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Property profile & analytics
FOR LEASE
Office Spaces
630 Davidson Gateway Dr, Davidson, NC 28036
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US53-0741254
For Lease
1 / 3
$1,655,000
630 Davidson Gateway Dr, Davidson, NC 28036
View Listing →
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2007
Total area
9,972 SF
Lot
1.09 ac (47,263 SF)
Zoning code
LPA
APN
321601
UPID
US53-0741254
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.57M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.72M
Blend (final)
Blend
$1.66M
Owner & transaction history
630 Davidson Gateway Dr LLC
630 Davidson Gateway Dr LLC
since 2025
Last sale
$1.7M
7 recorded transactions
Zoning & alternative use
LPA · Davidson, 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 Davidson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davidson 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
$1,585,000
ML approach
$1,570,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$2,735,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.70M (Jun 2 2022)
Last sale anchor
$1.70M
Jun 2 2022
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
$166 / 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
$17,317
Tax year 2023
Assessed value
$2,343,000
Assessed 2024
Previous assessed
$2,343,000
+0.0% YoY
Effective rate
0.74%
On assessed value
Assessed improvement
$2,343,000
Improvement market value
$2,343,000
Total market value
$2,343,000
Applied tax rate
3.0000
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
For Lease
Year built
2007
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Total area
9,972 SF
Lot
1.09 ac (47,263 SF)
Zoning code
LPA
APN
321601
UPID
US53-0741254
Jurisdiction
MECKLENBURG
Zoning & alternative use
LPA · Davidson, NC
Zoning LPA · permitted uses
LPA · Davidson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davidson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$2.7M
AUTO REPAIR, GARAGE
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
2007
Heating
FORCED AIR
Cooling
Yes
Stories
2
Lot
1.09 ac
Current owner
From public records · entity-resolved
630 Davidson Gateway Dr LLC
Entity
Mailing address
230 AVEBURY DR, NORTH CHESTERFIELD, VA 23236-3241
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2025
$3,000,000
630 Davidson Gateway Dr LLC
Iss Partners I LLC
Special Warranty Deed
$2,550,000 · Pinnacle Bank
May 11, 2023
—
630 Davidson Gateway LLC
—
Deed
related
$950,000 · Peoples Bank
Oct 17, 2022
—
T & R Real Estate LLC
—
Deed
related
$250,000 · United Community Bank
Jul 28, 2022
$126,500
Kaleidoscope Nc LLC
T & R Real Estate LLC
Special Warranty Deed
—
Jun 2, 2022
$1,700,000
630 Davidson Gateway LLC
T & R Real Estate LLC
Special Warranty Deed
$440,000 · First Citizens Bank And Trust Co INC
Jul 5, 2012
$1,165,500
Iss Partners I LLC
Kba Holdings INC
Warranty Deed
$1,555,000 · Bank Of America
Apr 11, 2008
—
Kba Holdings INC
Kba Holdings INC
Quit Claim Deed
related
—
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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