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Property profile & analytics
OFF-MARKET
Estimated value
$4,640,000
Office buildings
13310 Rdg Dr Charlotte, NC 28273-4961
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-4959632
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Total area
11,940 SF
Lot
1.81 ac (78,626 SF)
Zoning code
I-1(CD)
APN
20320109
UPID
US53-4959632
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
-
Warrior Workspace Coworking & Hybrid Office
-
Action Behavior Centers - ABA Therapy for Autism Pediatrician
-
Alliance Medical Partners Group Medical Billing Service
-
THRIVEPOINT MEDICAL LABORATORIES Medical Laboratory
-
Fetch Truck Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.64M
CAP Approach
CAP
$3.03M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.64M
Owner & transaction history
Southridge Medical LLC · 1 yrs held
Southridge Medical LLC
since 2024
Last sale
$4.6M
7 recorded transactions
Zoning & alternative use
I-1(CD) · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.6M
+197.2%
Medical building
$4.8M
+87.4%
Retail stores
$3.9M
+50.6%
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
$4,640,000
ML approach
$4,640,000
CAP Approach
CAP Return
Estimation
6%
$3,280,000
6.5%
$3,025,000
7%
$2,810,000
Alternative Use
Use
Estimation
RESTAURANT
$7,630,000
Change: +197% · Conversion: Moderate
MEDICAL BUILDING
$4,810,000
Change: +87% · Conversion: Easy
RETAIL STORES
$3,865,000
Change: +51% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$3,570,000
Change: +39% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,110,000
Change: +21% · Conversion: Difficult
Blend value · Realmo final
$4.64M
Range $4.18M – $5.10M · ±10% · vs last sale $4.64M (Sep 4 2024)
Last sale anchor
$4.64M
Sep 4 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
$389 / 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
$13,785
Tax year 2023
Assessed value
$1,879,400
Assessed 2024
Previous assessed
$1,879,400
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$910,800
Assessed improvement
$968,600
Land market value
$910,800
Improvement market value
$968,600
Total market value
$1,879,400
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2005
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
11,940 SF
Lot
1.81 ac (78,626 SF)
Zoning code
I-1(CD)
APN
20320109
UPID
US53-4959632
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-1(CD) · Charlotte, NC
Zoning I-1(CD) · permitted uses
I-1(CD) · 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
RESTAURANT
Est. value
$7.6M
MEDICAL BUILDING
Est. value
$4.8M
RETAIL STORES
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RESTAURANT
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2005
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Southridge Medical LLC
Entity
Mailing address
11460 N TOMAHAWK CRK PKWY STE #320, LEAWOOD, KS 66211-7806
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 4, 2024
$4,640,000
Southridge Medical LLC
Mcr Abc Charlotte LLC
Special Warranty Deed
$2,760,000 · American Nation Bank
May 24, 2023
$2,240,000
Mcr Abc Charlotte LLC
Spider Property South Point LLC
Special Warranty Deed
$2,558,497 · Luminate Bank
Dec 29, 2020
—
Spider Prop S Pt LLC
Charlotte Pinnacle LLC
Grant Deed
—
Dec 18, 2020
$17,200
Spider Property South Point LLC
Charlotte Pinnacle LLC
Warranty Deed
$1,290,000 · Bank & Trust Co
Aug 17, 2006
—
Charlotte Pinnacle LLC
—
Trustees Deed
related
$750,000 · First Community Bank
Feb 22, 2005
$131,000
Charlotte Pinnacle LLC
1220 Pulaski INC
Grant Deed
$130,619 · First Community Bank
Mar 5, 1999
$141,000
Spm Partners
Atapco South Poi
Grant Deed
—
Sep 12, 1997
$202,000
Upe Management LLC
Upe Management L
Grant Deed
related
—
Dec 20, 1996
—
Primax Properties LLC
—
Deed Of Trust
related
$900,000 · Central Carolina Bank & Trust
Jun 26, 1996
—
Atapco South Point INC
Atapco South Poi
Quit Claim Deed
related
—
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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