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Property profile & analytics
OFF-MARKET
Estimated value
$19,785,000
Warehouses
1450 Pointe Dr Charlotte, NC 28214-9290
Entity Owned
Free & Clear
Property ID
US53-1470905
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Total area
129,781 SF
Lot
7.49 ac (326,134 SF)
Zoning code
I-1(CD)
APN
5523106
UPID
US53-1470905
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
-
Barrday Corporation Professional Services
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.76M
Comparable Approach
Comparable
$13.36M
Blend (final)
Blend
$19.79M
Owner & transaction history
1450 West Pointe LLC
1450 West Pointe LLC
since 2026
Last sale
$20.5M
6 recorded transactions
Zoning & alternative use
I-1(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%
$26,815,000
6.5%
$24,755,000
7%
$22,985,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$14,765,000
Current use
Blend value · Realmo final
$19.79M
Range $17.81M – $21.76M · ±10% · vs last sale $20.51M (Feb 13 2026)
Last sale anchor
$20.51M
Feb 13 2026
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
$152 / 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
Assessed value
$9,347,400
Assessed 2024
Previous assessed
$9,597,900
-2.6% YoY
Assessed land
$883,800
Assessed improvement
$8,463,600
Land market value
$883,800
Improvement market value
$8,463,600
Total market value
$9,347,400
Applied tax rate
14.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Heating
FORCED AIR
Cooling
YES
Stories
1
Total area
129,781 SF
Lot
7.49 ac (326,134 SF)
Zoning code
I-1(CD)
APN
5523106
UPID
US53-1470905
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
WAREHOUSE, STORAGE Current
Est. value
$14.8M
WAREHOUSE, STORAGE Current
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
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
7.49 ac
Current owner
From public records · entity-resolved
1450 West Pointe LLC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 2980, CHICAGO, IL 60690-2980
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2026
$20,511,500
1450 West Pointe LLC
Icon Ipv Cimmaron Nc Owner Pool 5 N
Special Warranty Deed
—
Feb 13, 2024
—
Icon Ipv Cimmaron Nc Owner Pool 5 N
—
Deed
related
$300,000,000 · Wells Fargo Bank NA
Oct 2, 2019
—
Icon Ipv Cimmaron Nc Owner Poo
—
Grant Deed
related
—
Dec 31, 2012
—
Bre Of Ipv Cimmaron Nc LP
—
Deed Of Trust
related
$151,500,000 · New York Life Insurance
Jul 2, 2004
—
Prologis Brazos Nc
Prologis-north Carolina
Quit Claim Deed
related
—
Mar 1, 2004
$19,240,000
Carolina Prologis-north
Wp Associates I LLC
Warranty Deed
—
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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