New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Office buildings
7005 Shannon Willow Rd Charlotte, NC 28226-1300
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1004970
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Total area
5,940 SF
Lot
1.01 ac (43,778 SF)
Zoning code
O-15(CD)
APN
21120136
UPID
US53-1004970
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
-
Charlotte south Professional Center Business Service Center Corporate Office
-
O.R.Colan Associates Real Estate Agency
-
Joyce Sandra Alternative Medicine Practice Spa & Massage Center
-
Bowker Clinic of Chiropractic Alternative Medicine Practice
-
Hunt Harry E DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.51M
Comparable Approach
Comparable
$2.69M
Blend (final)
Blend
$2.01M
Owner & transaction history
Evergreen Destiny Investment LLC · 1 yrs held
Evergreen Destiny Investment LLC
since 2025
Last sale
$2.0M
4 recorded transactions
Zoning & alternative use
O-15(CD) · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$2.4M
+6.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,630,000
6.5%
$1,505,000
7%
$1,400,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$2,255,000
Current use
MEDICAL BUILDING
$2,395,000
Change: +6% · Conversion: Easy
RETAIL STORES
$1,925,000
Change: -15% · Conversion: Moderate
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $1.97M (Mar 13 2025)
Last sale anchor
$1.97M
Mar 13 2025
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
$338 / 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
$12,275
Tax year 2023
Assessed value
$1,673,500
Assessed 2024
Previous assessed
$1,688,500
-0.9% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,182,300
Assessed improvement
$491,200
Land market value
$1,182,300
Improvement market value
$491,200
Total market value
$1,673,500
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
14
Total area
5,940 SF
Lot
1.01 ac (43,778 SF)
Zoning code
O-15(CD)
APN
21120136
UPID
US53-1004970
Jurisdiction
MECKLENBURG
Zoning & alternative use
O-15(CD) · Charlotte, NC
Zoning O-15(CD) · permitted uses
O-15(CD) · 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
OFFICE BUILDING Current
Est. value
$2.3M
MEDICAL BUILDING
Est. value
$2.4M
RETAIL STORES
Est. value
$1.9M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
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
1987
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
14
Lot
1.01 ac
Current owner
From public records · entity-resolved
Evergreen Destiny Investment LLC
Entity
Mailing address
7005 SHANNON WILLOW RD STE #100, CHARLOTTE, NC 28226-1302
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 31, 2025
—
Evergreen Destiny Investments LLC
—
Deed
related
$2,580,000 · Uwharrie Bank
Jun 13, 2025
$1,970,000
Evergreen Destiny Investment LLC
Colan Properties Nc LLC
Special Warranty Deed
$1,600,000 · Uwharrie Bank
Jul 31, 2015
$795,000
Colan Properties Nc LLC
Queen City Props Holding Co Ll
Warranty Deed
$500,000 · Branch Bk&tr
Dec 30, 1993
$147,500
Childers Family L P The
Unknown
Grant Deed
—
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 7005 Shannon Willow 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.
