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Property profile & analytics
OFF-MARKET
Estimated value
$2,170,000
Strip malls
4724 Old Pineville Rd, Charlotte, NC 28217-2169
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1707611
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1986
Total area
10,142 SF
Lot
0.68 ac (29,434 SF)
Zoning code
TOD-CC
APN
16901114
UPID
US53-1707611
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
-
Logika Design & Technology Marketing & Advertising Advertising Agency
-
J&Y COMPUTERS Computer & Electronic Repair
-
Juanita's Bakery Bakery Take-out & Catering
-
Hello Signs (Bike/Boat/Book/etc) Store Printing Service
-
iPhone Repair By J&Y Electronics & Wireless Store Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.33M
CAP Approach
CAP
$3.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.17M
Owner & transaction history
Wicker Old Pineville LLC · 4 yrs held
Wicker Old Pineville LLC
since 2021
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
TOD-CC · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,350,000
ML approach
$2,325,000
CAP Approach
CAP Return
Estimation
6%
$3,265,000
6.5%
$3,010,000
7%
$2,795,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$3,030,000
Current use
AUTO REPAIR, GARAGE
$2,645,000
Change: -13% · Conversion: Difficult
Blend value · Realmo final
$2.17M
Range $1.95M – $2.39M · ±10% · vs last sale $2.00M (Sep 2 2021)
Last sale anchor
$2.00M
Sep 2 2021
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
$214 / 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
$14,403
Tax year 2023
Assessed value
$1,963,600
Assessed 2024
Previous assessed
$1,986,400
-1.1% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,200,000
Assessed improvement
$763,600
Land market value
$1,200,000
Improvement market value
$763,600
Total market value
$1,963,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1986
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
10
Total area
10,142 SF
Lot
0.68 ac (29,434 SF)
Zoning code
TOD-CC
APN
16901114
UPID
US53-1707611
Jurisdiction
MECKLENBURG
Zoning & alternative use
TOD-CC · Charlotte, NC
Zoning TOD-CC · permitted uses
TOD-CC · 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
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$3.0M
AUTO REPAIR, GARAGE
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER Current
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
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
10
Lot
0.68 ac
Current owner
From public records · entity-resolved
Wicker Old Pineville LLC
Entity
Free & Clear · 4 yrs held
Mailing address
5300 OLD PINEVILLE RD, CHARLOTTE, NC 28217-2769
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 2, 2021
$2,000,000
Wicker Old Pineville LLC
Rw And Jw Properties
Special Warranty Deed
—
Sep 2, 2021
—
Wicker Old Pineville LLC
Rw And Jw Properties
Quit Claim Deed
related
$1,600,000 · Rw And Jw Properties
Dec 3, 1996
$300,000
Rw Properties
Rw,& Jw Proper
Grant Deed
related
—
Dec 1, 1996
—
Rw Properties
—
Deed Of Trust
related
$300,000 · R H Wheatley 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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