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Property profile & analytics
FOR SALE
Retail space
2928 Rozzelles Ferry Rd Charlotte, NC 28208
Entity Owned
Free & Clear
Property ID
US53-1045892
For Sale
1 / 5
$850,000
2928 Rozzelles Ferry Rd, Charlotte, NC 28208
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
2,088 SF
Lot
0.24 ac (10,551 SF)
Zoning code
B2
APN
6904115
UPID
US53-1045892
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
-
Polly Doolittle Specialty Plaster Renovation Specialist General Contractor
-
Nave (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$678k
Blend (final)
Blend
$1.10M
Owner & transaction history
Aamaal LLC
Aamaal LLC
since 2025
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
B2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$1.4M
+108.6%
Medical building
$840,000
+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
$1,100,000
ML approach
$1,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$690,000
Current use
COMMERCIAL (GENERAL)
$1,440,000
Change: +109% · Conversion: Easy
MEDICAL BUILDING
$840,000
Change: +22% · Conversion: Difficult
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.07M (Nov 29 2022)
Last sale anchor
$1.07M
Nov 29 2022
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
$527 / 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
$2,558
Tax year 2023
Assessed value
$348,800
Assessed 2024
Previous assessed
$348,800
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$151,700
Assessed improvement
$197,100
Land market value
$151,700
Improvement market value
$197,100
Total market value
$348,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1965
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
2
Total area
2,088 SF
Lot
0.24 ac (10,551 SF)
Zoning code
B2
APN
6904115
UPID
US53-1045892
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
$690,000
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$840,000
RETAIL STORES Current
COMMERCIAL (GENERAL)
MEDICAL 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
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
2
Lot
0.24 ac
Current owner
From public records · entity-resolved
Aamaal LLC
Entity
Free & Clear · 0 yrs held
Mailing address
51 UN ST S STE ST STE, CHARLOTTE, NC 28205
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 22, 2025
$750,000
Aamaal LLC
Rozzelles Development Group LLC
Special Warranty Deed
—
Nov 29, 2022
$1,067,000
Rozzelles Development Group LLC
Mary Beth Peterson
Warranty Deed
$725,000 · Pinncacle Bank
Nov 7, 2019
—
Mary B Peterson
Deliberate Designs INC
Quit Claim Deed
related
—
Aug 15, 2019
$339,000
Deliberate Designs INC
E & M R/e Mgmt LLC
Warranty Deed
—
Dec 28, 2012
—
E & M Real Estate Mgmt LLC
Lunn Ent INC
Warranty 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.
Try Rey
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