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Property profile & analytics
OFF-MARKET
Estimated value
$280,000
Drive through restaurants
12936 Albemarle Rd Mint Hill, NC 28227-6905
Individually Owned
~
Est. High Equity
Property ID
US53-2238865
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2020
Total area
2,248 SF
Lot
1.26 ac (54,973 SF)
Zoning code
B-G
APN
13715258
UPID
US53-2238865
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
$310k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$280k
Owner & transaction history
Charles Raeford Driver
Charles Raeford Driver
since 2025
7 recorded transactions
Zoning & alternative use
B-G · Mint Hill, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
Provides basically for retail sales and services, and other compatible uses primarily.
Zone name
General Business
General category
COMMERCIAL
Zone area
61.01 ac
Source
Realmo
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 Mint Hill submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mint Hill 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
$310,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$280k
Range $252k – $308k · ±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
$125 / 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
$10,712
Tax year 2023
Assessed value
$1,534,400
Assessed 2024
Previous assessed
$1,669,100
-8.1% YoY
Effective rate
0.70%
On assessed value
Assessed land
$844,000
Assessed improvement
$690,400
Land market value
$844,000
Improvement market value
$690,400
Total market value
$1,534,400
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2020
Cooling
AC.PACKAGE
Stories
1
Total area
2,248 SF
Lot
1.26 ac (54,973 SF)
Zoning code
B-G
APN
13715258
UPID
US53-2238865
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-G · Mint Hill, NCZoning B-G · permitted uses
B-G · Mint Hill, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
Provides basically for retail sales and services, and other compatible uses primarily.
Zone name
General Business
General category
COMMERCIAL
Zone area
61.01 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2020
Cooling
Yes
Stories
1
Lot
1.26 ac
Current owner
From public records · entity-resolved
Charles Raeford Driver
Individual
Mailing address
PO BOX 15726, ASHEVILLE, NC 28813-0726
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2025
$1,975,000
Charles Raeford Driver
Bh2 Properties LLC
Special Warranty Deed
—
Nov 8, 2022
—
Brumit Restaurant Group LLC
Bh2 Properties LLC
Lease
—
Oct 14, 2022
—
Bh2 Properties LLC
Brumit Restaurant Group LLC
Special Warranty Deed
—
Oct 3, 2022
$825,000
12928 Albemarle Road LLC
2427 Partners LLC
Special Warranty Deed
—
Dec 15, 2021
$635,000
2427 Partners LLC
Albemarle Road Associates LLC
Special Warranty Deed
$390,000 · Carter Bank & Trust
Dec 15, 2021
—
2427 Partners LLC
Albemarle Road Asscociates LLC
Deed
—
Jul 29, 2021
—
Brumit Restauratn Group LLC
—
Deed
related
$1,529,464 · Ameris Bank
Feb 5, 2021
$3,043,000
Brumit Restaurant Group LLC
Caliber Investments Albemarle Rocky
Special Warranty Deed
$2,753,035 · United FCU
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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