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Property profile & analytics
OFF-MARKET
Estimated value
$11,325,000
Industrial properties
3400 Woodpark Blvd Charlotte, NC 28206-4238
Individually Owned
9-yr Hold
Free & Clear
Property ID
US53-0459764
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Total area
95,960 SF
Lot
5.16 ac (224,770 SF)
Zoning code
I2
APN
7720205
UPID
US53-0459764
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
-
Endo Factory Production Facility
-
CFE Equipment Corporation Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
-
EIS | Engineered & Industrial Solutions Big Box & Wholesale Store
-
Quality Materials & Installation General Contractor Renovation Specialist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.08M
Comparable Approach
Comparable
$11.60M
Blend (final)
Blend
$11.33M
Owner & transaction history
Ic Industrial Reit · 9 yrs held
Ic Industrial Reit
since 2017
5 recorded transactions
Zoning & alternative use
I2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$16,330,000
6.5%
$15,075,000
7%
$13,995,000
Blend value · Realmo final
$11.33M
Range $10.19M – $12.46M · ±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
$118 / 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
$44,002
Tax year 2023
Assessed value
$5,998,900
Assessed 2024
Previous assessed
$6,091,500
-1.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,110,700
Assessed improvement
$4,888,200
Land market value
$1,110,700
Improvement market value
$4,888,200
Total market value
$5,998,900
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Total area
95,960 SF
Lot
5.16 ac (224,770 SF)
Zoning code
I2
APN
7720205
UPID
US53-0459764
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2 · Charlotte, NC
Zoning I2 · permitted uses
I2 · 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
1985
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Lot
5.16 ac
Current owner
From public records · entity-resolved
Ic Industrial Reit
Individual
Free & Clear · 9 yrs held
Mailing address
66 FRANKLIN ST STE 200TH XX
Ownership since
2017
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
Apr 2, 2018
—
Ic Industrial Reit
—
Grant Deed
related
$621,000,000 · Wfb NA
Jul 12, 2017
$6,080,000
Ic Industrial Reit
Evergreen Propco Xi LLC
Grant Deed
—
Oct 1, 2015
$56,918,000
Evergreen Propco Xi LLC
Ch Realty V Of Wbp LLC
Grant Deed
—
Feb 1, 1999
—
Carlyle/fr Investors LLC
Lincoln National
Grant Deed
related
—
—
—
Ch Realty V Of Wbp LLC
—
Loan Modification
related
$29,500,000 · Miscellaneous Ins Co
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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