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Financial
Distress signals
Property profile

1701 Remount Rd Charlotte, NC 28208

OFF-MARKET
Garden apartment buildings
Property ID
US53-5563672
11,024 SF 1.12 ac lot Built 1966
Last sale Feb 2012 · $125,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional 20-unit apartment building, situated on 1.09 acres in Charlotte, NC, presents a compelling investment opportunity. Built in 1966, the property boasts 15,063 square feet and currently enjoys 90% occupancy. The unit mix comprises nine one-bedroom, one-bathroom units and eleven two-bedroom, two-bathroom units, with an average rent of $983 per unit. Located at 1701 Remount Rd, this garden-style community benefits from its proximity to key areas: 1.7 miles from South End, 2.8…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$13k
Tax billed · 2023
Assessed value · 2024$1.73M
Assessed land$363k
Assessed improvement$1.37M
Effective rate0.73%

Value estimate

· Oct 2026
$1.78M
$1.60M – $1.96M
CAP approach$2.05M
Submarket $/SF estimate$1.16M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$447/SF
ZIP average, outlier-cleaned · 34 recorded sales of this use type
Observed band · Q1–Q3$186 – $849
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
R22MF
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Law Firm11.5
Dental Office10.2
Bakery9.0

Location

1701 Remount Rd Charlotte, NC 28208-6267
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3220 Avalon, Charlotte, NC 28208-3974 $8,750,000 Dec 2025 7,850 SF
803 Lynn, Charlotte, NC 28208-2256 $11,650,000 May 2024 15,567 SF
4329 Ashley, Charlotte, NC 28208-7354 $5,000,000 Dec 2022 11,690 SF
3019 Pkwy, Charlotte, NC 28208-3972 $5,350,000 Nov 2022 6,496 SF
3834 Tuckaseegee, Charlotte, NC 28208-3059 $1,549,000 Jul 2022 7,344 SF
5105 Brooktree, Charlotte, NC 28208-1567 $29,125,000 May 2021 8,066 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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