New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,890,000
Warehouses
7000 Statesville Rd, Charlotte, NC 28269-1799
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US53-2280001
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1998
Total area
74,590 SF
Lot
7.54 ac (328,442 SF)
Zoning code
I2CD
APN
3720341
UPID
US53-2280001
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
-
B & W Storage Trailers Storage Facility
-
SafeNest Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.65M
CAP Approach
CAP
$13.45M
Comparable Approach
Comparable
$14.40M
Blend (final)
Blend
$12.89M
Owner & transaction history
Metrolina Storage LLC · 3 yrs held
Metrolina Storage LLC
since 2022
Last sale
$12.6M
7 recorded transactions
Zoning & alternative use
I2CD · 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
$12,965,000
ML approach
$9,645,000
CAP Approach
CAP Return
Estimation
6%
$14,565,000
6.5%
$13,445,000
7%
$12,485,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$9,890,000
Current use
Blend value · Realmo final
$12.89M
Range $11.60M – $14.18M · ±10% · vs last sale $12.58M (Oct 3 2022)
Last sale anchor
$12.58M
Oct 3 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
$173 / 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
$84,229
Tax year 2023
Assessed value
$11,483,100
Assessed 2024
Previous assessed
$11,624,700
-1.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,786,600
Assessed improvement
$9,696,500
Land market value
$1,786,600
Improvement market value
$9,696,500
Total market value
$11,483,100
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1998
Heating
NONE
Buildings
6
Stories
1
Total area
74,590 SF
Lot
7.54 ac (328,442 SF)
Zoning code
I2CD
APN
3720341
UPID
US53-2280001
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2CD · Charlotte, NC
Zoning I2CD · permitted uses
I2CD · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$9.9M
WAREHOUSE, STORAGE Current
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
1998
Heating
NONE
Stories
1
Buildings
6
Lot
7.54 ac
Current owner
From public records · entity-resolved
Metrolina Storage LLC
Entity
Mailing address
660 NEWPORT CTR DR BCH STE 1450TH XX
Ownership since
2022
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
May 6, 2026
—
Metrolina Storage LLC
—
Deed
related
$160,000,000
Dec 1, 2025
—
Cti Towers Assets II LLC
—
Deed
related
$425,700,000 · Wilmington Trust NA
Oct 3, 2022
$12,576,500
Metrolina Storage LLC
Metrolina Se Storage LLC
Warranty Deed
$300,000,000 · Key Bank NA
Feb 10, 2022
—
Cti Towers Assets II LLC
Site Concepts INC
Administrators Deed
—
Nov 3, 2020
—
Metrolina Se Storage LLC
—
Deed
related
$13,900,000 · Bank Of America NA
Oct 24, 2018
$3,345,000
Metrolina Se Storage LLC
Hogan,bobby R & Deborah L
Grant Deed
—
Sep 10, 2018
—
Sci Towers LLC
—
Grant Deed
related
$16,000,000 · Cti Towers Assets II LLC
Sep 2, 2016
$225,000
Bin-metrolina LLC
Hogan,bobby R & Deborah L
Grant Deed
related
$82,000,000 · Wells Fargo Bk
Dec 29, 2011
—
Kunkleman Daniel J Life Trust
Kunkleman Kathryn L Trust
Quit Claim Deed
related
—
Aug 16, 2005
—
Robert E Kunkleman
Kdh Transportation LLC
Warranty Deed
—
Sep 15, 2004
$1,664,000
Kdh Transportation LLC
Metrolina Mini Storage LLC
Warranty Deed
—
—
—
Robert E Kunkleman
—
Deed Of Trust
related
$900,000 · Regions Bank
—
—
Gah International Ltd
—
Deed Of Trust
related
$1,650,000 · Regions Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7000 Statesville Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
