New search
Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Auto shops
1812 Montford Dr Charlotte, NC 28209-3726
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-1812584
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2013
Total area
6,776 SF
Lot
0.8 ac (34,879 SF)
Zoning code
R-22MF
APN
17514203
UPID
US53-1812584
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
-
AAA - Montford Dr Auto Repair Shop
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$565k
Owner & transaction history
David H Jung · 2 yrs held
David H Jung
since 2023
6 recorded transactions
Zoning & alternative use
R-22MF · 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
$83 / 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
$15,208
Tax year 2023
Assessed value
$2,073,400
Assessed 2024
Previous assessed
$2,118,200
-2.1% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,337,000
Assessed improvement
$736,400
Land market value
$1,337,000
Improvement market value
$736,400
Total market value
$2,073,400
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
2013
Heating
FORCED AIR
Cooling
YES
Stories
1
Units
1
Rooms
6
Total area
6,776 SF
Lot
0.8 ac (34,879 SF)
Zoning code
R-22MF
APN
17514203
UPID
US53-1812584
Jurisdiction
MECKLENBURG
Zoning & alternative use
R-22MF · Charlotte, NC
Zoning R-22MF · permitted uses
R-22MF · 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
2013
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
6
Lot
0.8 ac
Current owner
From public records · entity-resolved
David H Jung
Individual
Free & Clear · 2 yrs held
Mailing address
82 MSN CIELO AVE, FREMONT, CA 94539-3917
Ownership since
2023
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
Oct 16, 2023
—
David H Jung
David H Jung
Intrafamily Transfer
related
—
Oct 12, 2023
—
David H Jung
David H Jung
Intrafamily Transfer
related
—
Jan 10, 2005
—
David H Jung
Jung,gam C & Lee L M
Quit Claim Deed
related
—
Dec 29, 2004
—
David H Jung
Jung,gam C & Lee L M
Quit Claim Deed
related
—
Jan 8, 2004
—
David H Jung
Jung,gam C & Lee L M
Quit Claim Deed
related
—
Dec 30, 2003
—
Gma C Jung
Jung Properties LLC
Quit Claim Deed
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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