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Property profile & analytics
OFF-MARKET
Estimated value
$1,340,000
Grocery and convenience stores
1312 Lasalle St Charlotte, NC 28216-4737
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-5394964
Property profile
Verified
Property type
Grocery and convenience stores
Use group
CONVENIENCE STORE
Year built
1978
Total area
1,998 SF
Lot
0.51 ac (22,232 SF)
Zoning code
B-1
APN
7504416
UPID
US53-5394964
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
-
Shell Grocery & Convenience Store
-
Xpress Mart Grocery & Convenience Store
-
LibertyX Bitcoin ATM Atm
-
Sam's Mart Grocery & Convenience Store
-
ATM (Sam's Mart) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.41M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.34M
Owner & transaction history
Gopal 9 LLC · 3 yrs held
Gopal 9 LLC
since 2022
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
B-1 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+131.1%
Office building
$905,000
+51.3%
Medical building
$805,000
+34.8%
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
$1,445,000
ML approach
$1,405,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,380,000
Change: +131% · Conversion: Easy
OFFICE BUILDING
$905,000
Change: +51% · Conversion: Moderate
MEDICAL BUILDING
$805,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$1.34M
Range $1.21M – $1.47M · ±10% · vs last sale $1.25M (Mar 20 2020)
Last sale anchor
$1.25M
Mar 20 2020
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
$671 / 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
$6,532
Tax year 2023
Assessed value
$890,500
Assessed 2024
Previous assessed
$890,500
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$611,800
Assessed improvement
$278,700
Land market value
$611,800
Improvement market value
$278,700
Total market value
$890,500
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
Grocery and convenience stores
Use group
CONVENIENCE STORE
Status
Off-Market
Year built
1978
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
2
Total area
1,998 SF
Lot
0.51 ac (22,232 SF)
Zoning code
B-1
APN
7504416
UPID
US53-5394964
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-1 · Charlotte, NC
Zoning B-1 · permitted uses
B-1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.4M
OFFICE BUILDING
Est. value
$905,000
MEDICAL BUILDING
Est. value
$805,000
COMMERCIAL (GENERAL)
OFFICE BUILDING
MEDICAL BUILDING
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
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
2
Lot
0.51 ac
Current owner
From public records · entity-resolved
Gopal 9 LLC
Entity
Mailing address
533 WOODED FLS RD, LOUISVILLE, KY 40243-2198
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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
Oct 14, 2022
$1,250,000
Gopal 9 LLC
Hart Investment II LLC
Special Warranty Deed
—
Mar 20, 2020
$825,000
Hart Investment II LLC
Sam S Investments IV LLC
Special Warranty Deed
$825,000 · South State Bank
Mar 21, 2014
$600,000
Sams Investments IV LLC
Zarifa INC
Grant Deed
—
Jun 3, 2008
$1,050,000
Zarifa INC
Sams Real Estate Holdings LLC
Special Warranty Deed
—
Dec 28, 2005
$950,000
Sams Real Estate Holdings LLC
Sams Mart INC
Warranty Deed
—
Apr 25, 1995
$266,500
Sam's Mart INC
Sam's Mart INC
Grant Deed
related
—
Jul 19, 1993
$266,500
Sami I Nafisi
Unknown
Grant Deed
—
—
—
Zarifa INC
—
Deed Of Trust
related
$23,892 · Lsaa LLC
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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