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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Office buildings
2809 Coltsgate Rd, Charlotte, NC 28211-5582
Entity Owned
20-yr Hold
~
Est. High Equity
Property ID
US53-1804150
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1996
Total area
9,584 SF
Lot
0.69 ac (29,967 SF)
Zoning code
O-6(CD)
APN
18313207
UPID
US53-1804150
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
-
Charlotte Root Canal Center Dental Office
-
Charlotte Dental Implant Center Dental Office
-
Charlotte Dental Esthetics Dental Office
-
Ramesh Kumar Sunar Dental Office
-
Vaibhav Bajaj Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.43M
Comparable Approach
Comparable
$3.03M
Blend (final)
Blend
$2.76M
Owner & transaction history
Ely Real Estate LLC · 20 yrs held
Ely Real Estate LLC
since 2006
5 recorded transactions
Zoning & alternative use
O-6(CD) · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.9M
+49.3%
Retail stores
$3.1M
+20.0%
Neighborhood: shopping center
$2.9M
+10.7%
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%
$2,630,000
6.5%
$2,430,000
7%
$2,255,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,585,000
Current use
MEDICAL BUILDING
$3,865,000
Change: +49% · Conversion: Easy
RETAIL STORES
$3,105,000
Change: +20% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$2,865,000
Change: +11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,495,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±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
$287 / 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
$16,333
Tax year 2023
Assessed value
$2,226,700
Assessed 2024
Previous assessed
$2,258,200
-1.4% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,513,500
Assessed improvement
$713,200
Land market value
$1,513,500
Improvement market value
$713,200
Total market value
$2,226,700
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1996
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Total area
9,584 SF
Lot
0.69 ac (29,967 SF)
Zoning code
O-6(CD)
APN
18313207
UPID
US53-1804150
Jurisdiction
MECKLENBURG
Zoning & alternative use
O-6(CD) · Charlotte, NC
Zoning O-6(CD) · permitted uses
O-6(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
OFFICE BUILDING Current
Est. value
$2.6M
MEDICAL BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.5M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1996
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Ely Real Estate LLC
Entity
Mailing address
2809 COLTSGATE RD STE #100, CHARLOTTE, NC 28211-5583
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 30, 2014
—
Ely Real Estate LLC
—
Grant Deed
related
$2,065,305 · Bank Of America
Jan 31, 2012
—
Ely Real Estate LLC
—
Deed Of Trust
related
$2,434,166 · Wells Fargo Bank
Mar 29, 2006
$2,600,000
Ely Real Estate LLC
Nash Investment Properties LLC
Warranty Deed
$2,340,000 · Wachovia Bank NA
May 10, 1996
—
George H Talbot
Talbot,george H
Quit Claim Deed
related
—
Nov 20, 1990
$418,000
Coltsgate Ltd Partnership
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.
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