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Property profile & analytics
OFF-MARKET
Estimated value
$2,970,000
Retail space
3200 Davidson St Charlotte, NC 28205-1034
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-1192433
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1927
Total area
14,250 SF
Lot
0.21 ac (9,179 SF)
Zoning code
TOD-NC
APN
8308501
UPID
US53-1192433
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
-
Noda Barbers Barber Shop
-
Custom Tattooing by david Tattoo & Piercing Shop
-
Fu's Custom Tattoo Tattoo & Piercing Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.67M
Comparable Approach
Comparable
$2.34M
Blend (final)
Blend
$2.97M
Owner & transaction history
Macthree Investments Noda LLC · 1 yrs held
Macthree Investments Noda LLC
since 2025
5 recorded transactions
Zoning & alternative use
TOD-NC · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$4.3M
+9.8%
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%
$3,975,000
6.5%
$3,670,000
7%
$3,410,000
Alternative Use
Use
Estimation
RETAIL STORES
$3,880,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$4,260,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$3,735,000
Change: -4% · Conversion: Easy
AUTO REPAIR, GARAGE
$3,715,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$2.97M
Range $2.67M – $3.27M · ±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
$208 / 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
$31,651
Tax year 2023
Assessed value
$4,315,100
Assessed 2024
Previous assessed
$4,835,500
-10.8% YoY
Effective rate
0.73%
On assessed value
Assessed land
$658,600
Assessed improvement
$3,656,500
Land market value
$658,600
Improvement market value
$3,656,500
Total market value
$4,315,100
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
Off-Market
Year built
1927
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
8
Total area
14,250 SF
Lot
0.21 ac (9,179 SF)
Zoning code
TOD-NC
APN
8308501
UPID
US53-1192433
Jurisdiction
MECKLENBURG
Zoning & alternative use
TOD-NC · Charlotte, NC
Zoning TOD-NC · permitted uses
TOD-NC · 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
RETAIL STORES Current
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
OFFICE BUILDING
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.7M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
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
1927
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
8
Lot
0.21 ac
Current owner
From public records · entity-resolved
Macthree Investments Noda LLC
Entity
Free & Clear · 1 yrs held
Mailing address
100 N TRYON ST STE #4700, CHARLOTTE, NC 28202-4003
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
May 13, 2025
—
Macthree Investments Noda LLC
3200 Noda LLC
Quitclaim Deed
related
—
May 13, 2025
$7,102,000
Macthree Investments Noda LLC
3200 Noda LLC
Special Warranty Deed
—
Feb 23, 2018
$3,837,500
3200 Noda LLC
Noda At 35th St LLC
Grant Deed
$2,494,375 · Noda At 35th St LLC
Jan 12, 2017
—
Noda At 35th St LLC
Sires,j Paul
Grant Deed
—
Jul 3, 2013
—
J Paul Sires
Sires,j Paul
Quit Claim Deed
related
—
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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