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Property profile & analytics
OFF-MARKET
Estimated value
$1,245,000
Theaters & concert halls
16950 Birkdale Cmns Pkwy, Huntersville, NC 28078-4413
Entity Owned
7-yr Hold
Free & Clear
Property ID
US53-3049752
Property profile
Verified
Property type
Theaters & concert halls
Use group
THEATER (MOVIE)
Year built
2001
Total area
59,156 SF
Lot
6.09 ac (265,150 SF)
Zoning code
NR
APN
537151
UPID
US53-3049752
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.25M
Owner & transaction history
Mdc Nc2 LP · 7 yrs held
Mdc Nc2 LP
since 2019
7 recorded transactions
Zoning & alternative use
NR · Huntersville, 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 Huntersville submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntersville 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
$1,245,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.25M
Range $1.12M – $1.37M · ±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
$21 / 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
$87,643
Tax year 2023
Assessed value
$13,502,200
Assessed 2024
Previous assessed
$15,005,300
-10.0% YoY
Effective rate
0.65%
On assessed value
Assessed land
$8,517,200
Assessed improvement
$4,985,000
Land market value
$8,517,200
Improvement market value
$4,985,000
Total market value
$13,502,200
Applied tax rate
4.0000
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
Theaters & concert halls
Use group
THEATER (MOVIE)
Status
Off-Market
Year built
2001
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
14
Total area
59,156 SF
Lot
6.09 ac (265,150 SF)
Zoning code
NR
APN
537151
UPID
US53-3049752
Jurisdiction
MECKLENBURG
Zoning & alternative use
NR · Huntersville, NC
Zoning NR · permitted uses
NR · Huntersville, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Huntersville. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2001
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
14
Lot
6.09 ac
Current owner
From public records · entity-resolved
Mdc Nc2 LP
Entity
Free & Clear · 7 yrs held
Mailing address
2424 RDG RD, ROCKWALL, TX 75087-5116
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 28, 2019
$20,173,500
Mdc Nc2 LP
Regal Cinemas INC
Grant Deed
—
Aug 1, 2017
—
Regal Cinemas INC
—
Deed
related
—
Feb 15, 2017
—
Regal Cinemas INC
—
Deed
related
—
Aug 22, 2016
—
Regal Cinemas INC
—
Deed
related
—
Jul 26, 2005
$5,482,500
Regal Cinemas INC
Eastern Federal Corp
Grant Deed
—
—
—
Regal Cinemas INC
—
Loan Modification
related
—
—
—
Regal Cinemas INC
—
Loan Modification
related
—
—
—
Regal Cinemas INC
—
Loan Modification
related
—
—
—
Regal Cinemas INC
—
Loan Modification
related
—
—
—
Regal Cinemas INC
—
Loan Modification
related
—
—
—
Regal Cinemas INC
—
Deed Of Trust
related
—
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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