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Property profile & analytics
OFF-MARKET
Estimated value
$10,790,000
Medical Office Space
309 Sharon Amity Rd, Charlotte, NC 28211-2978
Entity Owned
Free & Clear
Property ID
US53-5395185
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1998
Total area
43,602 SF
Lot
2.09 ac (91,128 SF)
Zoning code
R-17MF
APN
18502145
UPID
US53-5395185
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
-
Rouse Stephen J DDS Dental Office
-
Mockaitis Orthodontics Dental Office
-
QC Kinetix (Charlotte) Physician
-
Gregory Mantooth, MD Physician Medical Clinic
-
Miguel Yanez, MD Physician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.53M
CAP Approach
CAP
$9.28M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$10.79M
Owner & transaction history
Foot & Ankle Associates PLLC
Foot & Ankle Associates PLLC
since 2026
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
R-17MF · 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
$10,530,000
ML approach
$10,530,000
CAP Approach
CAP Return
Estimation
6%
$10,055,000
6.5%
$9,280,000
7%
$8,620,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$17,575,000
Current use
RETAIL STORES
$14,120,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$10.79M
Range $9.71M – $11.87M · ±10% · vs last sale $11.80M (Aug 6 2025)
Last sale anchor
$11.80M
Aug 6 2025
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
$247 / 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
$76,793
Tax year 2023
Assessed value
$10,469,400
Assessed 2024
Previous assessed
$12,111,000
-13.6% YoY
Effective rate
0.73%
On assessed value
Assessed land
$2,902,700
Assessed improvement
$7,566,700
Land market value
$2,902,700
Improvement market value
$7,566,700
Total market value
$10,469,400
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1998
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
1
Rooms
20
Total area
43,602 SF
Lot
2.09 ac (91,128 SF)
Zoning code
R-17MF
APN
18502145
UPID
US53-5395185
Jurisdiction
MECKLENBURG
Zoning & alternative use
R-17MF · Charlotte, NC
Zoning R-17MF · permitted uses
R-17MF · 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
MEDICAL BUILDING Current
Est. value
$17.6M
RETAIL STORES
Est. value
$14.1M
MEDICAL BUILDING Current
RETAIL STORES
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Rooms
20
Lot
2.09 ac
Current owner
From public records · entity-resolved
Foot & Ankle Associates PLLC
Entity
Free & Clear · 0 yrs held
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2026
—
Foot & Ankle Associates PLLC
Charlotte 309 Mp Wrk7 LP
Deed
—
Nov 6, 2025
$11,800,000
Charlotte 309 Mp Wrk7 LP
North Carolina Om Holdco LLC
Special Warranty Deed
$360,281,750 · Capital One NA
Jan 2, 2024
—
North Carolina Om Holdco LLC
Welltower Om Group LLC
Intrafamily Transfer
related
—
Mar 26, 2019
$10,530,000
Welltower Om Group LLC
Us Flagship Mob Sharon Amity L
Grant Deed
—
Mar 17, 2015
—
Flagship Us Investor LLC
Flagship-309 Sharon Amity LLC
Quit Claim Deed
related
—
Mar 17, 2015
$8,300,000
Us Flagship Mob Sharon Amity LLC
Flagship 309 Sharon Amity LLC
Special Warranty Deed
—
Jul 18, 2012
—
Flagship-309 Sharon Amity LLC
309 Sharon Amity Tic 1 LLC
Quit Claim Deed
—
Apr 17, 2008
—
Flagship-309 Sharon Amity LLC
309 S Sharon Amity LLC
Quit Claim Deed
related
—
Apr 17, 2008
$7,500,000
Flagship-309 Sharon Amity LLC
309 S Sharon Amity LLC
Grant Deed
—
Apr 14, 2008
—
James F Alexander
309 S Sharon Amity LLC
Grant Deed
—
Nov 26, 1997
$675,000
Linwood M Long JR.
Long,jr Linwood
Grant Deed
related
—
Jul 22, 1997
—
309 S Sharon Amity LLC
—
Deed Of Trust
related
$100,000 · Lykes J T III Lykes Trust
—
—
Flagship-309 Sharon Amity LLC
—
Deed Of Trust
related
$210,000 · Paragon Commercial 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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