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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Retail space
2825 Rozzelles Fry Rd Charlotte, NC 28208-3234
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-5426645
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1931
Total area
1,926 SF
Lot
0.37 ac (16,063 SF)
Zoning code
B2
APN
7114305
UPID
US53-5426645
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 Cash Rental Check Cashing
-
Elite Smokes Charlotte (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
$495k
Comparable Approach
Comparable
$807k
Blend (final)
Blend
$700k
Owner & transaction history
Greater West Lion LLC · 4 yrs held
Greater West Lion LLC
since 2021
Last sale
$675,000
6 recorded transactions
Zoning & alternative use
B2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$775,000
+21.7%
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
$795,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$535,000
6.5%
$495,000
7%
$460,000
Alternative Use
Use
Estimation
RETAIL STORES
$640,000
Current use
MEDICAL BUILDING
$775,000
Change: +22% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$575,000
Change: -10% · Conversion: Moderate
OFFICE BUILDING
$575,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$700k
Range $630k – $770k · ±10% · vs last sale $675k (Aug 20 2021)
Last sale anchor
$675k
Aug 20 2021
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
$363 / 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
$3,045
Tax year 2023
Assessed value
$415,100
Assessed 2024
Previous assessed
$420,200
-1.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$239,700
Assessed improvement
$175,400
Land market value
$239,700
Improvement market value
$175,400
Total market value
$415,100
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1931
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
1,926 SF
Lot
0.37 ac (16,063 SF)
Zoning code
B2
APN
7114305
UPID
US53-5426645
Jurisdiction
MECKLENBURG
Zoning & alternative use
B2 · Charlotte, NCZoning B2 · permitted uses
B2 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$640,000
MEDICAL BUILDING
Est. value
$775,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$575,000
OFFICE BUILDING
Est. value
$575,000
RETAIL STORES Current
MEDICAL BUILDING
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1931
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
0.37 ac
Current owner
From public records · entity-resolved
Greater West Lion LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5009 BEATTIES FRD RD STE #107, CHARLOTTE, NC 28216-2860
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 29, 2022
—
Greater West Lion LLC
—
Deed
related
$892,500 · Uwharrie Bank
Aug 20, 2021
—
Greater West Lion LLC
Pcg Capital Funding Group LLC
Quit Claim Deed
related
—
Aug 20, 2021
$675,000
Greater West Lion LLC
Pcg Capital Funding Group LLC
Special Warranty Deed
—
Aug 16, 2018
$460,000
Pcg Capital Funding Group LLC
Green,gerald B
Warranty Deed
related
—
Nov 20, 2008
—
Gerald B Green
—
Trustees Deed
related
$25,000 · Carolina First Bank
Nov 19, 2007
—
Gerald B Green
United States Of America
Grant Deed
$215,000 · Carolina First 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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