Property profile

5531 Hovis Rd Charlotte, NC 28216

OFF-MARKET
Retail space
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Property ID
US53-1995531
7,500 SF 0.35 ac Built 1999
Last sale Mar 2023·$1,535,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$5k
Tax billed · 2023
Assessed value · 2024$647k
Assessed land$145k
Assessed improvement$502k
Effective rate0.73%

Value estimate

· Nov 2026
$1.64M
$1.48M – $1.80M
AI approach$1.68M
CAP approach$1.93M
Submarket $/SF estimate$1.01M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$316/SF
ZIP average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$99 – $627

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I-2
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency20.6
Dental Office16.2
Law Firm15.9

Location

5531 Hovis Rd Charlotte, NC 28216
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3842 Corning, Charlotte, NC 28216-1224 $10,730,000 Oct 2024 8,218 SF
3708 Oakdale, Charlotte, NC 28216-5743 $1,572,000 Jan 2024 9,230 SF
5600 Brookshire, Charlotte, NC 28216-3380 $606,500 Nov 2021 7,176 SF
9516 Riverbend Vlg, Charlotte, NC 28216-0293 $14,465,000 Oct 2021 7,402 SF
9515 Riverbend Vlg, Charlotte, NC 28216-0291 $14,465,000 Oct 2021 7,281 SF
9511 Riverbend Vlg, Charlotte, NC 28216-9123 $14,465,000 Oct 2021 7,916 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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