New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,600,000
Grocery and convenience stores
2201 Ww T Harris Blvd, Charlotte, NC 28269-8515
Entity Owned
3-yr Hold
Free & Clear
Property ID
US53-5493730
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1994
Total area
44,957 SF
Lot
6.75 ac (294,074 SF)
Zoning code
B-1(CD)
APN
2703110
UPID
US53-5493730
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.45M
CAP Approach
CAP
$9.68M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.60M
Owner & transaction history
Mdc Nc3 LP · 3 yrs held
Mdc Nc3 LP
since 2022
Last sale
$11.2M
6 recorded transactions
Zoning & alternative use
B-1(CD) · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$16.9M
+15.9%
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 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
$11,525,000
ML approach
$9,445,000
CAP Approach
CAP Return
Estimation
6%
$10,480,000
6.5%
$9,675,000
7%
$8,980,000
Alternative Use
Use
Estimation
RETAIL STORES
$14,560,000
Current use
OFFICE BUILDING
$16,870,000
Change: +16% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$13,440,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$10.60M
Range $9.54M – $11.66M · ±10% · vs last sale $11.18M (Dec 29 2022)
Last sale anchor
$11.18M
Dec 29 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
$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
$77,064
Tax year 2023
Assessed value
$10,506,300
Assessed 2024
Previous assessed
$10,777,400
-2.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,097,400
Assessed improvement
$7,408,900
Land market value
$3,097,400
Improvement market value
$7,408,900
Total market value
$10,506,300
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1994
Heating
YES
Cooling
AC.PACKAGE
Stories
1
Units
1
Rooms
8
Total area
44,957 SF
Lot
6.75 ac (294,074 SF)
Zoning code
B-1(CD)
APN
2703110
UPID
US53-5493730
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-1(CD) · Charlotte, NC
Zoning B-1(CD) · permitted uses
B-1(CD) · 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
RETAIL STORES Current
Est. value
$14.6M
OFFICE BUILDING
Est. value
$16.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.4M
RETAIL STORES Current
OFFICE BUILDING
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
1994
Heating
YES
Cooling
Yes
Stories
1
Units
1
Rooms
8
Lot
6.75 ac
Current owner
From public records · entity-resolved
Mdc Nc3 LP
Entity
Free & Clear · 3 yrs held
Mailing address
11995 EL CAMINO REAL SAN DIEGO 92130TH XX
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2022
$11,181,000
Mdc Nc3 LP
Pine21 Acquisitions LLC
Special Warranty Deed
—
Dec 29, 2022
—
Mdc Nc3 LP
Pine21 Acquisitions LLC
Lease
—
Oct 1, 2014
—
Golden Arrow Charlotte Nc LLC
Consolidated-tomoka Land Co
Trustees Deed
related
$30,000,000 · Wells Fargo Bk
Apr 17, 2008
$9,692,000
Consolidated Tomoka Land Co
Harris Teeter Properties LLC
Grant Deed
—
Dec 18, 1998
$7,671,000
Teeter Properties L Harris
Chedren INC
Grant Deed
—
Dec 29, 1993
$1,632,000
Chedren INC
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.
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 2201 Ww T Harris 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.
