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Property profile & analytics
OFF-MARKET
Estimated value
$5,530,000
Warehouses
4914 Old Pineville Rd, Charlotte, NC 28217-2161
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-5427346
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Total area
14,400 SF
Lot
0.77 ac (33,327 SF)
Zoning code
I2
APN
16907610
UPID
US53-5427346
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
-
sonrise woodcarving finecraft studios Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.18M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.53M
Owner & transaction history
Cc Wls LLC · 5 yrs held
Cc Wls LLC
since 2021
Last sale
$5.0M
7 recorded transactions
Zoning & alternative use
I2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.2M
+318.2%
Office building
$6.4M
+191.9%
Medical building
$5.8M
+163.7%
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
$5,895,000
ML approach
$6,175,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$9,205,000
Change: +318% · Conversion: Difficult
OFFICE BUILDING
$6,425,000
Change: +192% · Conversion: Difficult
MEDICAL BUILDING
$5,805,000
Change: +164% · Conversion: Difficult
RETAIL STORES
$5,460,000
Change: +148% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$4,305,000
Change: +96% · Conversion: Moderate
Blend value · Realmo final
$5.53M
Range $4.98M – $6.08M · ±10% · vs last sale $5.02M (Jun 15 2021)
Last sale anchor
$5.02M
Jun 15 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
$384 / 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
$6,259
Tax year 2023
Assessed value
$853,300
Assessed 2024
Previous assessed
$1,173,500
-27.3% YoY
Effective rate
0.73%
On assessed value
Assessed land
$461,300
Assessed improvement
$392,000
Land market value
$461,300
Improvement market value
$392,000
Total market value
$853,300
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Heating
YES
Buildings
2
Stories
1
Units
1
Rooms
1
Total area
14,400 SF
Lot
0.77 ac (33,327 SF)
Zoning code
I2
APN
16907610
UPID
US53-5427346
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2 · Charlotte, NC
Zoning I2 · permitted uses
I2 · 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
Est. value
$9.2M
OFFICE BUILDING
Est. value
$6.4M
MEDICAL BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.3M
RESTAURANT
OFFICE BUILDING
MEDICAL 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
1982
Heating
YES
Stories
1
Buildings
2
Units
1
Rooms
1
Lot
0.77 ac
Current owner
From public records · entity-resolved
Cc Wls LLC
Entity
Free & Clear · 5 yrs held
Mailing address
2300 OLD STEELE CRK RD, CHARLOTTE, NC 28208-6033
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2021
—
Old Steele Creek LLC
—
Deed
related
$370,000 · The Fidelity Bank
Jun 15, 2021
$5,020,500
Cc Wls LLC
Routree Properties LLC
Special Warranty Deed
—
May 24, 2017
—
Old Steele Creek LLC
—
Deed
related
$400,000 · First Nat'l Bk/pa
May 30, 2008
$475,000
Old Steele Creek LLC
Donald C Neal Const Co INC
Warranty Deed
$245,000 · Newdominion Bank
—
—
Old Steele Creek LLC
—
Deed Of Trust
related
$416,000 · Branch Banking & Trust Co
—
—
Old Steele Creek LLC
—
Deed Of Trust
related
$356,250 · Newdominion Bank
—
—
Old Steele Creek LLC
—
Deed Of Trust
related
$400,000 · First Nat'l Bk/pa
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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