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Property profile & analytics
OFF-MARKET
Estimated value
$1,640,000
Office buildings
2857 Westport Rd, Charlotte, NC 28208-3647
Entity Owned
Free & Clear
Property ID
US53-1610547
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
10,478 SF
Lot
1.91 ac (83,417 SF)
Zoning code
I1
APN
6112310
UPID
US53-1610547
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
-
Eastwood Homes Construction Company General Contractor
-
Care Built Properties Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.64M
Owner & transaction history
Eastwood Construction Partners LLC
Eastwood Construction Partners LLC
since 2025
7 recorded transactions
Zoning & alternative use
I1 · 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
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,730,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$1.64M
Range $1.48M – $1.80M · ±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
$157 / 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
$13,191
Tax year 2023
Assessed value
$1,798,300
Assessed 2024
Previous assessed
$1,820,100
-1.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$660,400
Assessed improvement
$1,137,900
Land market value
$660,400
Improvement market value
$1,137,900
Total market value
$1,798,300
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Rooms
5
Total area
10,478 SF
Lot
1.91 ac (83,417 SF)
Zoning code
I1
APN
6112310
UPID
US53-1610547
Jurisdiction
MECKLENBURG
Zoning & alternative use
I1 · Charlotte, NC
Zoning I1 · permitted uses
I1 · 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
AUTO REPAIR, GARAGE
Est. value
$2.7M
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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Rooms
5
Lot
1.91 ac
Current owner
From public records · entity-resolved
Eastwood Construction Partners LLC
Entity
Free & Clear · 0 yrs held
Mailing address
2857 WESTPORT RD, CHARLOTTE, NC 28208-3647
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
39 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 21, 2025
—
Eastwood Construction Partners LLC
Kllb Aiv LLC
Warranty Deed
—
Nov 7, 2019
—
Eastwood Construction LLC
—
Deed
related
—
Nov 14, 2012
—
Eastwood Construction LLC
—
Grant Deed
related
$120,000,000 · Fifth Third Bk
Sep 22, 1997
—
Eastwood Construction Co INC
Eastwood,develop
Quit Claim Deed
related
$80,000 · Branch Banking & Trust Company
Aug 22, 1997
—
Development Eastwood
—
Deed Of Trust
related
$1,000,000 · Branch Banking & Trust Co
Aug 18, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$80,000 · Branch Banking & Trust Co
Aug 4, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$33,000 · Branch Banking & Trust Co
Jul 30, 1997
—
Development Eastwood
—
Deed Of Trust
related
$460,000 · Branch Banking & Trust Co
Jul 15, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$80,000 · Branch Banking & Trust Co
Jun 26, 1997
—
Development Eastwood
—
Deed Of Trust
related
$2,000,000 · Branch Banking & Trust Co
Jun 23, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$80,000 · Branch Banking & Trust Co
May 13, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$80,000 · Branch Banking & Trust Co
May 12, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$80,000 · Southtrust Bank NA
Apr 8, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Southtrust Bank NA
Apr 7, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Southtrust Bank NA
Feb 10, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Feb 6, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Southtrust Bank NA
Feb 4, 1997
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Nov 15, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Southtrust Bank NA
Nov 12, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Southtrust Bank NA
Oct 14, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Oct 11, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Aug 5, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Jul 30, 1996
—
Development Eastwood
—
Deed Of Trust
related
$369,400 · Southtrust Bank NA
Jul 24, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Jul 9, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Jun 17, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Centura Bank
Jun 7, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$175,500 · Branch Banking & Trust Co
May 14, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$300,000 · Centura Bank
May 3, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
May 2, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Apr 24, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · First Community Bank
Apr 17, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Branch Banking & Trust Co
Apr 11, 1996
—
Construction Eastwood
—
Deed Of Trust
related
$60,000 · Southtrust Bank NA
Feb 6, 1996
$90,000
Construction Eastwood
—
Grant Deed
related
$60,000 · Branch Banking & Trust Co
Dec 14, 1995
—
Development Eastwood
—
Deed Of Trust
related
$2,200,000 · Southtrust Bank NA
Aug 31, 1995
$90,000
Construction Comp Eastwood
—
Grant Deed
related
$77,000 · Branch Banking & Trust Co
—
—
Eastwood Construction LLC
—
Loan Modification
related
—
—
—
Eastwood Construction LLC
—
Deed Of Trust
related
$1,150,000 · Branch Banking & Trust Co
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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