Property profile

5114 Providence Rd Charlotte, NC 28226

OFF-MARKET
Assisted living facilities
Property ID
US53-0451747
62,843 SF 12.1 ac lot Built 1999
Entity Owned 27-yr Hold Free & Clear
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Property profile

Verified
Property type Assisted living facilities
Use group HOMES (RETIRED, NURSING)
Year built 1999
Total area 62,843 SF
Lot 12.1 ac (527,076 SF)
Zoning code INST(CD)
APN 18712102
UPID US53-0451747

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
  • Nursing Home Retirement Community
  • Physician
  • Physician

Location

5114 Providence Rd Charlotte, NC 28226-5852
Charlotte metro Census 2908 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.28M

Owner & transaction history

since 1999
7 recorded transactions
2010
Price N/A
2005
Price N/A
1999
$968,000
1999
$968,000
1998
$968,000
1998
$960,000
1997
Price N/A

Zoning & alternative use

INST(CD) · Charlotte, NC
Zoning description

This district is intended to recognize and permit the creation of defined areas for the unified and orderly development of major cultural, educational, medical, governmental, religious, athletic and other institutions in…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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