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Property profile & analytics
OFF-MARKET
Day care centers
5842 Hickory Grv Rd Charlotte, NC 28215-4126
Individually Owned
21-yr Hold
~
Est. High Equity
Property ID
US53-5331985
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1948
Total area
2,150 SF
Lot
0.46 ac (19,981 SF)
Zoning code
INST(CD)
APN
10320212
UPID
US53-5331985
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
-
Nehemiah's Builders Academy Daycare Center
-
Anointed Future 'Too' Daycare Center
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
Janice M White · 21 yrs held
Janice M White
since 2005
7 recorded transactions
Zoning & alternative use
INST(CD) · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is intended to recognize and permit the creation of defined areas for the unified and orderly development of major cultural, educational, medical, governmental, religious, athletic and other institutions in order to support and enhance their benefit to the community in a manner which protects adjacent residential uses, this conditional district…
Zone name
Institutional Conditional Zoning District
General category
CIVIC_INSTITUTIONAL
Zone area
1,264.88 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
$1,706
Tax year 2023
Assessed value
$232,600
Assessed 2024
Previous assessed
$240,400
-3.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$70,700
Assessed improvement
$161,900
Land market value
$70,700
Improvement market value
$161,900
Total market value
$232,600
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
1948
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
2
Total area
2,150 SF
Lot
0.46 ac (19,981 SF)
Zoning code
INST(CD)
APN
10320212
UPID
US53-5331985
Jurisdiction
MECKLENBURG
Zoning & alternative use
INST(CD) · Charlotte, NCZoning INST(CD) · permitted uses
INST(CD) · 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 intended to recognize and permit the creation of defined areas for the unified and orderly development of major cultural, educational, medical, governmental, religious, athletic and other institutions in order to support and enhance their benefit to the community in a manner which protects adjacent residential uses, this conditional district allow for the establishment of certain uses, which, because of their nature or scale, have particular impacts on both the immediate area and the community as a whole
Zone name
Institutional Conditional Zoning District
General category
CIVIC_INSTITUTIONAL
Zone area
1,264.88 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1948
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Bathrooms
2
Lot
0.46 ac
Current owner
From public records · entity-resolved
Janice M White
Individual
Mailing address
11418 3RD SISTERS LN, MINT HILL, NC 28227-3639
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 2, 2020
—
Anointed Future Child Dev Ctr LLC
—
Deed
related
$458,000 · Truist Bank
Oct 19, 2018
—
Janice M White
—
Deed
related
$299,500 · Self-help Cu
Sep 24, 2018
—
Janice M White
—
Deed
related
$102,000 · Self-help Ventures Fnd
Jul 22, 2005
—
Janice M White
Harris,cameo C
Quit Claim Deed
related
$97,750 · Wmc Mortgage Corp
Dec 29, 2003
$75,000
Cameo C Harris
Gladden,w K & Helen R
Grant Deed
$67,500 · First Franklin Financial Corp
Aug 18, 2003
$8,500
Charlotte City (nc)
Gladden,w K & Helen R
Grant Deed
—
—
—
White,janice M
—
Deed Of Trust
related
$257,000 · Self-help Ventures Fnd
—
—
Janice M White
—
Deed Of Trust
related
$299,500 · Self-help Cu
—
—
Janice M White
—
Deed Of Trust
related
$105,000 · Southern Community Bank
—
—
Janice M White
—
Loan Modification
related
$105,000 · Capital Bank NA
—
—
Janice M White
—
Deed Of Trust
related
$102,000 · Self-help Ventures Fnd
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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