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Property profile & analytics
OFF-MARKET
Estimated value
$1,760,000
Day care centers
4720 Ew T Harris Blvd, Charlotte, NC 28215-4069
Individually Owned
2-yr Hold
Free & Clear
Property ID
US53-1424507
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1952
Total area
5,173 SF
Lot
5.02 ac (218,671 SF)
Zoning code
INSTCD
APN
10707129
UPID
US53-1424507
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.82M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
Ricky Malik · 2 yrs held
Ricky Malik
since 2023
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
INSTCD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.1M
+92.2%
Office building
$1.9M
+72.6%
Retail stores
$1.7M
+54.5%
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
$1,820,000
ML approach
$1,815,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE
$1,085,000
Current use
MEDICAL BUILDING
$2,085,000
Change: +92% · Conversion: Difficult
OFFICE BUILDING
$1,870,000
Change: +73% · Conversion: Difficult
RETAIL STORES
$1,675,000
Change: +54% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$1,545,000
Change: +43% · Conversion: Difficult
Blend value · Realmo final
$1.76M
Range $1.58M – $1.94M · ±10% · vs last sale $1.70M (Oct 6 2023)
Last sale anchor
$1.70M
Oct 6 2023
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
$340 / 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
$5,619
Tax year 2023
Assessed value
$766,000
Assessed 2024
Previous assessed
$796,600
-3.8% YoY
Effective rate
0.73%
On assessed value
Assessed land
$520,900
Assessed improvement
$245,100
Land market value
$520,900
Improvement market value
$245,100
Total market value
$766,000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1952
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
1
Total area
5,173 SF
Lot
5.02 ac (218,671 SF)
Zoning code
INSTCD
APN
10707129
UPID
US53-1424507
Jurisdiction
MECKLENBURG
Zoning & alternative use
INSTCD · Charlotte, NC
Zoning INSTCD · permitted uses
INSTCD · 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
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$2.1M
OFFICE BUILDING
Est. value
$1.9M
RETAIL STORES
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.5M
COLLEGE, UNIVERSITY, VOCATIONAL SCHOOL - PRIVATE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
1952
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
1
Lot
5.02 ac
Current owner
From public records · entity-resolved
Ricky Malik
Individual
Free & Clear · 2 yrs held
Mailing address
13301 NW 17TH CT, MIAMI, FL 33167-1501
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2023
—
Ricky Malik
4700 East W T LLC
Quit Claim Deed
related
—
Oct 6, 2023
$1,700,000
Cpc Of The Wmm USA Foundation INC
Ricky Malik
Warranty Deed
—
Aug 4, 2023
$780,000
Ricky Malik
Genesis One Full Day Preschool INC
Warranty Deed
—
Aug 4, 2023
—
4700 East W T LLC
Ricky Malik
Special Warranty Deed
—
Oct 26, 2010
—
Genesis One Full Day Preschool
Genesis One Full Day Preschool
Quit Claim Deed
related
—
May 26, 2006
$235,000
Genesis One Full Day Preschool INC
David N Tucker
Warranty Deed
—
Apr 6, 2005
—
David N Tucker
Phillips,ronald E & Stephanie C
Warranty 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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