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Property profile & analytics
OFF-MARKET
Estimated value
$535,000
Specialty properties
2421 Yorkmont Rd, Charlotte, NC 28217-4510
Trust Owned
3-yr Hold
Free & Clear
Property ID
US53-0718667
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2016
Total area
7,820 SF
Lot
5.78 ac (251,733 SF)
Zoning code
O-1(CD)
APN
14327201
UPID
US53-0718667
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
-
Crystal Ballroom Charlotte Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$480k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$588k
Blend (final)
Blend
$535k
Owner & transaction history
Millennium Trust Company LLC · 3 yrs held
Millennium Trust Company LLC
since 2022
7 recorded transactions
Zoning & alternative use
O-1(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
Method
Estimation
Statistic approach
by Request
ML approach
$480,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$535k
Range $482k – $589k · ±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
$68 / 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
$22,249
Tax year 2023
Assessed value
$3,033,300
Assessed 2024
Previous assessed
$3,125,400
-2.9% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,920,200
Assessed improvement
$1,113,100
Land market value
$1,920,200
Improvement market value
$1,113,100
Total market value
$3,033,300
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2016
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Total area
7,820 SF
Lot
5.78 ac (251,733 SF)
Zoning code
O-1(CD)
APN
14327201
UPID
US53-0718667
Jurisdiction
MECKLENBURG
Zoning & alternative use
O-1(CD) · Charlotte, NC
Zoning O-1(CD) · permitted uses
O-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.
Building & site characteristics
From public records
Year built
2016
Heating
FORCED AIR
Cooling
Yes
Stories
1
Lot
5.78 ac
Current owner
From public records · entity-resolved
Millennium Trust Company LLC
Trust
Free & Clear · 3 yrs held
Mailing address
5725 KEARNY VILLA RD SAN DIEGO 92123RD 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
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 23, 2022
—
Millennium Trust Company LLC
Millennium Trust Company LLC
Intrafamily Transfer
related
—
Mar 24, 2021
—
Steward Assets LLC
Calva An Lebdetter
Warranty Deed
—
Feb 19, 2021
—
Millennium Trust Company LLC
Sunwest Trust INC
Quit Claim Deed
related
—
Aug 12, 2016
$150,000
Darryl B Fullam
Rockwell Lake Point LLC
Grant Deed
—
Aug 12, 2016
$121,500
Expo Land Corp
Rockwell Lake Point LLC
Grant Deed
—
Aug 12, 2016
$154,500
Calva A Ledbetter
Rockwell Lake Point LLC
Grant Deed
—
Aug 12, 2016
$510,000
Sandra L Walsh
Rockwell Lake Point LLC
Grant Deed
—
Aug 12, 2016
$200,000
Frascoia,paul E Living Trust
Rockwell Lake Point LLC
Grant Deed
—
Jul 28, 2016
$188,000
Elva J Edwards
Rockwell Lake Point LLC
Grant Deed
—
Jul 12, 2016
$500,000
Dale Ziegenfelder
Rockwell Lake Point LLC
Grant Deed
—
Jun 29, 2016
$150,000
Terry L Schrum
Rockwell Lake Point LLC
Grant Deed
—
Jun 27, 2016
$500,000
Leo A Nicholes
Rockwell Lake Point LLC
Grant Deed
—
May 23, 2016
$150,000
Terry L Schrum
Rockwell Lake Point LLC
Grant Deed
—
Mar 28, 2016
$350,000
Witzel Living Trust
Rockwell Lake Point LLC
Grant Deed
—
Mar 28, 2016
$868,500
Paul Banks
Rockwell Lake Point LLC
Grant Deed
—
Mar 28, 2016
$1,519,000
R & H Paul INC
Rockwell Lake Point LLC
Grant Deed
—
Feb 22, 2016
$1,150,000
Rockwell Lake Point LLC
Coliseum Center Land Owner LLC
Grant Deed
—
Jun 16, 2014
$1,500,000
Coliseum Center Land Owner LLC
Cv Coliseum Building LLC
Grant Deed
$58,000,000 · General Elec Cap
Apr 17, 2012
$67,850,000
Cv Coliseum Building LLC
Coliseum Transfer INC
Grant Deed
—
Apr 17, 2012
—
Cv Coliseum Building LLC
Coliseum Transfer INC
Quit Claim Deed
$68,250,000 · Bank Of America
Aug 28, 2009
$150,000
Coliseum Transfer INC
Crescent Resources LLC
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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