Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1705 Orr Industrial Ct Ste G Charlotte, NC 28213-6468
    Back to Search
    Property profile & analytics

    1705 Orr Industrial Ct Ste G, Charlotte, NC 28213-6468

    View on Map
    • Industrial properties
    • 4,406 SF
    • 2.61 lot acres
    Off-Market
    Last Sale Oct 1, 2024
    Property ID
    US53-0478249
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Charlotte Temperature Controls / Hardware & Home Improvement / HVAC Service
    • Downtown Radio Service / Electronics & Wireless Store / Auto Parts Store
    • SESmfg / Industrial Manufacturer / Production Facility
    • Carolina Water Products / General Contractor
    • Pure Cleaners / (Bike/Boat/Book/etc) Store

    Property Details for 1705 Orr Industrial Ct Ste G

    Year built
    1998
    Lot size
    2.61 lot acres
    Zone code
    I1
    Property type
    Industrial properties
    APN
    9706143
    APU
    9706143

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Jul 9, 2025 $700,000 Bacco LLC W L Galloway JR Warranty Deed —
    Dec 31, 2024 — W L Gallowayjr Graphic Impressions INC Special Warranty Deed —
    Apr 7, 2016 $216,000 Graphic Impressions INC Strong Willed I LLC Warranty Deed $183k · Branch Bk&tr
    Jan 6, 2006 — Strong Willed I LLC Laws,clinton R JR & Dianne C Grant Deed —
    — — Laws Dianne C — Deed Of Trust · related $250k · Central Carolina Bank & Trust

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7594
    Latitude
    35.2594
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,823
    $0.00
    $248,600
    $248,600
    -
    $0.00
    $248,600
    $248,600

    Comparable in this City

    • Value Estimation by Request
      4,406 SF

      1705 Orr Industrial Ct E E Ste

      CONDOMINIUMS (INDUSTRIAL)
      1705 Orr Industrial Ct E E Ste, Charlotte, NC 28213-6468
      View Details
    • Value Estimation by Request
      200 SF

      5726 Old Concord Rd

      INDUSTRIAL (GENERAL)
      5726 Old Concord Rd, Charlotte, NC 28213-7110
      View Details
    • Value Estimation by Request
      3.40 Acres

      10220 Old Concord Rd

      Land
      10220 Old Concord Rd, Charlotte, NC 28213
      View Details
    • Value Estimation by Request
      21,900 SF

      1700 Industrial Center Cir

      Flex space
      1700 Industrial Center Cir, Charlotte, NC 28213
      View Details
    • Value Estimation by Request
      4,406 SF

      1705 Orr Industrial Ct Ste D

      CONDOMINIUMS (INDUSTRIAL)
      1705 Orr Industrial Ct Ste D, Charlotte, NC 28213-6464
      View Details
    • Value Estimation
      $2,855,000
      30,427 SF

      Charlotte, NC 28213

      INDUSTRIAL (GENERAL)
      Charlotte, NC 28213
      View Details

    Similar Nearby for Sale

    • $5,375,000

      Charlotte Industrial Portfolio For Sale

      Five industrial properties in Charlotte's high-demand Northeast and University City.
      7618 Grier Rd, Charlotte, NC 28213
      View Details
    • Contact for pricing
      26,348 SF

      Charlotte Industrial Portfolio For Sale

      Five industrial properties in Charlotte's high-demand industrial corridors.
      7608 Grier Rd, Charlotte, NC 28213
      View Details
    • Contact for pricing
      21,900 SF

      Modern Industrial Flex Space

      Newly built, fully leased flex space with versatile layout.
      1700-1710 Industrial Center Cir, Charlotte, NC 28213
      View Details
    • New
      Contact for pricing
      1,647 SF

      Flex and Warehouse Property

      For-sale flex and warehouse property offered on a TOD-TR designated site.
      5636 North Tryon St, Charlotte, NC 28213
      View Details
    • Contact for pricing
      15,158 SF

      Charlotte Flex/Industrial Facility For Sale

      15,158 SF flex/industrial facility with convenient access.
      6131 Old Concord Rd, Charlotte, NC 28213
      View Details
    • $350,000
      1.67 Acres

      Prime Development Opportunity in Charlotte

      1.672-acre site in University City, Charlotte, North Carolina.
      E W T Harris Blvd, Charlotte, NC 28213
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Space For Rent

      Industrial space available for single tenant occupancy.
      5710 Old Concord Rd, Charlotte, NC 28213
      View Details
    • Contact for pricing
      116,978 SF

      Charlotte Distribution Facility with Trailer Parking

      Industrial facility with ample trailer parking, near I-85.
      6924 Orr Rd, Charlotte, NC 28213
      View Details
    • Contact for pricing
      14,406 SF

      Charlotte Warehouse/Industrial Space Available

      14,406 RSF warehouse/industrial space for lease in Charlotte, NC.
      7910 District Dr, Charlotte, NC 28213
      View Details
    • Contact for pricing
      155,100 SF

      Industrial Park with Modern Features

      Class-A industrial park in Charlotte with move-in ready suites.
      6830 Orr Rd, Charlotte, NC 28213
      View Details
    • Contact for pricing
      88,250 SF

      Charlotte Warehouse Space Available

      88,250 SF Warehouse, Multiple Tenants
      4212 Raleigh St, Charlotte, NC 28213
      View Details
    • Contact for pricing

      Warehouse with Fenced Yard

      14,366 SF warehouse with 1.92-acre fenced yard in Charlotte.
      1832 University Commercial Pl, Charlotte, NC 28213
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1705 Orr Industrial Ct Ste G
    Charlotte, NC 28213-6468
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1705 Orr Industrial Ct Ste G, Charlotte, NC, 28213
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!