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    Property profile & analytics

    20440 Chartown Dr Cornelius, NC 28031-4044

    • Auto shops
    • 33,230 SF
    • 8.26 lot acres
    OFF-MARKET
    Value Estimation
    $7,850,000
    Last Sale
    Mar 25, 2021
    $7,200,000
    Location Intelligence
    Property ID
    US53-2041972
    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.

    Current Use by Public Records

    • Caliber Collision / Auto Body Shop / Auto Bodywork Mechanic

    Property Details for 20440 Chartown Dr

    Year built
    2000
    Lot size
    8.26 lot acres
    Property size
    33,230 SF
    Zone code
    IC(CD)
    Property type
    Auto shops
    APN
    541105
    APU
    541105

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $7,970,000

    • CAP approach

      CAP return
      Estimation
      6%
      $7,430,000
      6.5%
      $7,190,000
      7%
      $6,560,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,920,000
      Geo Method
      $6,385,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,750,000
      Retail
      $6,765,000
      Mixed-Use
      $9,015,000
      Hospitality
      $8,800,000
      Educational
      $8,125,000
      Residential Income
      $8,515,000
      Energy
      $6,935,000
      Income-Based Land
      $6,865,000
      Food Service
      $7,720,000

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8768
    Latitude
    35.4679
    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
    $27,591
    $1,113,200
    $3,156,600
    $4,269,800
    -
    $1,113,200
    $3,156,600
    $4,269,800

    Comparable in this City

    • Value Estimation by Request
      8,292 SF

      18627 Starcreek Dr

      AUTO REPAIR, GARAGE • 8,292 SF
      18627 Starcreek Dr, Cornelius, NC 28031-9328
      View Details
    • Value Estimation by Request
      6,816 SF

      20110 Catawba Ave

      AUTO REPAIR, GARAGE • 6,816 SF
      20110 Catawba Ave, Cornelius, NC 28031-4013
      View Details
    • Value Estimation
      $425,000
      4,320 SF

      18520 Starcreek Dr

      AUTO REPAIR, GARAGE • 4,320 SF
      18520 Starcreek Dr, Cornelius, NC 28031-9329
      View Details
    • Value Estimation
      $340,000
      1,560 SF

      19000 Statesville Rd

      AUTO REPAIR, GARAGE • 1,560 SF
      19000 Statesville Rd, Cornelius, NC 28031-6758
      View Details
    • Value Estimation
      $510,000
      6,300 SF

      9213 Westmoreland Rd

      AUTO REPAIR, GARAGE • 6,300 SF
      9213 Westmoreland Rd, Cornelius, NC 28031-7813
      View Details
    • Value Estimation
      $4,135,000
      12,328 SF

      19141 Catawba Ave

      AUTO REPAIR, GARAGE • 12,328 SF
      19141 Catawba Ave, Cornelius, NC 28031-5602
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      5,311 SF

      Cornelius Retail Space Available

      Prime Retail Space, Multiple Units Available
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      Community Center in Cornelius Submarket

      137,247 SF community center in desirable Cornelius submarket.
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      Downtown Cornelius Retail/Restaurant Space

      Historic building in arts district, ideal for restaurant or retail.
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    • Contact for pricing
      5,775 SF

      Retail Space in Downtown Cornelius

      Retail space available in downtown Cornelius, delivering summer 2024.
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      View Details
    • Contact for pricing

      Retail Outparcels in Cornelius, NC

      Outparcels and shop buildings available for lease in Cornelius.
      W Catawba Ave, Cornelius, NC 28031
      View Details
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    Cornelius, NC 28031-4044
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    Realmo Value Estimation

    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.

    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.

    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
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