Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    3930 Brookshire Blvd Charlotte, NC 28216-3908
    Property profile & analytics

    3930 Brookshire Blvd Charlotte, NC 28216-3908

    View on Map
    • Bars & Pubs
    • 6,917 SF
    • 1.38 lot acres
    Off-Market
    Property ID
    US53-2905946
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • club royal. aka {704] / Nightclub / DJ & Entertainment
    • Club Royale.one / Nightclub / DJ & Entertainment

    Property Details for 3930 Brookshire Blvd

    Year built
    1978
    Lot size
    1.38 lot acres
    Property size
    6,917 SF
    Zone code
    B-1
    Property type
    Bars & Pubs
    APN
    3901214
    APU
    3901214

    Description

    This exceptional 6,917 square foot mixed-use property at 3930 Brookshire Boulevard in Charlotte, North Carolina, presents a unique investment opportunity. Situated on a 1.472-acre lot, this single-story building, constructed in 1979, boasts a versatile layout ideal for a variety of commercial uses. Currently operating as a restaurant, the property includes a fully functional commercial kitchen, making it a turnkey solution for food-service businesses. The CG zoning permits a range of commercial activities. Its prime location in a rapidly developing area of Charlotte offers excellent visibility and accessibility, with convenient proximity to Uptown Charlotte and major interstates I-85 and I-77. Ample parking is available on-site. The property's size and established infrastructure provide a solid foundation for a thriving business. This is an active business; please do not disturb the current operations. Serious inquiries only. The property is located in Mecklenburg County, NC, zip code 28216.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8803
    Latitude
    35.2648
    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
    $8,049
    $948,100
    $149,200
    $1,097,300
    -
    $948,100
    $149,200
    $1,097,300

    Comparable in this City

    • Value Estimation by Request
      4,882 SF

      921 Beatties Frd Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 4,882 SF
      921 Beatties Frd Rd, Charlotte, NC 28216-5032
      View Details
    • Value Estimation by Request
      1,914 SF

      4410 Beatties Frd Rd

      NIGHTCLUB (COCKTAIL LOUNGE) • 1,914 SF
      4410 Beatties Frd Rd, Charlotte, NC 28216-2806
      View Details
    • Value Estimation
      $785,000
      4,915 SF

      8411 Northlake Cmns Blvd

      DRIVE-THRU RESTAURANT, FAST FOOD • 4,915 SF
      8411 Northlake Cmns Blvd, Charlotte, NC 28216-2268
      View Details
    • Value Estimation
      $915,000
      5,940 SF

      8325 Northlake Cmns Blvd

      RESTAURANT • 5,940 SF
      8325 Northlake Cmns Blvd, Charlotte, NC 28216-2270
      View Details
    • Value Estimation by Request
      5,700 SF

      3509 Mt Holly-Huntersville Rd

      Restaurants • 5,700 SF
      3509 Mt Holly-Huntersville Rd, Charlotte, NC 28216
      View Details
    • Value Estimation by Request
      2,854 SF

      2601 Beatties Frd Rd

      DRIVE-THRU RESTAURANT, FAST FOOD • 2,854 SF
      2601 Beatties Frd Rd, Charlotte, NC 28216-4319
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      12,000 SF

      Retail, Office, and Medical Space

      Retail, office, and medical space near Riverbend Village.
      4422 Mt Holly Huntersville Rd, Charlotte, NC 28216
      View Details
    • Contact for pricing
      2,540 SF

      Retail Properties on Corner Lot

      Two properties on a busy corner lot intersection.
      1836 Oakdale Rd #1, Charlotte, NC 28216
      View Details
    • Contact for pricing
      9,180 SF

      Wesley Heights Retail Opportunity

      9,180 SF stand-alone building in Wesley Heights neighborhood.
      1720 W Trade St, Charlotte, NC 28216
      View Details
    • Contact for pricing
      10,268 SF

      Retail, Office, and Medical Space

      Retail, office, and medical space near Riverbend Village.
      4400 Mt Holly Huntersville Rd, Charlotte, NC 28216
      View Details
    • Contact for pricing
      2,200 SF

      Starbucks Investment Opportunity in Charlotte

      NNN leased Starbucks with over 5 years remaining in Charlotte.
      4019 Brookshire Blvd, Charlotte, NC 28216
      View Details

    Similar Nearby for Lease

    • $36 SF/Yr

      Beatties Ford Road Retail Space

      Partially built-out restaurant space with high visibility and diverse potential.
      2023 Beatties Ford Rd, Charlotte, NC 28216
      View Details
    • Contact for pricing

      Retail Power Center Near Mall

      Retail space available in a regional shopping destination.
      10125 Perimeter Pkwy, Charlotte, NC 28216
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space Near Food Lion

      Retail space available in neighborhood center anchored by Food Lion.
      9548 Mt Holly-Huntersville Rd, Huntersville, NC 28216
      View Details
    • Contact for pricing
      50,080 SF

      Charlotte Warehouse Space Available

      39,360 SF warehouse space for lease in Charlotte.
      6945 Northpark Blvd, Charlotte, NC 28216
      View Details
    • Contact for pricing

      Industrial Single Tenant Opportunity

      28,800 SqFt industrial space available for single tenant.
      7020 Reames Rd, Charlotte, NC 28216
      View Details
    • Contact for pricing
      34,255 SF

      Industrial Park with Expansion Potential

      Industrial park offering warehouse space and future expansion options.
      3353 Reno Ave, Charlotte, NC 28216
      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.
    3930 Brookshire Blvd
    Charlotte, NC 28216-3908
    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

    Thank You for Inquiry
    3930 Brookshire Blvd, Charlotte, NC, 28216
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!