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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Specialty properties
5400 Monroe Rd, Charlotte, NC 28212-5502
Entity Owned
Free & Clear
Property ID
US53-1743513
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1947
Total area
53,791 SF
Lot
129.65 ac (5,647,380 SF)
Zoning code
R4
APN
16304101A
UPID
US53-1743513
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
-
National Cremation Service - Charlotte, NC Cremation Service Funeral Home
-
Sharon Mausoleum Cemetery
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.28M
Blend (final)
Blend
$1.66M
Owner & transaction history
PROVIDENCE MEMORIAL ASSOC INC
PROVIDENCE MEMORIAL ASSOC INC
Zoning & alternative use
R4 · 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
$1,030,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±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
$31 / 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
$44,876
Tax year 2023
Assessed value
$6,118,000
Assessed 2024
Previous assessed
$6,165,500
-0.8% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,727,900
Assessed improvement
$2,390,100
Land market value
$3,727,900
Improvement market value
$2,390,100
Total market value
$6,118,000
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1947
Heating
STEAM
Cooling
NONE
Buildings
3
Stories
1
Units
1
Rooms
6
Bathrooms
2
Total area
53,791 SF
Lot
129.65 ac (5,647,380 SF)
Zoning code
R4
APN
16304101A
UPID
US53-1743513
Jurisdiction
MECKLENBURG
Zoning & alternative use
R4 · Charlotte, NC
Zoning R4 · permitted uses
R4 · 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
1947
Heating
STEAM
Cooling
Yes
Stories
1
Buildings
3
Units
1
Rooms
6
Bathrooms
2
Lot
129.65 ac
Current owner
From public records · entity-resolved
PROVIDENCE MEMORIAL ASSOC INC
Entity
Free & Clear · 0 yrs held
Mailing address
PO BOX 130548, HOUSTON, TX 77219-0548
Ownership since
—
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
No recorded transactions
No recorded transactions found for this property.
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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