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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Medical Office Space
2401 Tuckaseegee Rd Charlotte, NC 28208-4058
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US53-0501476
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Total area
4,700 SF
Lot
1.41 ac (61,245 SF)
Zoning code
R-5
APN
7106115
UPID
US53-0501476
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
-
Grace Medical Clinic Medical Clinic
-
Martin Kraig L Employment Agency
-
Erika Kirsten Mccachern Physician
-
Olusola Joseph Physician
-
Dr. Julius Tokunboh Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$440k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$377k
Blend (final)
Blend
$605k
Owner & transaction history
Ivin-eva Properties LLC · 9 yrs held
Ivin-eva Properties LLC
since 2017
7 recorded transactions
Zoning & alternative use
R-5 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This districts is hereby established to protect and promote the development of single family housing and a limited number of public and institutional uses
Zone name
Single Family Residential District
General category
CIVIC_INSTITUTIONAL
Zone area
154.19 ac
Source
Realmo
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
$440,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±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
$129 / 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
$23,295
Tax year 2023
Assessed value
$3,175,800
Assessed 2024
Previous assessed
$3,333,600
-4.7% YoY
Effective rate
0.73%
On assessed value
Assessed land
$2,817,300
Assessed improvement
$358,500
Land market value
$2,817,300
Improvement market value
$358,500
Total market value
$3,175,800
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2003
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
4,700 SF
Lot
1.41 ac (61,245 SF)
Zoning code
R-5
APN
7106115
UPID
US53-0501476
Jurisdiction
MECKLENBURG
Zoning & alternative use
R-5 · Charlotte, NCZoning R-5 · permitted uses
R-5 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This districts is hereby established to protect and promote the development of single family housing and a limited number of public and institutional uses
Zone name
Single Family Residential District
General category
CIVIC_INSTITUTIONAL
Zone area
154.19 ac
Source
Realmo
Building & site characteristics
From public records
Year built
2003
Heating
FORCED AIR
Cooling
Yes
Stories
1
Bathrooms
2
Lot
1.41 ac
Current owner
From public records · entity-resolved
Ivin-eva Properties LLC
Entity
Mailing address
2401 TUCKASEEGEE RD, CHARLOTTE, NC 28208-4058
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 21, 2017
—
Ivin-eva Properties LLC
—
Deed
related
$130,000 · Newdominion Bk
Sep 26, 2003
—
Ivin-eva Properties LLC
—
Trustees Deed
related
$552,500 · First Charter Bank
—
—
Ivin-eva Properties LLC
—
Deed Of Trust
related
$420,180 · Fifth Third Bank
—
—
Ivin-eva Properties LLC
—
Deed Of Trust
related
$75,000 · Fifth Third Bank
—
—
Ivin-eva Properties LLC
—
Deed Of Trust
related
$500,000 · Newdominion Bank
—
—
Ivin-eva Properties LLC
—
Deed Of Trust
related
$100,000 · Newdominion Bank
—
—
Ivin-eva Properties LLC
—
Deed Of Trust
related
$130,000 · Newdominion Bk
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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