Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$3,500,000
Manufacturing properties
1907 Gtwy Blvd Charlotte, NC 28208-2748
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-5305004
Property profile
Verified
Property type
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Year built
2004
Total area
21,350 SF
Lot
2.46 ac (107,201 SF)
Zoning code
I1
APN
6116117
UPID
US53-5305004
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
-
E2M Kitchen Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.50M
Owner & transaction history
Fit Food Brothers Nc LLC · 3 yrs held
Fit Food Brothers Nc LLC
since 2022
Last sale
$3.4M
7 recorded transactions
Zoning & alternative use
I1 · 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
Method
Estimation
Statistic approach
$3,505,000
ML approach
$3,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$3,695,000
Change: 0% · Conversion: Difficult
OFFICE BUILDING
$3,690,000
Change: 0% · Conversion: Difficult
RESTAURANT
$3,180,000
Change: 0% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$3,100,000
Change: 0% · Conversion: Difficult
RETAIL STORES
$2,480,000
Change: 0% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$2,270,000
Change: 0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,270,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$3.50M
Range $3.15M – $3.85M · ±10% · vs last sale $3.40M (Oct 21 2022)
Last sale anchor
$3.40M
Oct 21 2022
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
$164 / 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
$17,396
Tax year 2023
Assessed value
$2,371,700
Assessed 2024
Previous assessed
$2,425,000
-2.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$875,500
Assessed improvement
$1,496,200
Land market value
$875,500
Improvement market value
$1,496,200
Total market value
$2,371,700
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
Manufacturing properties
Use group
FOOD PACKING, PACKING PLANT
Status
Off-Market
Year built
2004
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Bathrooms
3
Total area
21,350 SF
Lot
2.46 ac (107,201 SF)
Zoning code
I1
APN
6116117
UPID
US53-5305004
Jurisdiction
MECKLENBURG
Zoning & alternative use
I1 · Charlotte, NCZoning I1 · permitted uses
I1 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$3.7M
OFFICE BUILDING
Est. value
$3.7M
RESTAURANT
Est. value
$3.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$3.1M
RETAIL STORES
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.3M
COMMERCIAL (GENERAL)
OFFICE BUILDING
RESTAURANT
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2004
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Bathrooms
3
Lot
2.46 ac
Current owner
From public records · entity-resolved
Fit Food Brothers Nc LLC
Entity
Mailing address
1794 MAIN ST W, LOCUST, NC 28097-9793
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2022
$3,400,000
Fit Food Brothers Nc LLC
Compass Group USA INC
Special Warranty Deed
$2,000,000 · Southern First Bank NA
Jul 31, 2019
$3,500,000
Compass Group USA INC
Mg Land LLC
Grant Deed
—
May 11, 2015
—
Mg Land LLC
—
Trustees Deed
related
$1,608,000 · First Citizens Bk
Apr 21, 2010
$635,000
Mg Land LLC
Hooker,phillip L & Celisa L
Warranty Deed
$632,445 · W Michael Gilley
Dec 11, 2003
—
Phillip L Hooker
—
Trustees Deed
related
$569,245 · First Gaston Bank Of Nc
Jul 17, 2003
—
Phillip L Hooker
—
Trustees Deed
related
$522,245 · First Gaston Bank North Caroli
Jul 26, 1995
—
Phillip L Hooker
Hooker,phillip L
Quit Claim Deed
related
—
—
—
Mg Land LLC
—
Deed Of Trust
related
$935,000 · Southern Community Bank
—
—
Phillip L Hooker
—
Deed Of Trust
related
$180,000 · First Gaston Bank Of Nc
—
—
Ritchie L West
—
Deed Of Trust
related
$274,000 · Charlotte Certified Dev Corp
—
—
Ritchie L West
—
Deed Of Trust
related
$569,245 · First Gaston Bank Of Nc
—
—
Mg Land LLC
—
Deed Of Trust
related
$115,000 · Southern Community Bank
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1907 Gtwy Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
