Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,320,000
Office Spaces
1515 Shopton Rd Charlotte, NC 28217-3172
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-5796004
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2006
Total area
15,313 SF
Lot
2.84 ac (123,885 SF)
Zoning code
NS
APN
14324109
UPID
US53-5796004
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
-
VizRepublic Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Sallah Group Business Management Consultant
-
HydroFleet Car Dealership
-
VisionBuilders & Design Marketing & Advertising (Bike/Boat/Book/etc) Store
-
E.S. Wagner Co., LLC Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.48M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.32M
Owner & transaction history
Dplus2 LLC · 5 yrs held
Dplus2 LLC
since 2021
Last sale
$2.2M
7 recorded transactions
Zoning & alternative use
NS · 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
$2,500,000
ML approach
$2,480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.32M
Range $2.09M – $2.55M · ±10% · vs last sale $2.15M (Jun 3 2021)
Last sale anchor
$2.15M
Jun 3 2021
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
Tax billed
$15,732
Tax year 2023
Assessed value
$2,144,800
Assessed 2024
Previous assessed
$2,144,800
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed improvement
$2,144,800
Improvement market value
$2,144,800
Total market value
$2,144,800
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2006
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
15,313 SF
Lot
2.84 ac (123,885 SF)
Zoning code
NS
APN
14324109
UPID
US53-5796004
Jurisdiction
MECKLENBURG
Zoning & alternative use
NS · Charlotte, NC
Zoning NS · permitted uses
NS · 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
2006
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
2.84 ac
Current owner
From public records · entity-resolved
Dplus2 LLC
Entity
Mailing address
1515 SHOPTON RD, CHARLOTTE, NC 28217-3172
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
—
Dplus2 LLC
—
Deed
related
$2,800,000 · First Citizens Bank & Trust Co
Dec 15, 2021
—
Dplus1 LLC
—
Deed
related
—
Jun 3, 2021
$2,150,000
Dplus2 LLC
Ccc Real Estate Holdings Co LLC
Special Warranty Deed
$2,864,000 · Pinncacle Bank
Nov 30, 2020
$2,625,000
Ccc Real Estate Holding Co LLC
David G Budd II
Grant Deed
—
Dec 19, 2017
—
Aliyah Estates LLC
—
Deed
related
$500,000 · Newtek Small Busn Fin
Oct 2, 2017
$2,349,500
Aliyah Estates LLC
Tryon South Prof Center 1515 L
Grant Deed
$3,500,000 · Newtek Small Busn Fin
Mar 30, 2017
—
Tryon South Prof Center 1515 L
—
Deed
related
$755,000 · Allegacy FCU
Aug 20, 2014
—
Tryon South Prof Center 1515 L
—
Grant Deed
related
$1,960,000 · Allegacy FCU
Sep 30, 2010
$2,800,000
Tryon South Prof Center 1515 L
Sharon Lakes INC
Warranty Deed
$2,380,000 · Rbc Bank (usa)
Jul 24, 2008
$2,550,000
Sharon Lakes INC
Tryon South Prof Center LLC
Warranty Deed
$4,675,000 · Rbc Bank (usa)
Sep 5, 2007
$2,087,000
Tryon South Prof Center 1515 L
Tryon South Prof Center LLC
Warranty Deed
related
$2,550,000 · Rbc Centura Bank
—
—
Tryon South Prof Center 1515 L
—
Deed Of Trust
related
$755,000 · Allegacy FCU
—
—
Aliyah Estates LLC
—
Deed Of Trust
related
$500,000 · Newtek Small Busn Fin
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1515 Shopton Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
