Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    13731 Steele Crk Rd Charlotte, NC 28273-6841

    • Medical offices
    • 7,000 SF
    • 0.95 lot acres
    OFF-MARKET
    Value Estimations
    $1,285,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-2914278
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jackson Orthodontics / Dental Office
    • Dr. Alfred Jackson / Dental Office
    • Creekside Smiles Pediatric Dentistry / Dental Office
    • Jessica Simon / Dental Office

    Property Details for 13731 Steele Crk Rd

    Year built
    2019
    Lot size
    0.95 lot acres
    Property size
    7,000 SF
    Zone code
    O-1(CD)
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    20123127
    APU
    20123127

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,615,000
      6.5%
      $1,490,000
      7%
      $1,385,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9877
    Latitude
    35.1071
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $14,941
    $766,100
    $1,270,900
    $2,037,000
    -
    $766,100
    $1,270,900
    $2,037,000

    Comparable in this City

    • Value Estimation
      $10,025,000
      12,775 SF

      14166 Steele Crk Rd

      MEDICAL BUILDING • 12,775 SF
      14166 Steele Crk Rd, Charlotte, NC 28273-3968
      View Details
    • Value Estimation
      $10,475,000
      24,990 SF

      13425 Hoover Crk Blvd

      MEDICAL BUILDING • 24,990 SF
      13425 Hoover Crk Blvd, Charlotte, NC 28273-0169
      View Details
    • Value Estimation
      $1,305,000
      6,242 SF

      9201 Tryon St

      MEDICAL BUILDING • 6,242 SF
      9201 Tryon St, Charlotte, NC 28273-4238
      View Details
    • Value Estimation
      $1,295,000
      6,394 SF

      9332 Tryon St

      MEDICAL BUILDING • 6,394 SF
      9332 Tryon St, Charlotte, NC 28273-3108
      View Details
    • Value Estimation
      $1,330,000
      10,036 SF

      7901 England St

      MEDICAL BUILDING • 10,036 SF
      7901 England St, Charlotte, NC 28273-5915
      View Details
    • Value Estimation
      $745,000
      5,312 SF

      700 Hebron St

      MEDICAL BUILDING • 5,312 SF
      700 Hebron St, Charlotte, NC 28273-5993
      View Details

    Similar Nearby for Sale

    • $450,000
      1,427 SF

      Executive Office Suite, Charlotte

      1,427 SF Office Space - $450,000
      10965 Winds Crossing Dr, Charlotte, NC 28273
      View Details
    • Contact for pricing
      36,000 SF

      Class A Flex Building

      Flex/industrial space near Westinghouse Blvd, I-485, and I-77.
      11101 Park Charlotte Blvd, Charlotte, NC 28273
      View Details
    • Contact for pricing
      1.13 Acres

      Steele Creek Commercial Land

      1.134 Acres, High-Visibility Lot
      8612 Steele Creek Rd, Charlotte, NC 28273
      View Details
    • $320,000
      1,978 SF

      Move-In-Ready Townhome with En-Suite Baths

      Three-bedroom townhome with en-suite baths, close to amenities.
      7753 Jackson Pond Dr, Charlotte, NC 28273
      View Details
    • $238,000
      1,094 SF

      Freshly Painted Interior Home

      Home with fresh interior paint and home warranty coverage available.
      14123 Tranters Creek Ln, Charlotte, NC 28273
      View Details
    • $300,000

      Commercial Land Near Shopping Center

      1.15 acre commercial land parcel near South Carolina border.
      10716 John Price Rd, Charlotte, NC 28273
      View Details

    Similar Nearby for Lease

    • $22 SF/Yr
      36,231 SF

      Class A Office Space Available

      Modern, renovated office space in a prime Charlotte location.
      9401 Arrowpoint Blvd, Charlotte, NC 28273
      View Details
    • $35 SF/Yr
      11,067 SF

      Medical Office Building in Charlotte

      Two-story medical office building in booming Steele Creek submarket.
      13515 Steele Creek Rd, Charlotte, NC 28273
      View Details
    • $22 SF/Yr
      14,645 SF

      Ayrsley Executive Office Suites

      Modern Charlotte Office Space, Flexible Terms
      2015 Ayrsley Town Blvd, Charlotte, NC 28273
      View Details
    • $22 SF/Yr
      8,041 SF

      Arrowpoint Blvd Office Space Available

      Office space available immediately in Charlotte, North Carolina.
      9140 Arrowpoint Blvd, Charlotte, NC 28273
      View Details
    • Contact for pricing

      Office Space in Charlotte, NC

      Office space available in desirable Charlotte location near corporate offices.
      Charlotte, NC 28273
      View Details
    • Contact for pricing
      30,000 SF

      30,000 SF Warehouse with Office

      Warehouse with office space and outdoor storage near I-77/I-485.
      11520 Granite St, Charlotte, NC 28273
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    13731 Steele Crk Rd
    Charlotte, NC 28273-6841
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.