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Property profile & analytics
OFF-MARKET
Estimated value
$860,000
Strip malls
3913 Providence S Rd Waxhaw, NC 28173-0117
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US53-3674086
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2009
Total area
7,330 SF
Lot
1.11 ac (48,395 SF)
Zoning code
CU C-3 WAXHAW
APN
06-141-007D
UPID
US53-3674086
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
-
Asian Grill Restaurant
-
Ice Cream & Pizza Works Restaurant
-
Mike de Julien - State Farm Insurance Agent Insurance Agency
-
Denim Nation Waxhaw/NYC Clothing & Fashion Store
-
Snap Fitness Waxhaw Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$860k
Owner & transaction history
4325 South LLC · 9 yrs held
4325 South LLC
since 2016
7 recorded transactions
Zoning & alternative use
CU C-3 WAXHAW · Waxhaw, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.2M
+7.8%
Auto repair, garage
$1.2M
+4.5%
Commercial (general)
$1.2M
+3.6%
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 Waxhaw submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Waxhaw 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,110,000
Current use
OFFICE BUILDING
$1,200,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,160,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,150,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$860k
Range $774k – $946k · ±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
$117 / 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
$9,724
Tax year 2023
Assessed value
$958,100
Assessed 2023
Previous assessed
$958,100
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$222,200
Assessed improvement
$735,900
Land market value
$222,200
Improvement market value
$735,900
Total market value
$958,100
Applied tax rate
528.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2009
Heating
YES
Stories
1
Rooms
5
Total area
7,330 SF
Lot
1.11 ac (48,395 SF)
Zoning code
CU C-3 WAXHAW
APN
06-141-007D
UPID
US53-3674086
Jurisdiction
UNION
Zoning & alternative use
CU C-3 WAXHAW · Waxhaw, NC
Zoning CU C-3 WAXHAW · permitted uses
CU C-3 WAXHAW · Waxhaw, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Waxhaw. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.1M
OFFICE BUILDING
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.2M
NEIGHBORHOOD: SHOPPING CENTER Current
OFFICE BUILDING
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
2009
Heating
YES
Stories
1
Rooms
5
Lot
1.11 ac
Current owner
From public records · entity-resolved
4325 South LLC
Entity
Mailing address
10033 STRIKE THE GOLD LN, WAXHAW, NC 28173-8084
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 4, 2016
$1,650,000
4325 South LLC
Waxhaw Park II LLC
Warranty Deed
$310,000 · Park Sterling Bank
May 15, 2009
$1,500,000
Waxhaw Park II LLC
Holevas-holton Properties LLC
Warranty Deed
$1,200,000 · Citizens South Bank
Nov 21, 2008
—
Holevas-holton Properties LLC
—
Trustees Deed
related
$1,055,000 · Citizens South Bank
Apr 19, 2007
$1,000,000
Holevas-holton Properties LLC
Rogers,kathleen C
Warranty Deed
$2,000,000 · Citizens South Bank
May 14, 2004
—
Providence Road Properties LLC
Rogers,frank M SR & Carrie J
Warranty Deed
$8,819 · First Charter Bank
May 13, 2004
—
Providence Road Properties
Rogers,frank SR
Trustees Deed
related
—
May 30, 2001
$151,500
Frank M Rogers SR.
Rogers,charles E
Grant 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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