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Property profile & analytics
OFF-MARKET
Estimated value
$12,885,000
Office buildings
721 Jetton St, Davidson, NC 28036-7107
Entity Owned
12-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3189216
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2014
Total area
55,157 SF
Lot
2.34 ac (101,887 SF)
Zoning code
C
APN
322152
UPID
US53-3189216
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
-
Impact Financial Systems Inc (Bike/Boat/Book/etc) Store Corporate Office
-
Valspar Corporate Office
-
Lake Norman Arthritis Specialists Medical Clinic
-
Dr. Daniel Kirby Physician
-
Sully's Steamers Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.88M
Comparable Approach
Comparable
$14.58M
Blend (final)
Blend
$12.89M
Owner & transaction history
Ck Two Harbour Place LLC · 12 yrs held
Ck Two Harbour Place LLC
since 2014
4 recorded transactions
Zoning & alternative use
C · Davidson, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$19.9M
+8.6%
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 Davidson submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Davidson 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%
$17,195,000
6.5%
$15,875,000
7%
$14,740,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$18,360,000
Current use
MEDICAL BUILDING
$19,940,000
Change: +9% · Conversion: Easy
RETAIL STORES
$17,505,000
Change: -5% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$15,915,000
Change: -13% · Conversion: Difficult
AUTO REPAIR, GARAGE
$15,130,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$12.89M
Range $11.60M – $14.17M · ±10%
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
$234 / 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
$82,507
Tax year 2023
Assessed value
$11,163,100
Assessed 2024
Previous assessed
$11,303,300
-1.2% YoY
Effective rate
0.74%
On assessed value
Assessed land
$2,222,700
Assessed improvement
$8,940,400
Land market value
$2,222,700
Improvement market value
$8,940,400
Total market value
$11,163,100
Applied tax rate
3.0000
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
2014
Heating
NONE
Cooling
AC.PACKAGE
Stories
3
Total area
55,157 SF
Lot
2.34 ac (101,887 SF)
Zoning code
C
APN
322152
UPID
US53-3189216
Jurisdiction
MECKLENBURG
Zoning & alternative use
C · Davidson, NC
Zoning C · permitted uses
C · Davidson, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Davidson. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$18.4M
MEDICAL BUILDING
Est. value
$19.9M
RETAIL STORES
Est. value
$17.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$15.9M
AUTO REPAIR, GARAGE
Est. value
$15.1M
OFFICE BUILDING Current
MEDICAL BUILDING
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2014
Heating
NONE
Cooling
Yes
Stories
3
Lot
2.34 ac
Current owner
From public records · entity-resolved
Ck Two Harbour Place LLC
Entity
Free & Clear · 12 yrs held
Mailing address
301 S COLLEGE ST STE #2800, CHARLOTTE, NC 28202-6033
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
May 28, 2014
—
Ck Two Harbour Place LLC
—
Trustees Deed
related
$8,380,000 · Wells Fargo Bk
Jan 7, 2014
—
Ck Two Harbour Place LLC
Ck Davidson LLC
Quit Claim Deed
related
—
Jun 22, 2004
$4,600,000
Ck Davidson LLC
Mercy Equipment Corp
Grant Deed
—
—
—
Ck Two Harbour Place LLC
—
Deed Of Trust
related
$15,500,000 · Miscellaneous Ins Co
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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