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Property profile & analytics
OFF-MARKET
Estimated value
$3,345,000
Car washes
668 Johnson Rd, Charlotte, NC 28206-1633
Entity Owned
~
Est. High Equity
Property ID
US53-0622056
Property profile
Verified
Property type
Car washes
Use group
CAR WASH - AUTOMATED
Year built
1988
Total area
2,396 SF
Lot
0.58 ac (25,262 SF)
Zoning code
B1CD
APN
19325201
UPID
US53-0622056
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
$3.56M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.35M
Owner & transaction history
Zameen LLC
Zameen LLC
since 2025
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
B1CD · 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
$3,420,000
ML approach
$3,555,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.35M
Range $3.01M – $3.68M · ±10% · vs last sale $3.20M (May 2 2023)
Last sale anchor
$3.20M
May 2 2023
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
$1,396 / 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
$9,782
Tax year 2023
Assessed value
$1,322,600
Assessed 2024
Previous assessed
$1,485,000
-10.9% YoY
Effective rate
0.74%
On assessed value
Assessed land
$1,000,300
Assessed improvement
$322,300
Land market value
$1,000,300
Improvement market value
$322,300
Total market value
$1,322,600
Applied tax rate
19.0000
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
Car washes
Use group
CAR WASH - AUTOMATED
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
3
Total area
2,396 SF
Lot
0.58 ac (25,262 SF)
Zoning code
B1CD
APN
19325201
UPID
US53-0622056
Jurisdiction
MECKLENBURG
Zoning & alternative use
B1CD · Charlotte, NC
Zoning B1CD · permitted uses
B1CD · 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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
3
Lot
0.58 ac
Current owner
From public records · entity-resolved
Zameen LLC
Entity
Mailing address
668 W JOHN ST, MATTHEWS, NC 28105-5351
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2025
$2,855,000
Zameen LLC
Shama Imtiaz LLC
Special Warranty Deed
$3,532,500 · First Community Bank (lexington)
Jul 16, 2025
—
Zameen LLC
—
Deed
related
$500,000 · Shama Imtiaz LLC
May 2, 2023
$3,200,000
Shama Imtiaz LLC
1031 Re LLC
Special Warranty Deed
$2,550,000 · Carolinas Telco FCU
May 2, 2023
—
Shama Imtiaz LLC
—
Deed
related
$114,202 · Lsaa LLC
Apr 27, 2023
—
1031 Re LLC
Sams Investments V LLC
Special Warranty Deed
—
May 2, 2022
—
Sams Investments V LLC
Sams Mart LLC
Special Warranty Deed
—
Dec 31, 2012
—
Bwn Investments LLC
Sams Mart IV LLC
Grant Deed
—
Dec 29, 2005
—
Sams Mart IV LLC
Sams Mart II INC
Quit Claim Deed
—
Sep 19, 2003
$5,000
Sams Mart II INC
Acme Properties LP
Grant Deed
$900,000 · Rbc Centura Bank
Jun 3, 1988
$236,000
Roberts & Stevens INC
Unknown
Grant Deed
—
—
—
Bwn Investments LLC
—
Deed Of Trust
related
$40,000,000 · Wells Fargo Bank
—
—
Sams Mart II INC
—
Loan Modification
related
$610,956 · Rbc Centura Bk
—
—
Sams Mart IV LLC
—
Deed Of Trust
related
$1,510,956 · Rbc Bank (usa)
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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