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Property profile & analytics
OFF-MARKET
Office Spaces
215 Main St 203, Davidson, NC 28036-8039
Entity Owned
2-yr Hold
Free & Clear
Property ID
US53-2371173
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2009
Total area
1,421 SF
Lot
0.42 ac (18,432 SF)
Zoning code
VCP
APN
701724
UPID
US53-2371173
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
-
Ship Ogre Logistics Company Freight Service
-
Flatiron Kitchen + Taphouse Restaurant
-
Davidson Accounting Company LLC Tax Preparation
-
Brett Shore Counselor
-
ROBERT PETER GOSSETT Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Lkn Rental LLC · 2 yrs held
Lkn Rental LLC
since 2024
2 recorded transactions
Zoning & alternative use
VCP · Davidson, 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 Davidson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davidson 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
—
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
$2,698
Tax year 2023
Assessed value
$365,100
Assessed 2024
Previous assessed
$365,100
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed improvement
$365,100
Improvement market value
$365,100
Total market value
$365,100
Applied tax rate
3.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2009
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
1
Total area
1,421 SF
Lot
0.42 ac (18,432 SF)
Zoning code
VCP
APN
701724
UPID
US53-2371173
Jurisdiction
MECKLENBURG
Zoning & alternative use
VCP · Davidson, NC
Zoning VCP · permitted uses
VCP · Davidson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davidson. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2009
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Lkn Rental LLC
Entity
Free & Clear · 2 yrs held
Mailing address
19425 MARY ARDREY CIR, CORNELIUS, NC 28031-7509
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 17, 2024
—
Lkn Rental LLC
Michael D Osborne
Warranty Deed
—
Dec 1, 2020
$717,000
Michael Osborne
The Elizabeth Company LLC
Special Warranty Deed
$275,000 · First National Bank Of Pennsylvania
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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