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Property profile & analytics
FOR LEASE
Office buildings
5821 Fairview Rd Charlotte, NC 28209
Entity Owned
~
Est. High Equity
Property ID
US53-1519206
For Lease
1 / 2
$29 SF/Yr
5821 Fairview Rd, Charlotte, NC 28209
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1970
Total area
122,052 SF
Lot
4.02 ac (174,981 SF)
Zoning code
O1
APN
17706201
UPID
US53-1519206
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
-
O'Malley Dawn S Physician Medical Clinic
-
Donna Dillon-Stout, PHD Physician Medical Clinic
-
Gingras Jeannine L MD Physician
-
Park View Building Construction Company
-
College Specialists College
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$30.94M
Comparable Approach
Comparable
$38.54M
Blend (final)
Blend
$30.22M
Owner & transaction history
Inpoint Charlotte Parkview LLC
Inpoint Charlotte Parkview LLC
since 2025
7 recorded transactions
Zoning & alternative use
O1 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$49.2M
+11.4%
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%
$33,510,000
6.5%
$30,935,000
7%
$28,725,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$44,160,000
Current use
MEDICAL BUILDING
$49,190,000
Change: +11% · Conversion: Easy
RETAIL STORES
$39,530,000
Change: -10% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$36,485,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$30.22M
Range $27.19M – $33.24M · ±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
$248 / 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
$177,464
Tax year 2023
Assessed value
$24,194,200
Assessed 2024
Previous assessed
$26,143,500
-7.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$9,755,700
Assessed improvement
$14,438,500
Land market value
$9,755,700
Improvement market value
$14,438,500
Total market value
$24,194,200
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1970
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
4
Units
1
Rooms
10
Total area
122,052 SF
Lot
4.02 ac (174,981 SF)
Zoning code
O1
APN
17706201
UPID
US53-1519206
Jurisdiction
MECKLENBURG
Zoning & alternative use
O1 · Charlotte, NC
Zoning O1 · permitted uses
O1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$44.2M
MEDICAL BUILDING
Est. value
$49.2M
RETAIL STORES
Est. value
$39.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$36.5M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1970
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
2
Units
1
Rooms
10
Lot
4.02 ac
Current owner
From public records · entity-resolved
Inpoint Charlotte Parkview LLC
Entity
Mailing address
452 5TH AVE FL #30, NEW YORK, NY 10018-2781
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 24, 2025
$19,319,136
Inpoint Charlotte Parkview LLC
Tcg Parkview Holdings LLC
Trust Deed
related
—
Oct 7, 2019
$25,500,000
Tcg Parkview Holdings LLC
Cal-park View LP
Grant Deed
$26,200,000 · Inpoint Reit Operating Ptshp L
Nov 13, 2018
—
Cal-park View LP
—
Deed
related
$14,000,000 · Rcc R/e
Sep 18, 2018
—
Cal-park View LP
—
Deed
related
$14,000,000 · Rcc R/e
Dec 12, 2014
—
Cal-park View LP
—
Grant Deed
related
$13,500,000 · Rcc R/e
Oct 12, 2007
$20,400,000
Cal-park View
Trp Park View Property LLC
Grant Deed
—
Sep 12, 1996
$10,345,000
Park View Investors I LLC
Park View Invest
Grant Deed
related
—
Sep 11, 1996
—
Park View Investors
—
Deed Of Trust
related
$7,600,000 · Bhf Bank
Jan 22, 1988
$5,800,000
Investors I Cambridge
Unknown
Grant Deed
—
—
—
Cal-park View LP
—
Deed Of Trust
related
$14,000,000 · Rcc R/e
—
—
G & I Parkview LLC
—
Deed Of Trust
related
$8,500,000 · Key Bank & Trust
—
—
Cal-park View LP
—
Deed Of Trust
related
$14,000,000 · Rcc R/e
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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