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Property profile & analytics
OFF-MARKET
Day care centers
2400 Rocky Riv Rd, Charlotte, NC 28213-5177
Individually Owned
26-yr Hold
Free & Clear
Property ID
US53-1008849
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
2005
Total area
10,266 SF
Lot
1.22 ac (53,274 SF)
Zoning code
INST(CD)
APN
10508299
UPID
US53-1008849
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
-
Little Hedgepeth Academy Daycare Center
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
Derick T Brewer · 26 yrs held
Derick T Brewer
since 1999
7 recorded transactions
Zoning & alternative use
INST(CD) · 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
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
$9,682
Tax year 2023
Assessed value
$1,320,000
Assessed 2024
Previous assessed
$1,337,000
-1.3% YoY
Effective rate
0.73%
On assessed value
Assessed land
$235,200
Assessed improvement
$1,084,800
Land market value
$235,200
Improvement market value
$1,084,800
Total market value
$1,320,000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
2005
Heating
HEAT PUMP
Cooling
CENTRAL
Stories
1
Total area
10,266 SF
Lot
1.22 ac (53,274 SF)
Zoning code
INST(CD)
APN
10508299
UPID
US53-1008849
Jurisdiction
MECKLENBURG
Zoning & alternative use
INST(CD) · Charlotte, NC
Zoning INST(CD) · permitted uses
INST(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.
Building & site characteristics
From public records
Year built
2005
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
1.22 ac
Current owner
From public records · entity-resolved
Derick T Brewer
Individual
Free & Clear · 26 yrs held
Mailing address
2400 ROCKY RIV RD, CHARLOTTE, NC 28213-5177
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1999
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
59 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 9, 2021
—
Little Hedgepeth INC
—
Deed
related
$990,000 · Peoples Bank
Dec 29, 1999
$143,500
Derick T Brewer
The Ryland Group
Grant Deed
—
Dec 20, 1999
$128,000
Koffi,assiba Amba
The Ryland Group
Trustees Deed
—
Dec 20, 1999
$140,000
Topping,marvette L
The Ryland Group
Trustees Deed
—
Nov 30, 1999
$146,500
Mcafee,vasht Kachelle
The Ryland Group
Trustees Deed
—
Nov 30, 1999
$145,000
Williams,kevin A
The Ryland Group
Trustees Deed
—
Nov 29, 1999
$136,000
Burns,jermaine L
The Ryland Group
Trustees Deed
—
Nov 29, 1999
$116,000
Parkinson,rosemary Corine
The Ryland Group
Trustees Deed
—
Nov 23, 1999
$132,000
Edward Harris JR.
The Ryland Group
Grant Deed
—
Nov 19, 1999
$138,000
Shane M Brashears
The Ryland Group
Grant Deed
—
Nov 18, 1999
$125,500
Ramesh S Saraiya
The Ryland Group
Grant Deed
—
Nov 2, 1999
$109,000
Angelia D Farrar
The Ryland Group
Grant Deed
—
Oct 28, 1999
$139,000
Nichols,daniel C
The Ryland Group
Trustees Deed
—
Oct 28, 1999
$133,000
Powell,gwendolyn
The Ryland Group
Trustees Deed
—
Oct 27, 1999
$142,500
Jacqueline A Dickerson
The Ryland Group
Grant Deed
—
Oct 22, 1999
$125,500
Charlene E Brooks
The Ryland Group
Grant Deed
—
Oct 20, 1999
$117,000
William A Crotty
The Ryland Group
Grant Deed
—
Oct 14, 1999
$141,000
David Riviello
The Ryland Group
Grant Deed
—
Oct 12, 1999
$117,500
Dale Anthony Chesser II
The Ryland Group
Grant Deed
—
Sep 30, 1999
$120,500
Sharon Heather Walton
The Ryland Group
Grant Deed
—
Sep 29, 1999
$129,500
Roger L Jones
The Ryland Group
Grant Deed
—
Sep 24, 1999
$134,500
Robert Douglas Crux
The Ryland Group
Grant Deed
—
Sep 23, 1999
$134,500
Adrian L Crowder
The Ryland Group
Grant Deed
—
Sep 22, 1999
$126,000
Robert Dail Smith
The Ryland Group
Grant Deed
—
Sep 20, 1999
$108,000
Than T Thai
The Ryland Group
Grant Deed
—
Sep 17, 1999
$130,000
Gregory Paul Hoffman
The Ryland Group
Grant Deed
—
Sep 14, 1999
$112,500
Charles A Scudder
The Ryland Group
Grant Deed
—
Sep 3, 1999
$120,500
Lamin Sagnia
The Ryland Group
Grant Deed
—
Aug 31, 1999
$128,500
Nhot Sihapanya
The Ryland Group
Grant Deed
—
Aug 30, 1999
$130,500
Smith,everett
The Ryland Group
Trustees Deed
—
Aug 30, 1999
$133,500
La Mei,linh
The Ryland Group
Trustees Deed
—
Aug 23, 1999
$137,500
Earl B Massey
The Ryland Group
Grant Deed
—
Aug 20, 1999
$137,000
Raymond Maxwell JR.
The Ryland Group
Grant Deed
—
Aug 19, 1999
$126,000
Sonji Marie Mosley
The Ryland Group
Grant Deed
—
Aug 18, 1999
$112,500
Bryan K Overman
The Ryland Group
Grant Deed
—
Aug 16, 1999
$117,500
Richard Brian Driscoll
The Ryland Group
Grant Deed
—
Aug 6, 1999
$143,000
Roger D Mcfadden
The Ryland Group
Grant Deed
—
Jul 29, 1999
$138,500
Ohara,julie
The Ryland Group
Trustees Deed
—
Jul 29, 1999
$133,000
Wilde,clayton B
The Ryland Group
Trustees Deed
—
Jul 28, 1999
$125,500
Steven J Ellis
The Ryland Group
Grant Deed
—
Jul 26, 1999
$131,000
Bessie L Gage
The Ryland Group
Grant Deed
—
Jul 9, 1999
$107,000
Charryse R Lucas
The Ryland Group
Grant Deed
—
Jul 8, 1999
$131,000
Teneika Kareem Clifton
The Ryland Group
Grant Deed
—
Jul 7, 1999
$132,000
Archie T Lucy JR.
The Ryland Group
Grant Deed
—
Jun 29, 1999
$127,000
Cortez Sheridan
The Ryland Group
Grant Deed
—
Jun 25, 1999
$133,500
Willie T Ramey IV
The Ryland Group
Grant Deed
—
Jun 24, 1999
$108,000
Tanya Councilman
The Ryland Group
Grant Deed
—
Jun 22, 1999
$135,500
Scott A Faulkner
The Ryland Group
Grant Deed
—
Jun 21, 1999
$135,500
Laysalle Ravenel
The Ryland Group
Grant Deed
—
Jun 18, 1999
$119,000
Scott W Dossett
The Ryland Group
Grant Deed
—
Jun 16, 1999
$120,000
Koontz,kendal V
The Ryland Group
Trustees Deed
—
Jun 16, 1999
$107,000
Gaiser,sheri L
The Ryland Group
Trustees Deed
—
Jun 10, 1999
$120,500
Laurie D Holloway
The Ryland Group
Grant Deed
—
Jun 8, 1999
$124,000
Eric Lemon
The Ryland Group
Grant Deed
—
May 28, 1999
$118,500
Michael D Moore
The Ryland Group
Grant Deed
—
May 27, 1999
$116,500
Bass,john Kevin
The Ryland Group
Trustees Deed
—
May 27, 1999
$125,500
Robertson,rashaan O
The Ryland Group
Trustees Deed
—
May 26, 1999
$122,500
Gary Wayne Walker
The Ryland Group
Grant Deed
—
May 25, 1999
$124,500
Lucas J Hutteman
The Ryland Group
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.
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