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Property profile & analytics
OFF-MARKET
Estimated value
$11,390,000
High-rise multifamily apartments
6205 Carnegie Blvd, Charlotte, NC 28211-3508
Individually Owned
12-yr Hold
~
Est. High Equity
Property ID
US53-1198579
Property profile
Verified
Property type
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Year built
2015
Total area
134,765 SF
Lot
3.23 ac (140,655 SF)
Zoning code
O2CD
APN
17702176
UPID
US53-1198579
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
-
Charlotte Apartment Building
-
Austin Marvel Marketing & Advertising Advertising Agency
-
Clearstream LLC Corporate Office
-
Golf Fitness Charlotte Gym & Fitness Center
-
The Encore SouthPark Apartment Building Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.09M
Blend (final)
Blend
$11.39M
Owner & transaction history
Simpson Woodfield Southpark Ll · 12 yrs held
Simpson Woodfield Southpark Ll
since 2013
7 recorded transactions
Zoning & alternative use
O2CD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$11.39M
Range $10.25M – $12.53M · ±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
$85 / 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
$632,204
Tax year 2023
Assessed value
$86,190,000
Assessed 2024
Previous assessed
$90,272,900
-4.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$10,389,200
Assessed improvement
$75,800,800
Land market value
$10,389,200
Improvement market value
$75,800,800
Total market value
$86,190,000
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
High-rise multifamily apartments
Use group
HIGH-RISE APARTMENTS
Status
Off-Market
Year built
2015
Heating
HEAT PUMP
Cooling
CENTRAL
Buildings
4
Stories
3
Total area
134,765 SF
Lot
3.23 ac (140,655 SF)
Zoning code
O2CD
APN
17702176
UPID
US53-1198579
Jurisdiction
MECKLENBURG
Zoning & alternative use
O2CD · Charlotte, NC
Zoning O2CD · permitted uses
O2CD · 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.
Building & site characteristics
From public records
Year built
2015
Heating
HEAT PUMP
Cooling
Yes
Stories
3
Buildings
4
Lot
3.23 ac
Current owner
From public records · entity-resolved
Simpson Woodfield Southpark Ll
Individual
Mailing address
PO BOX 450233, ATLANTA, GA 31145-0233
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 6, 2018
—
Shlp Encore LLC
—
Deed
related
$45,000,000 · Regions Bk/fayette
Oct 18, 2013
$7,250,000
Simpson Woodfield Southpark Ll
Woodfield Southpark LLC
Grant Deed
$46,970,000 · Regions Bank
Dec 6, 2012
—
Woodfield Southpark LLC
Pinnacle Building LLC
Grant Deed
$7,000,000 · Shlp Acquisition LLC
Dec 6, 2012
$7,250,000
Woodfield Southpark LLC
Pinnacle Building LLC
Grant Deed
—
Dec 30, 1999
—
Dennis Thompson
Morrison,downs L
Grant Deed
related
—
Jun 3, 1993
$500,000
Morrison Downs Ltd
Unknown
Grant Deed
—
—
—
Shlp Encore LLC
—
Deed Of Trust
related
$45,000,000 · Regions Bk/fayette
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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