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Property profile & analytics
OFF-MARKET
Estimated value
$7,850,000
Auto shops
20440 Chartown Dr, Cornelius, NC 28031-4044
Individually Owned
~
Est. High Equity
Property ID
US53-2041972
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
2000
Total area
33,230 SF
Lot
8.26 ac (359,762 SF)
Zoning code
IC(CD)
APN
541105
UPID
US53-2041972
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
-
Caliber Collision Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.23M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.01M
Blend (final)
Blend
$7.85M
Owner & transaction history
Jill E Minkle
Jill E Minkle
since 2025
Last sale
$7.6M
7 recorded transactions
Zoning & alternative use
IC(CD) · Cornelius, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.0M
+31.8%
Retail stores
$10.5M
+15.7%
Industrial (general)
$10.3M
+12.9%
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 Cornelius submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cornelius 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
$7,970,000
ML approach
$8,225,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$9,115,000
Current use
MEDICAL BUILDING
$12,010,000
Change: +32% · Conversion: Difficult
RETAIL STORES
$10,545,000
Change: +16% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$10,285,000
Change: +13% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$9,590,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$7.85M
Range $7.07M – $8.64M · ±10% · vs last sale $7.60M (Jul 9 2025)
Last sale anchor
$7.60M
Jul 9 2025
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
$236 / 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
$27,591
Tax year 2023
Assessed value
$4,269,800
Assessed 2024
Previous assessed
$4,521,300
-5.6% YoY
Effective rate
0.65%
On assessed value
Assessed land
$1,113,200
Assessed improvement
$3,156,600
Land market value
$1,113,200
Improvement market value
$3,156,600
Total market value
$4,269,800
Applied tax rate
2.0000
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
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
33,230 SF
Lot
8.26 ac (359,762 SF)
Zoning code
IC(CD)
APN
541105
UPID
US53-2041972
Jurisdiction
MECKLENBURG
Zoning & alternative use
IC(CD) · Cornelius, NC
Zoning IC(CD) · permitted uses
IC(CD) · Cornelius, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cornelius. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE Current
Est. value
$9.1M
MEDICAL BUILDING
Est. value
$12.0M
RETAIL STORES
Est. value
$10.5M
INDUSTRIAL (GENERAL)
Est. value
$10.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.6M
AUTO REPAIR, GARAGE Current
MEDICAL BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
8.26 ac
Current owner
From public records · entity-resolved
Jill E Minkle
Individual
Mailing address
PO BOX 5004, INCLINE VILLAGE, NV 89450-5004
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 8, 2026
—
Lip Outdoor Propco LLC
—
Deed
related
—
Oct 9, 2025
—
Jill E Minkle
Gold Center Lv LLC
Quitclaim Deed
related
—
Oct 9, 2025
$7,600,000
Foun Holdings LLC
Gold Center Lv LLC
Special Warranty Deed
—
Mar 25, 2021
$7,200,000
Gold Center Lv LLC
Faassen Holdings LLC
Special Warranty Deed
$4,777,500 · Charlotte Metro FCU
Sep 27, 2019
$1,410,000
Sonderwerks Re Holdings LLC
Faassen Holdings LLC
Grant Deed
related
$1,122,000 · First Citizens Bk
Sep 26, 2019
—
Faaasen Holdings LLC
—
Deed
related
$3,700,000 · Sun Trust Bank
Mar 10, 2014
$6,500,000
Faassen Holdings LLC
Car Son Lnb Shop LLC
Grant Deed
—
Mar 26, 2012
—
Car Son Lnb Shop LLC
—
Deed Of Trust
related
—
—
—
Car Son Lnb Shop LLC
—
Deed Of Trust
related
—
—
—
Car Son Lnb Shop LLC
—
Loan Modification
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.
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