Entity Owned 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
Current use
Occupant on record · Public records
-
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
since 2026
Last sale
$20.5M
6 recorded transactions
Zoning & alternative use
I-1(CD) · Charlotte, NC
Zoning description
The primary purpose of this light industrial district is to create and protect industrial areas for light manufacturing and the distribution of products at wholesale, this conditional district allow for the establishment…
General category
INDUSTRIAL
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 7 comparables with addresses
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$19.79M
Value range
$17.81M – $21.76M
±10% around blend
Estimated value / SF
$152 / SF
Confidence
High
7 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
70
$17.81M
blend $19.79M
$21.76M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
129,781 SF
Lot area
7.49 ac
Year built
1999
Stories
1
APN
5523106
Assessed value
$9,347,400
3
Income approach: direct capitalization
Partial preview
Income approach indication
$24.76M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$26.82M
@ 6.5% CAP return
$24.76M
@ 7% CAP return
$22.99M
4
Sales comparison
Partial preview
Sales approach indication
$20.54M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
8.3 mi away · 99,876 SF
10.1 mi away · 103,686 SF
11.2 mi away · 168,066 SF
11.7 mi away · 125,254 SF
17.2 mi away · 121,395 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$19.79M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 29 sales
$114
+34%
Submarket 411 sales
$135
+13%
County 452 sales
$128
+19%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $152/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
Not available
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$20.51M
Move the market yield to see immediate price impact.
Value / SF
$158
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.29M
$25.84M
$18.46M
$14.36M
$1.44M
$28.72M
$20.51M
$15.95M
$1.58M
$31.59M
$22.56M
$17.55M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$18.72M
0.1 mi · Feb 2026 · $161/SF
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
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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, NCZoning I-1(CD) · permitted uses
I-1(CD) · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Zoning description
The primary purpose of this light industrial district is to create and protect industrial areas for light manufacturing and the distribution of products at wholesale, this conditional district allow for the establishment…
General category
INDUSTRIAL
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
7.49 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Matched to the official district catalog
I-1(CD)
INDUSTRIAL
Jurisdiction
Charlotte, NC
Recorded code
I-1(CD)
Official district
I-1(CD)
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I-1(CD) in Charlotte, NC.
What opens after registration
Zoning profile
Official descriptionThe district text from the municipal code
District factsZone name, category and district area
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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