Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$4,065,000
Warehouses
5201 Terminal St Charlotte, NC 28208-1249
Entity Owned
10-yr Hold
Free & Clear
Property ID
US53-0176978
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1966
Total area
121,675 SF
Lot
7.75 ac (337,634 SF)
Zoning code
I2
APN
5702110
UPID
US53-0176978
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.06M
Blend (final)
Blend
$4.07M
Owner & transaction history
Bin-ts5101 LLC · 10 yrs held
Bin-ts5101 LLC
since 2015
7 recorded transactions
Zoning & alternative use
I2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.07M
Range $3.66M – $4.47M · ±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
$33 / 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
$52,073
Tax year 2023
Assessed value
$7,099,200
Assessed 2024
Previous assessed
$7,975,800
-11.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,439,600
Assessed improvement
$5,659,600
Land market value
$1,439,600
Improvement market value
$5,659,600
Total market value
$7,099,200
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1966
Heating
FORCED AIR
Cooling
YES
Buildings
2
Stories
1
Rooms
1
Total area
121,675 SF
Lot
7.75 ac (337,634 SF)
Zoning code
I2
APN
5702110
UPID
US53-0176978
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.
Building & site characteristics
From public records
Year built
1966
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Rooms
1
Lot
7.75 ac
Current owner
From public records · entity-resolved
Bin-ts5101 LLC
Entity
Free & Clear · 10 yrs held
Mailing address
500 E MOREHEAD ST STE #200, CHARLOTTE, NC 28202-3353
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 30, 2025
—
Bin Ts5101 LLC
—
Deed
related
$300,000,000 · Bank Of America NA
Feb 2, 2022
—
Bin Ts5101 LLC
—
Deed
related
$300,000,000 · Bank Of America NA
Apr 29, 2020
—
Bin-ts5101 LLC
—
Deed
related
—
Feb 28, 2019
—
Bin-ts5101 LLC
—
Loan Modification
related
$200,000,000 · Bank Of America
Aug 13, 2018
—
Bin-ts5101 LLC
—
Grant Deed
related
$200,000,000 · Bank Of America
Sep 6, 2016
—
Bin-ts5101 LLC
—
Deed
related
$82,000,000 · Wells Fargo Bk
Nov 20, 2015
$3,480,000
Bin-ts5101 LLC
Royal Realty II LLC
Grant Deed
—
Nov 20, 2015
—
Bin-ts5101 LLC
Royal Realty II LLC
Grant Deed
—
Aug 15, 2014
—
Royal Realty Associates LLC
—
Grant Deed
related
$70,000,000 · First Niagara Com'l Finance In
Jun 18, 2013
—
Royal Realty Associates LLC
—
Deed Of Trust
related
$10,000,000 · First Niagara Bank
Jun 3, 2013
—
Royal Realty Associates LLC
—
Deed Of Trust
related
$3,500,000 · First Niagara Bank
Nov 19, 2010
—
Royal Realty Associates LLC
—
Deed Of Trust
related
$6,574,794 · Wells Fargo Bank
Mar 15, 2007
$2,569,000
Royal Realty II LLC
North Carolina Industrial Capital L
Warranty Deed
$2,340,000 · Wachovia Bank NA
Jan 20, 1999
$2,400,000
Carolina Industrial North
Elam,aubrey J JR
Grant Deed
—
Jan 15, 1999
$2,400,000
Carolina Industrial North
Elam,aubrey J JR
Grant Deed
—
Aug 28, 1992
$1,851,000
Aubrey J Elam JR.
Unknown
Grant Deed
—
—
—
Bin-ts5101 LLC
—
Loan Modification
related
$82,000,000 · Wells Fargo Bk
—
—
Bin-ts5101 LLC
—
Deed Of Trust
related
$51,000,000 · Wells Fargo Bk
—
—
Royal Realty Associates LLC
—
Deed Of Trust
related
$10,000,000 · First Niagara Bank
—
—
Bin-ts5101 LLC
—
Loan Modification
related
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5201 Terminal St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
