Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    3828 Revolution Park Dr Charlotte, NC 28217-1504
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3828 Revolution Park Dr Charlotte, NC 28217-1504

    View on Map
    • Warehouses
    • 31,464 SF
    • 5.40 lot acres
    Off-Market
    Property ID
    US53-2437271
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $3,010,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 3828 Revolution Park Dr

    Year built
    2007
    Lot size
    5.40 lot acres
    Property size
    31,464 SF
    Zone code
    I-1(CD)
    Property type
    Warehouses
    APN
    14520118
    APU
    14520118

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $4,126,000
      Market price range: $3.32M - $6.92M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $4,810,000
      Current use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8883
    Latitude
    35.1975
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $22,609
    $1,013,700
    $2,068,700
    $3,082,400
    -
    $1,013,700
    $2,068,700
    $3,082,400

    Comparable in this City

    • Value Estimation by Request
      11,297 SF

      4101 Stuart Andrew Blvd

      Distribution properties • 11,297 SF
      4101 Stuart Andrew Blvd, Charlotte, NC 28217
      View Details
    • Value Estimation
      $8,840,000
      69,458 SF

      4401 Yancey Rd

      WAREHOUSE, STORAGE • 69,458 SF
      4401 Yancey Rd, Charlotte, NC 28217
      View Details
    • Value Estimation
      $10,590,000
      127,480 SF

      807 Pressley Rd

      WAREHOUSE, STORAGE • 127,480 SF
      807 Pressley Rd, Charlotte, NC 28217-0978
      View Details
    • Value Estimation
      $1,960,000
      14,850 SF

      3324 Pelton St

      WAREHOUSE, STORAGE • 14,850 SF
      3324 Pelton St, Charlotte, NC 28217-1318
      View Details
    • Value Estimation
      $2,100,000
      15,952 SF

      5318 Old Pineville Rd

      WAREHOUSE, STORAGE • 15,952 SF
      5318 Old Pineville Rd, Charlotte, NC 28217-2735
      View Details
    • Value Estimation
      $6,165,000
      73,422 SF

      4740 Dwight Evans Rd

      WAREHOUSE, STORAGE • 73,422 SF
      4740 Dwight Evans Rd, Charlotte, NC 28217-0982
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      7,948 SF

      Industrial Flex Space For Sale

      Industrial flex property with office and warehouse space available.
      3250 Green Park Cir, Charlotte, NC 28217
      View Details
    • Contact for pricing

      Warehouse in South End

      Warehouse with two entrances and two docks, along light rail.
      3315 Pelton St, Charlotte, NC 28217
      View Details
    • $3,000,000
      6.22 Acres

      Prime Land in Charlotte, NC

      High-visibility land with development potential near I-485 and retail.
      8151 Steele Creek Rd, Charlotte, NC 28217
      View Details
    • Contact for pricing
      8,330 SF

      LoSo Flex Property For Sale

      8,330 SF flex property in rapidly growing LoSo submarket.
      130 Southside Dr, Charlotte, NC 28217
      View Details
    • Contact for pricing

      Shopton Road Commercial Land Available

      Commercial land for sale with convenient access to major highways.
      4704 Shopton Rd, Charlotte, NC 28217
      View Details
    • Contact for pricing
      8,748 SF

      Move-in Ready LOSO Office Building

      Stand-alone office building in a rapidly growing area.
      421 Minuet Ln, Charlotte, NC 28217
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Old Pineville Flex Park

      Flex park with dock-high warehouse access for lease.
      6006 Old Pineville Rd, Charlotte, NC 28217
      View Details
    • Contact for pricing

      Flex Park Near Airport

      93,175 SF flex park near Charlotte Airport.
      4107 Rose Lake Dr, Charlotte, NC 28217
      View Details
    • $14 SF/Yr
      6,424 SF

      Charlotte Warehouse and Distribution Space

      Conveniently located warehouse and distribution space near major transportation routes.
      1022 Pressley Rd, Charlotte, NC 28217
      View Details
    • Contact for pricing

      Land and Warehouse Opportunity

      Land and warehouse available for lease in growing area.
      4413 Yancey Rd, Charlotte, NC 28217
      View Details
    • Contact for pricing

      Charlotte Warehouse with Office Space

      Warehouse with office space, dock doors, and drive-in access.
      1900 Center Park Dr, Charlotte, NC 28217
      View Details
    • Contact for pricing
      44,186 SF

      Charlotte Warehouse with Dock Doors

      44,186 SF warehouse with multiple dock and drive-in doors.
      4620 Belle Oaks Dr, Charlotte, NC 28217
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    3828 Revolution Park Dr
    Charlotte, NC 28217-1504
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!