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Property profile & analytics
OFF-MARKET
Estimated value
$1,330,000
Strip malls
3919 Providence S Rd Waxhaw, NC 28173-9902
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US53-2002593
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2004
Total area
8,520 SF
Lot
1.18 ac (51,270 SF)
Zoning code
CU C-3 WAXHAW
APN
06-141-007E
UPID
US53-2002593
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
-
Jackson Hewitt Tax Service Accounting Firm Tax Preparation
-
PostalAnnex Courier Service Postal Service
-
The Groomery Pet Grooming Service
-
FedEx Authorized ShipCenter Courier Service Postal Service
-
South Charlotte Dog Grooming School Pet Grooming Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.36M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$890k
Blend (final)
Blend
$1.33M
Owner & transaction history
Ov LLC · 2 yrs held
Ov LLC
since 2023
Last sale
$1.4M
4 recorded transactions
Zoning & alternative use
CU C-3 WAXHAW · Waxhaw, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.4M
+7.8%
Auto repair, garage
$1.4M
+4.5%
Commercial (general)
$1.3M
+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
$1,260,000
ML approach
$1,355,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,290,000
Current use
OFFICE BUILDING
$1,390,000
Change: +8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,350,000
Change: +4% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,340,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.33M
Range $1.20M – $1.46M · ±10% · vs last sale $1.35M (Aug 11 2023)
Last sale anchor
$1.35M
Aug 11 2023
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
$156 / 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
$7,657
Tax year 2023
Assessed value
$754,500
Assessed 2023
Previous assessed
$754,500
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$235,400
Assessed improvement
$519,100
Land market value
$235,400
Improvement market value
$519,100
Total market value
$754,500
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
2004
Heating
YES
Stories
1
Total area
8,520 SF
Lot
1.18 ac (51,270 SF)
Zoning code
CU C-3 WAXHAW
APN
06-141-007E
UPID
US53-2002593
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
$1.3M
OFFICE BUILDING
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$1.4M
COMMERCIAL (GENERAL)
Est. value
$1.3M
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
2004
Heating
YES
Stories
1
Lot
1.18 ac
Current owner
From public records · entity-resolved
Ov LLC
Entity
Mailing address
1001 ELIZABETH AVED, CHARLOTTE, NC 28204-2237
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
$1,350,000
Ov LLC
Providence Road Properties LLC
Special Warranty Deed
$1,225,780 · First Citizens Bank & Trust Co
Aug 11, 2023
—
Providence Road Properties LLC
Sally R Laney
Deed
$1,225,780 · First Citizens Bank & Trust Co
Nov 19, 2018
—
Providence Road Properties LLC
—
Deed
related
$348,419 · Uwharrie Bk
—
—
Providence Road Properties LLC
—
Deed Of Trust
related
$348,419 · Uwharrie Bk
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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