Back to Search
Property profile & analytics
OFF-MARKET
Office Spaces
3623 Latrobe Dr Ste 228 Charlotte, NC 28211-1278
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US53-0141825
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1984
Total area
432 SF
Lot
2.42 ac (105,589 SF)
Zoning code
I1
APN
15706378
UPID
US53-0141825
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mra Properties LLC · 7 yrs held
Mra Properties LLC
since 2018
5 recorded transactions
Zoning & alternative use
I1 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$478
Tax year 2023
Assessed value
$65,200
Assessed 2024
Previous assessed
$65,200
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed improvement
$65,200
Improvement market value
$65,200
Total market value
$65,200
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
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1984
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
3
Total area
432 SF
Lot
2.42 ac (105,589 SF)
Zoning code
I1
APN
15706378
UPID
US53-0141825
Jurisdiction
MECKLENBURG
Zoning & alternative use
I1 · Charlotte, NC
Zoning I1 · permitted uses
I1 · 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
1984
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
3
Lot
2.42 ac
Current owner
From public records · entity-resolved
Mra Properties LLC
Entity
Mailing address
3623 LATROBE DR STE #216, CHARLOTTE, NC 28211-2117
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2018
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
Nov 1, 2018
$270,000
Mra Properties LLC
Carlos Rogers
Warranty Deed
$270,000 · First Citizens Bank & Trust Co
Dec 30, 2016
$850,000
Carlos Rogers
Kennedy Properties LLC
Warranty Deed
$500,000 · Private Individual
Jul 15, 2015
$350,000
Kennedy Properties LLC
Wachovia Capital Invs INC
Grant Deed
$250,000 · Branch Bk&tr
Dec 26, 2013
$909,125
Wachovia Capital Invs INC
Fletcher John W III
Trustees Deed
related
—
May 31, 2007
$1,374,000
Manley Properties LLC
Us Carwash INC
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 3623 Latrobe Dr Ste, Unit 228?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
