Entity Owned Property summary
AI-generated overview
This exceptional 51,480-square-foot flex space, situated on a 3.7-acre lot, presents a unique investment opportunity. The single-story, Class C building, constructed in 1983 and extensively renovated in 2023, boasts a 17'6" ceiling height, ideal for various industrial and warehouse uses. The property features 14 dock-high doors, providing efficient loading and unloading capabilities. Ample parking is available with 172 spaces. The building's layout includes multiple tenancies, with one 9,800-square-foot space currently available. The property is zoned I-2, offering flexibility for a range of businesses. Internal features include a wet sprinkler system and 3-phase power. The column spacing is 48' x 48', maximizing usable space. All HVAC units were replaced in the summer of 2020, ensuring efficient climate control. The property's APN is 145-271-26. This well-maintained property offers a blend of functionality and modern upgrades, making it an attractive option for businesses seeking a versatile and spacious industrial space. The property's strategic location and ample parking further enhance its appeal.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1983
Total area
50,954 SF
Lot
4.04 ac (175,895 SF)
Zoning code
I2
APN
14527126
UPID
US53-0378654
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Business To Business Service
-
Postal Service Courier Service
-
Charitable Organization Social Service Agency
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.01M
Comparable Approach
Comparable
$10.36M
Blend (final)
Blend
$8.36M
Owner & transaction history
since 2007
3 recorded transactions
Zoning & alternative use
I2 · Charlotte, NC
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$8.36M
Value range
$7.52M – $9.19M
±10% around blend
Estimated value / SF
$164 / SF
Confidence
Low
3 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
30
$7.52M
blend $8.36M
$9.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
50,954 SF
Lot area
4.04 ac
Year built
1983
Stories
1
APN
14527126
Zoning
I2
Assessed value
$5,996,000
Annual tax
$43,981
3
Income approach: direct capitalization
Partial preview
Income approach indication
$8.01M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$8.67M
@ 6.5% CAP return
$8.01M
@ 7% CAP return
$7.43M
4
Sales comparison
Partial preview
Sales approach indication
$10.29M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.4 mi away · 52,976 SF
16.6 mi away · 36,957 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$8.36M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 28 sales
$180
-9%
Submarket 188 sales
$225
-27%
County 284 sales
$240
-32%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $164/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$6.00M
Move the market yield to see immediate price impact.
Value / SF
$118
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$378k
$7.55M
$5.40M
$4.20M
$420k
$8.39M
$6.00M
$4.66M
$462k
$9.23M
$6.60M
$5.13M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$10.00M
4.3 mi · Oct 2025 · $168/SF
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$43,981
Tax year 2023
Assessed value
$5,996,000
Assessed 2024
Previous assessed
$6,121,700
-2.1% YoY
Effective rate
0.73%
On assessed value
Assessed land
$887,700
Assessed improvement
$5,108,300
Land market value
$887,700
Improvement market value
$5,108,300
Total market value
$5,996,000
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1983
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
82
Total area
50,954 SF
Lot
4.04 ac (175,895 SF)
Zoning code
I2
APN
14527126
UPID
US53-0378654
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2 · Charlotte, NCZoning I2 · permitted uses
I2 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
82
Lot
4.04 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
I2
Jurisdiction
Charlotte, NC
Recorded code
I2
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for I2 in Charlotte, NC.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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