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Property profile & analytics
FOR LEASE
Retail space
4717 Sharon Rd Charlotte, NC 28210
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-5793519
For Lease
1 / 10
$7,815,000
4717 Sharon Rd, Charlotte, NC 28210
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1998
Total area
30,260 SF
Lot
1.63 ac (71,046 SF)
Zoning code
O2
APN
18313304
UPID
US53-5793519
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
-
Rush My Passport Travel Agency
-
FedEx Drop Box Postal Service Courier Service
-
FedEx Office Print & Ship Center Courier Service Postal Service
-
T-Mobile Mobile Phone Store Electronics & Wireless Store
-
Blue Flowers Cannabis Hemp Dispensary THCa, Delta 8 THC, Delta 9 THC, Delta 10 THC, HHC, CBD, CBN, CBG, THCp, THCv (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.80M
Comparable Approach
Comparable
$5.15M
Blend (final)
Blend
$7.82M
Owner & transaction history
Ch Retail Fund I Of Charlotte Ter · 10 yrs held
Ch Retail Fund I Of Charlotte Ter
since 2016
7 recorded transactions
Zoning & alternative use
O2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$12.2M
+24.4%
Office building
$12.1M
+23.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,445,000
6.5%
$7,795,000
7%
$7,240,000
Alternative Use
Use
Estimation
RETAIL STORES
$9,800,000
Current use
MEDICAL BUILDING
$12,195,000
Change: +24% · Conversion: Difficult
OFFICE BUILDING
$12,110,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$9,045,000
Change: -8% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,885,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$7.82M
Range $7.03M – $8.60M · ±10%
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
$258 / 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
$93,574
Tax year 2023
Assessed value
$12,757,200
Assessed 2024
Previous assessed
$13,824,900
-7.7% YoY
Effective rate
0.73%
On assessed value
Assessed land
$6,912,100
Assessed improvement
$5,845,100
Land market value
$6,912,100
Improvement market value
$5,845,100
Total market value
$12,757,200
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1998
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
2
Units
1
Rooms
6
Total area
30,260 SF
Lot
1.63 ac (71,046 SF)
Zoning code
O2
APN
18313304
UPID
US53-5793519
Jurisdiction
MECKLENBURG
Zoning & alternative use
O2 · Charlotte, NCZoning O2 · permitted uses
O2 · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$9.8M
MEDICAL BUILDING
Est. value
$12.2M
OFFICE BUILDING
Est. value
$12.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$9.0M
AUTO REPAIR, GARAGE
Est. value
$7.9M
RETAIL STORES Current
MEDICAL BUILDING
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1998
Heating
FORCED AIR
Cooling
Yes
Stories
2
Buildings
2
Units
1
Rooms
6
Lot
1.63 ac
Current owner
From public records · entity-resolved
Ch Retail Fund I Of Charlotte Ter
Entity
Free & Clear · 10 yrs held
Mailing address
3819 MAPLE AVE, DALLAS, TX 75219-3913
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 8, 2025
—
Ch Retail Fund Icharlotte Terraces
—
Deed
related
—
Feb 2, 2017
—
Ch Retail Fund I Of Charlotte Ter
—
Deed
related
$49,700,000 · Miscellaneous Ins Co
Jul 29, 2016
$13,700,000
Ch Retail Fund I Of Charlotte Ter
Ddr Terraces Sp LLC
Grant Deed
—
Sep 27, 2011
$11,000,000
Ddr Terraces Sp LLC
C & S Terraces Of Southpark LLC
Grant Deed
—
Sep 27, 2011
—
Ddr Terraces Sp LLC
—
Deed Of Trust
related
$7,650,000 · Us Bank NA #2006-c25 (ce)
Oct 4, 2004
$12,260,000
C & S Terraces Of Southpark LLC
Terraces At Southpark LLC
Warranty Deed
related
—
Aug 11, 1999
—
Ghazi,n C LLC
Rbb Investments
Grant Deed
related
—
Jun 24, 1998
—
Rbb Investments I Ltd
Rbb Investments
Quit Claim Deed
related
—
May 26, 1998
$1,200,000
Rbb Investments IV Ltd
Rbb Investments
Trustees Deed
related
—
Dec 31, 1991
$750,000
First Federal Savings
Unknown
Grant Deed
related
—
—
—
Ch Retail Fund I Of Charlotte Ter
—
Deed Of Trust
related
$49,700,000 · Miscellaneous Ins Co
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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