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Property profile & analytics
OFF-MARKET
Estimated value
$4,305,000
Drive through restaurants
440 Tyvola Rd, Charlotte, NC 28217-3560
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-1916398
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2021
Total area
6,644 SF
Lot
0.79 ac (34,406 SF)
Zoning code
I-2(CD)
APN
16914117
UPID
US53-1916398
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
-
AFC Urgent Care SW Charlotte Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.27M
Blend (final)
Blend
$4.31M
Owner & transaction history
Aaaa Holdings LLC · 3 yrs held
Aaaa Holdings LLC
since 2022
Last sale
$4.3M
7 recorded transactions
Zoning & alternative use
I-2(CD) · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$4.6M
+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
$4,380,000
ML approach
$4,370,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$4,245,000
Current use
COMMERCIAL (GENERAL)
$4,590,000
Change: +8% · Conversion: Easy
Blend value · Realmo final
$4.31M
Range $3.87M – $4.74M · ±10% · vs last sale $4.25M (Dec 15 2022)
Last sale anchor
$4.25M
Dec 15 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
$648 / 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
$21,943
Tax year 2023
Assessed value
$2,991,600
Assessed 2024
Previous assessed
$2,991,600
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,165,100
Assessed improvement
$1,826,500
Land market value
$1,165,100
Improvement market value
$1,826,500
Total market value
$2,991,600
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2021
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
6
Total area
6,644 SF
Lot
0.79 ac (34,406 SF)
Zoning code
I-2(CD)
APN
16914117
UPID
US53-1916398
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-2(CD) · Charlotte, NC
Zoning I-2(CD) · permitted uses
I-2(CD) · 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
$4.2M
COMMERCIAL (GENERAL)
Est. value
$4.6M
RESTAURANT Current
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
2021
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
6
Lot
0.79 ac
Current owner
From public records · entity-resolved
Aaaa Holdings LLC
Entity
Mailing address
2101 SARDIS RD N STE #211, CHARLOTTE, NC 28227-7744
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 30, 2024
—
Aaaa Holdings LLC
—
Deed
related
$1,000,000 · Dan Totilca Etal
Dec 15, 2022
$4,250,000
Aaaa Holdings LLC
Woodford Holdings Tyvola LLC
Special Warranty Deed
$2,700,000 · Federal Credit Union
Jun 10, 2021
—
Woodford Holdings Tyvola LLC
—
Deed
related
$3,055,858 · Carter Bank & Trust
Oct 13, 2020
$1,135,000
Woodford Holdings Tyvola LLC
Tricor Properties LLC
Warranty Deed
$908,000 · Carter Bank & Trust
Feb 1, 1999
$850,000
Tricor Properties LLC
Charlotte,stratf
Grant Deed
—
Jan 27, 1999
$850,000
Tricor Properties LLC
Charlotte,stratf
Grant Deed
—
—
—
Tricor Properties LLC
—
Deed Of Trust
related
$377,247 · Fifth Third Bank
—
—
Tricor Properties LLC
—
Deed Of Trust
related
$3,900,000 · Carolina Premier Bank
—
—
Tricor INC
—
Deed Of Trust
related
$406,548 · Fifth Third Bank
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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