Property profile

6423 Monroe Rd Charlotte, NC 28212

OFF-MARKET
Office buildings
Property ID
US53-3827248
2,168 SF 0.99 ac lot Built 2001
Entity Owned Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2001
Total area 2,168 SF
Lot 0.99 ac (43,241 SF)
Zoning code MUDD-O
APN 19101115
UPID US53-3827248

Cap rate & NOI

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

Location

6423 Monroe Rd Charlotte, NC 28212
Charlotte metro Census 1914 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$485k
CAP Approach CAP
$550k
Comparable Approach Comparable
$833k
Blend (final) Blend
$635k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

MUDD-O · Charlotte, NC
Zoning description

The Mixed Use Development District encourages mixed use development and its accompanying support commercial and office uses while maintaining a strong emphasis on pedestrian scale, urban development, and amenities, when…

General category MIXED_USE
Top alternative use upside
Medical building $875,000 +79.3%
Retail stores $700,000 +44.1%
Neighborhood: shopping center $650,000 +33.0%

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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