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Property profile & analytics
OFF-MARKET
Estimated value
$1,255,000
Manufacturing properties
610 Scholtz Rd Charlotte, NC 28217
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0105128
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Total area
12,642 SF
Lot
0.34 ac (14,993 SF)
Zoning code
TOD-CC
APN
16907508
UPID
US53-0105128
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
-
Days Spa Nails & Facial Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$940k
Blend (final)
Blend
$1.26M
Owner & transaction history
Rountree Properties LLC · 19 yrs held
Rountree Properties LLC
since 2007
2 recorded transactions
Zoning & alternative use
TOD-CC · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Transit Community Center Zoning District is appropriate for parcels near moderate-intensity rapid transit stations and streetcar stops
Zone name
Transit Oriented Development Community Center Zoning District
General category
UNKNOWN
Zone area
1,091.62 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.26M
Range $1.13M – $1.38M · ±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
$99 / 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
$6,158
Tax year 2023
Assessed value
$839,500
Assessed 2024
Previous assessed
$849,600
-1.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$322,200
Assessed improvement
$517,300
Land market value
$322,200
Improvement market value
$517,300
Total market value
$839,500
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Heating
FORCED AIR
Cooling
YES
Stories
1
Rooms
1
Total area
12,642 SF
Lot
0.34 ac (14,993 SF)
Zoning code
TOD-CC
APN
16907508
UPID
US53-0105128
Jurisdiction
MECKLENBURG
Zoning & alternative use
TOD-CC · Charlotte, NCZoning TOD-CC · permitted uses
TOD-CC · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Transit Community Center Zoning District is appropriate for parcels near moderate-intensity rapid transit stations and streetcar stops
Zone name
Transit Oriented Development Community Center Zoning District
General category
UNKNOWN
Zone area
1,091.62 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1965
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
1
Lot
0.34 ac
Current owner
From public records · entity-resolved
Rountree Properties LLC
Entity
Mailing address
500 E MOREHEAD ST STE #230, CHARLOTTE, NC 28202-3395
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 27, 2007
$503,000
Rountree Properties LLC
Cht R Beitlich Corp
Special Warranty Deed
$503,000 · First Citizens Bank & Trust Co
Jun 24, 1999
$191,500
Catawba Charlab INC
Crates,mary M
Grant Deed
—
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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