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Property profile & analytics
OFF-MARKET
Estimated value
$1,975,000
Office buildings
1425 Cressida Dr, Charlotte, NC 28210-5683
Entity Owned
~
Est. High Equity
Property ID
US53-5722367
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1998
Total area
10,830 SF
Lot
3.08 ac (134,252 SF)
Zoning code
I-2(CD)
APN
20701118
UPID
US53-5722367
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
-
Moisture Loc Hardware & Home Improvement Construction Company
-
Stone Shooters of the Carolinas General Contractor
-
Moisture Loc, Inc. Hardware & Home Improvement Construction Company
-
Doggett Concrete Construction Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.75M
Comparable Approach
Comparable
$1.43M
Blend (final)
Blend
$1.98M
Owner & transaction history
Doggett LLC
Doggett LLC
since 2026
7 recorded transactions
Zoning & alternative use
I-2(CD) · Charlotte, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$2,975,000
6.5%
$2,745,000
7%
$2,550,000
Blend value · Realmo final
$1.98M
Range $1.78M – $2.17M · ±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
$182 / 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
$16,318
Tax year 2023
Assessed value
$2,224,700
Assessed 2024
Previous assessed
$1,876,800
+18.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,133,900
Assessed improvement
$1,090,800
Land market value
$1,133,900
Improvement market value
$1,090,800
Total market value
$2,224,700
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
1998
Heating
STEAM
Cooling
AC.PACKAGE
Stories
1
Units
1
Total area
10,830 SF
Lot
3.08 ac (134,252 SF)
Zoning code
I-2(CD)
APN
20701118
UPID
US53-5722367
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-2(CD) · Charlotte, NC
Zoning I-2(CD) · permitted uses
I-2(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.
Building & site characteristics
From public records
Year built
1998
Heating
STEAM
Cooling
Yes
Stories
1
Units
1
Lot
3.08 ac
Current owner
From public records · entity-resolved
Doggett LLC
Entity
Mailing address
1425 CRESSIDA DR, CHARLOTTE, NC 28210-5683
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
—
Doggett LLC
—
Deed
related
$3,200,000 · Pinnacle Bank
Apr 26, 2023
—
Doggett LLC
—
Deed
related
$700,000 · Pinnacle Bank
Dec 13, 2019
—
Doggett LLC
—
Deed
related
$858,000 · Cogent Bank
Aug 9, 2018
—
Doggett LLC
—
Deed
related
$1,200,000 · Pinnacle Bk
—
—
Doggett LLC
—
Deed Of Trust
related
$400,000 · Rbc Centura Bank
—
—
Doggett LLC
—
Loan Modification
related
$1,200,000 · Pinnacle Bk
—
—
Doggett LLC
—
Deed Of Trust
related
$2,325,000 · Bank Of North Carolina
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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