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Property profile & analytics
OFF-MARKET
Estimated value
$13,975,000
Office buildings
2013 Morehead St, Charlotte, NC 28208-5139
Entity Owned
Free & Clear
Property ID
US53-1242129
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1955
Total area
64,802 SF
Lot
4.6 ac (200,332 SF)
Zoning code
I2
APN
6702112
UPID
US53-1242129
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
-
Legion Brewing West Morehead Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.43M
Comparable Approach
Comparable
$16.15M
Blend (final)
Blend
$13.98M
Owner & transaction history
Svre LLC
Svre LLC
since 2026
6 recorded transactions
Zoning & alternative use
I2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$21.5M
+10.9%
Neighborhood: shopping center
$19.4M
+0.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,790,000
6.5%
$16,425,000
7%
$15,250,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$19,340,000
Current use
RETAIL STORES
$21,455,000
Change: +11% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$19,370,000
Change: +0% · Conversion: Difficult
AUTO REPAIR, GARAGE
$16,885,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$13.98M
Range $12.58M – $15.37M · ±10%
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
$216 / 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
$101,574
Tax year 2023
Assessed value
$13,847,900
Assessed 2024
Previous assessed
$14,146,000
-2.1% YoY
Effective rate
0.73%
On assessed value
Assessed land
$6,358,000
Assessed improvement
$7,489,900
Land market value
$6,358,000
Improvement market value
$7,489,900
Total market value
$13,847,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1955
Heating
YES
Cooling
AC.PACKAGE
Buildings
2
Stories
1
Units
1
Rooms
1
Total area
64,802 SF
Lot
4.6 ac (200,332 SF)
Zoning code
I2
APN
6702112
UPID
US53-1242129
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2 · Charlotte, NC
Zoning I2 · permitted uses
I2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$19.3M
RETAIL STORES
Est. value
$21.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.4M
AUTO REPAIR, GARAGE
Est. value
$16.9M
OFFICE BUILDING Current
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1955
Heating
YES
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
1
Lot
4.6 ac
Current owner
From public records · entity-resolved
Svre LLC
Entity
Free & Clear · 0 yrs held
Mailing address
4064 COLONY RD STE #310, CHARLOTTE, NC 28211-5152
Ownership since
2026
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
Feb 20, 2026
—
Svre LLC
Wpcp Julian LP
Quitclaim Deed
related
—
Feb 20, 2026
$24,000,000
Svre LLC
Wpcp Julian LP
Deed
related
—
Nov 20, 2018
—
Wpcp Julian LP
Wpcp Julian LP
Quit Claim Deed
related
—
May 23, 2018
$4,800,000
Wpcp Julian LP
Parham,elizabeth H
Grant Deed
—
May 23, 2018
—
Wpcp Julian LP
Heidenreich,william H III & Ayme E
Grant Deed
—
Jun 14, 1988
$671,000
Lewis H Parham JR
Unknown
Grant Deed
—
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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