Property profile

605 Phillip Davis Dr Ste 3 Charlotte, NC 28217

OFF-MARKET
Industrial properties
Property ID
US53-1830173
3,168 SF 3.96 ac lot Built 2004
Entity Owned ~ Est. High Equity
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Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2004
Total area 3,168 SF
Lot 3.96 ac (172,498 SF)
Zoning code I2
APN 14527132
UPID US53-1830173

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

605 Phillip Davis Dr Ste, Unit 3 Charlotte, NC 28217-1530
Charlotte metro Census 3802 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$500k
Comparable Approach Comparable
$631k
Blend (final) Blend
$295k

Owner & transaction history

since 2026
3 recorded transactions
2026
$812,500
2004
$208,000
1969
Price N/A

Zoning & alternative use

I2 · Charlotte, NC
Top alternative use upside
Neighborhood: shopping center $945,000 +66.4%
Auto repair, garage $825,000 +45.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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