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Property profile & analytics
OFF-MARKET
Estimated value
$86,650,000
Specialty properties
310 Highroad Dr, Charlotte, NC 28262
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1136652
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
2001
Total area
16,002 SF
Lot
27.37 ac (1,192,237 SF)
Zoning code
R17MFCD
APN
2903131
UPID
US53-1136652
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
-
Highlands at Alexander Pointe Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$60.29M
Blend (final)
Blend
$86.65M
Owner & transaction history
Mcref Highlands Ap LLC · 4 yrs held
Mcref Highlands Ap LLC
since 2021
Last sale
$90.2M
7 recorded transactions
Zoning & alternative use
R17MFCD · 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
$105,915,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$86.65M
Range $77.99M – $95.32M · ±10% · vs last sale $90.20M (Sep 27 2021)
Last sale anchor
$90.20M
Sep 27 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
$5,415 / 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
$586,857
Tax year 2023
Assessed value
$80,007,700
Assessed 2024
Previous assessed
$80,260,600
-0.3% YoY
Effective rate
0.73%
On assessed value
Assessed land
$7,281,200
Assessed improvement
$72,726,500
Land market value
$7,281,200
Improvement market value
$72,726,500
Total market value
$80,007,700
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
2001
Heating
STEAM
Cooling
CENTRAL
Buildings
29
Stories
1
Total area
16,002 SF
Lot
27.37 ac (1,192,237 SF)
Zoning code
R17MFCD
APN
2903131
UPID
US53-1136652
Jurisdiction
MECKLENBURG
Zoning & alternative use
R17MFCD · Charlotte, NC
Zoning R17MFCD · permitted uses
R17MFCD · 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.
Building & site characteristics
From public records
Year built
2001
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
29
Lot
27.37 ac
Current owner
From public records · entity-resolved
Mcref Highlands Ap LLC
Entity
Free & Clear · 4 yrs held
Mailing address
1 N WACKER DR STE #2400, CHICAGO, IL 60606-2866
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 29, 2021
—
Mcref Highlands Ap LLC
—
Deed
related
$60,771,109 · Forethought Life Insurance Company
Sep 27, 2021
$90,200,000
Mcref Highlands Ap LLC
Rfi Highlands LLC
Special Warranty Deed
—
Jun 9, 2017
—
Rfi Highlands LLC
—
Deed
related
$31,900,000 · Hunt Mtg Ptrs LLC
Mar 21, 2012
$25,300,000
Rfi Highlands LLC
Kirk William B JR
Trustees Deed
related
—
Jun 13, 2006
—
Murfreesboro Waterford
Waterford,murfreesboro
Quit Claim Deed
related
—
—
—
Rfi Highlands LLC
—
Deed Of Trust
related
$19,320,000 · Centerline Mortgage Partners
—
—
Rfi Highlands LLC
—
Deed Of Trust
related
$31,900,000 · Hunt Mtg Ptrs LLC
—
—
Carrington-murfreesboro
—
Deed Of Trust
related
$19,950,000 · Primary Capital Advisors Lc
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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