Back to Search
Property profile & analytics
OFF-MARKET
Day care centers
5417 Lantana Ave Charlotte, NC 28212-5527
Individually Owned
12-yr Hold
Property ID
US53-0140628
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1953
Total area
2,760 SF
Lot
0.3 ac (13,087 SF)
Zoning code
R-17MF
APN
16302105
UPID
US53-0140628
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
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Ira R Windham · 12 yrs held
Ira R Windham
since 2013
3 recorded transactions
Zoning & alternative use
R-17MF · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing
Zone name
Multifamily Residential District
General category
RESIDENTIAL
Zone area
3.98 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,074
Tax year 2023
Assessed value
$282,700
Assessed 2024
Previous assessed
$282,900
-0.1% YoY
Effective rate
0.73%
On assessed value
Assessed land
$95,100
Assessed improvement
$187,600
Land market value
$95,100
Improvement market value
$187,600
Total market value
$282,700
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1953
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
5
Bathrooms
3
Total area
2,760 SF
Lot
0.3 ac (13,087 SF)
Zoning code
R-17MF
APN
16302105
UPID
US53-0140628
Jurisdiction
MECKLENBURG
Zoning & alternative use
R-17MF · Charlotte, NCZoning R-17MF · permitted uses
R-17MF · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing
Zone name
Multifamily Residential District
General category
RESIDENTIAL
Zone area
3.98 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1953
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
5
Bathrooms
3
Lot
0.3 ac
Current owner
From public records · entity-resolved
Ira R Windham
Individual
Mailing address
618 MAYVIEW DR, CHARLOTTE, NC 28205-7116
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2013
—
Ira R Windham
Windham Judy H
Quit Claim Deed
related
—
Apr 25, 2008
—
Judee Windham
Windham,ira R & Judee
Quit Claim Deed
related
—
Jan 23, 2004
$30,000
Judee Windham
Campbell,thelma P & Donald A
Grant Deed
$30,300 · Branch Banking & Trust 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.
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 5417 Lantana Ave?
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.
