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Property profile & analytics
OFF-MARKET
Estimated value
$10,035,000
Medical Office Space
1717 Sharon W Rd Charlotte, NC 28210-5663
Individually Owned
11-yr Hold
Free & Clear
Property ID
US53-1315055
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1988
Total area
72,017 SF
Lot
12.53 ac (545,807 SF)
Zoning code
R17MF
APN
17324124
UPID
US53-1315055
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
-
Kamilah M. Mckissick, PSYD Physician Medical Clinic
-
Lauran A. Chenoweth, MS Physician Medical Clinic
-
Lutz Shannon C Physician Medical Clinic
-
Diana M. Pearson, LPC Counselor
-
HopeWay Crisis Center Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.04M
Owner & transaction history
Hopeway Foundation · 11 yrs held
Hopeway Foundation
since 2015
6 recorded transactions
Zoning & alternative use
R17MF · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$139 / 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
$106,922
Tax year 2023
Assessed value
$14,576,900
Assessed 2024
Effective rate
0.73%
On assessed value
Assessed land
$5,744,600
Assessed improvement
$8,832,300
Land market value
$5,744,600
Improvement market value
$8,832,300
Total market value
$14,576,900
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
1
Units
1
Rooms
1
Total area
72,017 SF
Lot
12.53 ac (545,807 SF)
Zoning code
R17MF
APN
17324124
UPID
US53-1315055
Jurisdiction
MECKLENBURG
Zoning & alternative use
R17MF · Charlotte, NCZoning R17MF · permitted uses
R17MF · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
4
Units
1
Rooms
1
Lot
12.53 ac
Current owner
From public records · entity-resolved
Hopeway Foundation
Individual
Free & Clear · 11 yrs held
Mailing address
1717 SHARON RD W UNIT STE, CHARLOTTE, NC 28210-5663
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2020
—
Hopeway Foundation
—
Deed
related
—
Jun 29, 2017
—
Hopeway Foundation
—
Deed
related
$1,000,000 · First Citizens Bk
Mar 12, 2015
—
Hopeway Foundation
Elon Homes And Schools For Children
Deed
—
Mar 12, 2015
$5,500,000
Hopeway Foundation
Elon Homes & Schs Of Children INC
Grant Deed
—
—
—
Hopeway Foundation
—
Loan Modification
related
—
—
—
Hopeway Foundation
—
Deed Of Trust
related
$1,000,000 · First Citizens Bk
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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