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Property profile & analytics
OFF-MARKET
Estimated value
$2,045,000
Turn key restaurants
400 Graham St Charlotte, NC 28202-1304
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-0904010
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1953
Total area
3,370 SF
Lot
0.1 ac (4,507 SF)
Zoning code
UMUD
APN
7317203
UPID
US53-0904010
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
-
Nikita Ocasio Waste Management Facility
-
Graham St. Pub & Patio Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.12M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.05M
Owner & transaction history
Nhd Investments INC · 3 yrs held
Nhd Investments INC
since 2022
Last sale
$2.0M
5 recorded transactions
Zoning & alternative use
UMUD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.3M
+8.1%
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
$2,060,000
ML approach
$2,115,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$2,155,000
Current use
COMMERCIAL (GENERAL)
$2,330,000
Change: +8% · Conversion: Easy
OFFICE BUILDING
$1,975,000
Change: -8% · Conversion: Moderate
Blend value · Realmo final
$2.05M
Range $1.84M – $2.25M · ±10% · vs last sale $2.00M (Aug 5 2022)
Last sale anchor
$2.00M
Aug 5 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
$607 / 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
$12,272
Tax year 2023
Assessed value
$1,673,100
Assessed 2024
Previous assessed
$1,673,100
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,053,200
Assessed improvement
$619,900
Land market value
$1,053,200
Improvement market value
$619,900
Total market value
$1,673,100
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1953
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
4
Total area
3,370 SF
Lot
0.1 ac (4,507 SF)
Zoning code
UMUD
APN
7317203
UPID
US53-0904010
Jurisdiction
MECKLENBURG
Zoning & alternative use
UMUD · Charlotte, NC
Zoning UMUD · permitted uses
UMUD · 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.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$2.2M
COMMERCIAL (GENERAL)
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.0M
RESTAURANT Current
COMMERCIAL (GENERAL)
OFFICE BUILDING
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
1953
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
4
Lot
0.1 ac
Current owner
From public records · entity-resolved
Nhd Investments INC
Entity
Mailing address
800 WHEAT FLD DR, WAXHAW, NC 28173-7219
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 5, 2022
$2,000,000
Nhd Investments INC
Lischerong Enterprises And Holdings
Special Warranty Deed
$945,000 · Encore Bank NA
Mar 22, 2022
—
William W Stuck
Leh Nc Graham LLC
Special Warranty Deed
—
Jul 29, 2016
$635,000
Leh Nc Graham LLC
Giordano,anthony L
Grant Deed
$607,000 · Capital Bk
Jan 10, 2014
$535,000
400 Graham LLC
Jfs Ents LLC
Warranty Deed
—
Aug 23, 2013
—
Jfs Ents LLC
Silla,jon & Monika
Grant Deed
—
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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