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Property profile & analytics
OFF-MARKET
Estimated value
$2,770,000
Medical Office Space
3135 Springbank Ln, Charlotte, NC 28226-3360
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US53-5535717
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2000
Total area
16,256 SF
Lot
1.61 ac (70,001 SF)
Zoning code
O-1(CD)
APN
21127128
UPID
US53-5535717
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
-
Arboretum Dentistry Dental Office
-
Dr. J. Maggie Lovin, MD Physician Medical Clinic
-
Artha Associates Real Estate Agency
-
Pediatric Urology Associates-Fort Mill Medical Clinic
-
Keiran Llaneza, PA Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.81M
CAP Approach
CAP
$3.46M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.77M
Owner & transaction history
3135 Springbank De LLC · 5 yrs held
3135 Springbank De LLC
since 2020
Last sale
$2.4M
6 recorded transactions
Zoning & alternative use
O-1(CD) · 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
$2,780,000
ML approach
$2,810,000
CAP Approach
CAP Return
Estimation
6%
$3,750,000
6.5%
$3,460,000
7%
$3,215,000
Blend value · Realmo final
$2.77M
Range $2.49M – $3.05M · ±10% · vs last sale $2.40M (Aug 24 2020)
Last sale anchor
$2.40M
Aug 24 2020
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
$170 / 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
$29,015
Tax year 2023
Assessed value
$3,955,700
Assessed 2024
Previous assessed
$3,979,300
-0.6% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,638,600
Assessed improvement
$2,317,100
Land market value
$1,638,600
Improvement market value
$2,317,100
Total market value
$3,955,700
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Total area
16,256 SF
Lot
1.61 ac (70,001 SF)
Zoning code
O-1(CD)
APN
21127128
UPID
US53-5535717
Jurisdiction
MECKLENBURG
Zoning & alternative use
O-1(CD) · Charlotte, NC
Zoning O-1(CD) · permitted uses
O-1(CD) · 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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Lot
1.61 ac
Current owner
From public records · entity-resolved
3135 Springbank De LLC
Entity
Mailing address
1235 EE BLVDE136, CHARLOTTE, NC 28203-5870
Ownership since
2020
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
Aug 24, 2020
—
3135 Springbank De LLC
3135 Springbank LLC
Quit Claim Deed
$37,300,000 · Dbr Invs Co Ltd
Jan 26, 2017
—
3135 Sprinbank LLC
—
Deed
related
$2,800,000 · First Citizens Bank & Trust Co
Jan 9, 2015
$2,400,000
3135 Springbank LLC
Cambridge-madison LLC
Grant Deed
—
Feb 8, 2008
$3,546,500
Cambridge Madison LLC
Madison At Belle Grove LLC
Special Warranty Deed
—
Aug 23, 2004
—
Madison At Belle Grove LLC
Dixie Land Co LLC
Grant Deed
related
—
—
—
Madison At Belle Grove LLC
—
Deed Of Trust
related
$2,000,000 · Greenwich Capital Fin'l INC
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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