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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Drug stores
2334 Ss Blvd Charlotte, NC 28203-5008
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US53-5796496
Property profile
Verified
Property type
Drug stores
Use group
DRUG STORE, PHARMACY
Year built
1979
Total area
4,157 SF
Lot
0.69 ac (29,871 SF)
Zoning code
TOD-NC
APN
12104118
UPID
US53-5796496
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
-
Cannon Pharmacy (South End) Pharmacy
-
USPS (Cannon Pharmacy) Post Office
-
Helen Moffat Pharmacy
-
Elliott Giffen Pharmacy
-
Amanda Funderburg Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.07M
Comparable Approach
Comparable
$882k
Blend (final)
Blend
$770k
Owner & transaction history
Vine Holdings INC · 10 yrs held
Vine Holdings INC
since 2015
4 recorded transactions
Zoning & alternative use
TOD-NC · Charlotte, 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 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%
$1,160,000
6.5%
$1,070,000
7%
$995,000
Blend value · Realmo final
$770k
Range $693k – $847k · ±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
$185 / 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
$36,735
Tax year 2023
Assessed value
$5,008,200
Assessed 2024
Previous assessed
$5,046,500
-0.8% YoY
Effective rate
0.73%
On assessed value
Assessed land
$4,880,800
Assessed improvement
$127,400
Land market value
$4,880,800
Improvement market value
$127,400
Total market value
$5,008,200
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
Drug stores
Use group
DRUG STORE, PHARMACY
Status
Off-Market
Year built
1979
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
3
Total area
4,157 SF
Lot
0.69 ac (29,871 SF)
Zoning code
TOD-NC
APN
12104118
UPID
US53-5796496
Jurisdiction
MECKLENBURG
Zoning & alternative use
TOD-NC · Charlotte, NC
Zoning TOD-NC · permitted uses
TOD-NC · 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.
Building & site characteristics
From public records
Year built
1979
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
3
Lot
0.69 ac
Current owner
From public records · entity-resolved
Vine Holdings INC
Entity
Mailing address
20135 TUMALO RD, BEND, OR 97703-8910
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 31, 2015
$1,150,000
Vine Holdings INC
Livewell INC
Grant Deed
—
Sep 2, 2010
$800,000
Livewell INC
Abs-2334 South Boulevard LLC
Special Warranty Deed
$652,500 · Wells Fargo Bank NA
Sep 18, 2007
$1,596,000
Abs-2334 South Boulevard LLC
Elisavet H Mantis
Warranty Deed
$1,600,000 · First Trust Bank
—
—
Livewell INC
—
Deed Of Trust
related
$1,720,000 · Fifth Third Bank
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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