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Property profile & analytics
OFF-MARKET
Estimated value
$13,010,000
Garden apartment buildings
6920 Hidden Frst Dr, Charlotte, NC 28213-6192
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-2805724
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
2002
Total area
26,196 SF
Lot
9.55 ac (415,867 SF)
Zoning code
R12MF
APN
8916101
UPID
US53-2805724
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
-
AYK Investment Group llc Financial Advisor
-
Hard Work Theory Publishing House
-
Unique nails Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$13.64M
Blend (final)
Blend
$13.01M
Owner & transaction history
PC Nc Crossroads Station LLC · 5 yrs held
PC Nc Crossroads Station LLC
since 2020
Last sale
$12.5M
5 recorded transactions
Zoning & alternative use
R12MF · 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
$14,500,000
ML approach
$11,870,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$13.01M
Range $11.71M – $14.31M · ±10% · vs last sale $12.52M (Oct 1 2020)
Last sale anchor
$12.52M
Oct 1 2020
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
$497 / 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
$96,104
Tax year 2023
Assessed value
$13,102,100
Assessed 2024
Previous assessed
$13,182,400
-0.6% YoY
Effective rate
0.73%
On assessed value
Assessed land
$3,215,600
Assessed improvement
$9,886,500
Land market value
$3,215,600
Improvement market value
$9,886,500
Total market value
$13,102,100
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
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
2002
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
4
Stories
3
Total area
26,196 SF
Lot
9.55 ac (415,867 SF)
Zoning code
R12MF
APN
8916101
UPID
US53-2805724
Jurisdiction
MECKLENBURG
Zoning & alternative use
R12MF · Charlotte, NC
Zoning R12MF · permitted uses
R12MF · 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
2002
Heating
FORCED AIR
Cooling
Yes
Stories
3
Buildings
4
Lot
9.55 ac
Current owner
From public records · entity-resolved
PC Nc Crossroads Station LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4956 N 300TH W STE #300, PROVO, UT 84604-5842
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 1, 2020
$12,520,000
PC Nc Crossroads Station LLC
Carolinas 15-cvp L Threshold
Grant Deed
—
Nov 2, 2018
—
Threshold Carolinas 15-cvp LLC
—
Grant Deed
related
$9,975,000 · Greystone Svcg
Oct 7, 2016
$5,610,500
Threshold Carolinas 15 -cvp LLC
Concord Six LLC
Special Warranty Deed
$4,622,000 · Berkadia Commercial Mortgage LLC
Nov 2, 2006
—
Concord Six Mezzanine LLC
Hidden Forest Drive LLC
Grant Deed
$36,100,000 · Greenwich Capital Financial Product
Jul 5, 2005
—
Concord Eleven LLC
Concord Eleven Mezzanine LLC
Quit Claim Deed
related
$70,500,000 · Greenwich Capital Fin'l INC
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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