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Property profile & analytics
OFF-MARKET
Estimated value
$705,000
Industrial properties
3924 Chesapeake Dr Charlotte, NC 28216-3404
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-0573495
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1978
Total area
7,515 SF
Lot
1.05 ac (45,564 SF)
Zoning code
I2
APN
3905109
UPID
US53-0573495
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
-
OnSight, Inc. Advertising Agency Marketing & Advertising
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
$790k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$705k
Owner & transaction history
Katie Mcmurray · 4 yrs held
Katie Mcmurray
since 2022
Last sale
$695,000
7 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
$715,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
$855,000
6.5%
$790,000
7%
$730,000
Blend value · Realmo final
$705k
Range $635k – $776k · ±10% · vs last sale $695k (Jul 8 2022)
Last sale anchor
$695k
Jul 8 2022
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
$94 / 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
$5,787
Tax year 2023
Assessed value
$789,000
Assessed 2024
Previous assessed
$804,100
-1.9% YoY
Effective rate
0.73%
On assessed value
Assessed land
$321,200
Assessed improvement
$467,800
Land market value
$321,200
Improvement market value
$467,800
Total market value
$789,000
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
1978
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
9
Total area
7,515 SF
Lot
1.05 ac (45,564 SF)
Zoning code
I2
APN
3905109
UPID
US53-0573495
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
1978
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
9
Lot
1.05 ac
Current owner
From public records · entity-resolved
Katie Mcmurray
Individual
Mailing address
1190 PALMER AVE, WINTER PARK, FL 32789-2675
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$695,000
Katie Mcmurray
Spoke & Hammer Construction Company
Warranty Deed
$611,442 · Mortgage Research Center LLC
Jan 31, 2018
—
3924 Chesapeake LLC
—
Deed
related
—
Jan 23, 2018
—
3924 Chesapeake LLC
Evergreen Prop Ventures LLC
Grant Deed
—
Jan 10, 2018
—
Evergreen Prop Ventures LLC
Onsight INC
Grant Deed
—
Mar 20, 2017
—
Onsight INC
J & M Holdings LLC
Grant Deed
—
Mar 20, 2017
$450,000
Onsight INC
J & M Holdings LLC
Warranty Deed
$360,000 · Bank Of America
Dec 15, 1999
$205,000
J & M Holdings LLC
Dublin Realty Co
Grant Deed
related
—
Dec 11, 1997
$187,000
Dublin Realty Co INC
Dublin Realty Co
Grant Deed
related
—
Jun 21, 1988
$165,000
John S Miller JR
Unknown
Grant Deed
—
—
—
3924 Chesapeake LLC
—
Loan Modification
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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