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Property profile & analytics
FOR SALE
Drive through restaurants
12936 Albemarle Rd, Mint Hill, NC 28227
Individually Owned
~
Est. High Equity
Property ID
US53-2238865
For Sale
Contact for pricing
12936 Albemarle Rd, Mint Hill, NC 28227
View Listing →
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
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
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
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 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
For Sale
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, NC
Zoning 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
Mint Hill. Always verify with local authorities before improvements.
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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