Zoning & alternative use
I2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,630,000
Current use
Blend value · Realmo final
$4.45M
Range $4.01M – $4.90M · ±10%
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
$98 / 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
$33,187
Tax year 2023
Assessed value
$4,524,400
Assessed 2024
Previous assessed
$3,550,200
+27.4% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,848,000
Assessed improvement
$676,400
Land market value
$3,848,000
Improvement market value
$676,400
Total market value
$4,524,400
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1968
Heating
YES
Buildings
2
Stories
1
Rooms
1
Total area
45,450 SF
Lot
28.79 ac (1,253,918 SF)
Zoning code
I2
APN
8709205
UPID
US53-1438069
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2 · Charlotte, NCZoning I2 · permitted uses
I2 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.6M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Heating
YES
Stories
1
Buildings
2
Rooms
1
Lot
28.79 ac
Current owner
From public records · entity-resolved
Bkt Enterprises LP
Entity
Free & Clear · 3 yrs held
Mailing address
PO BOX 1691, COLUMBIA, SC 29202-1691
Ownership since
2023
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
Jul 19, 2023
—
Bkt Enterprises LP
Southeastern Freight Lines INC
Special Warranty Deed
—
Jun 11, 2012
$1,952,000
Southeastern Freight Lines INC
Yrc INC
Grant Deed
—
Aug 3, 2011
—
Yrc INC
—
Deed Of Trust
related
$744,475,114 · J P Morgan Chase Bank
Jan 30, 2009
—
Yrc INC
—
Deed Of Trust
related
$1,100,000,000 · J P Morgan Chase Bank
Feb 28, 1996
$2,010,000
Roadway Express INC
Roadway,express
Grant Deed
related
—
Oct 10, 1989
$712,500
Services Development
Unknown
Grant Deed
—
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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