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Property profile & analytics
OFF-MARKET
Day care centers
7727 Sharon Lks Rd Charlotte, NC 28210-7482
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-0096912
Property profile
Verified
Property type
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Year built
1980
Total area
4,724 SF
Lot
0.88 ac (38,460 SF)
Zoning code
R-17MF
APN
17332605
UPID
US53-0096912
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Shri Rang LLC · 4 yrs held
Shri Rang LLC
since 2021
7 recorded transactions
Zoning & alternative use
R-17MF · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing
Zone name
Multifamily Residential District
General category
RESIDENTIAL
Zone area
3.98 ac
Source
Realmo
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,213
Tax year 2023
Assessed value
$847,000
Assessed 2024
Previous assessed
$867,500
-2.4% YoY
Effective rate
0.73%
On assessed value
Assessed land
$570,100
Assessed improvement
$276,900
Land market value
$570,100
Improvement market value
$276,900
Total market value
$847,000
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
Day care centers
Use group
DAY CARE, PRE-SCHOOL
Status
Off-Market
Year built
1980
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
8
Total area
4,724 SF
Lot
0.88 ac (38,460 SF)
Zoning code
R-17MF
APN
17332605
UPID
US53-0096912
Jurisdiction
MECKLENBURG
Zoning & alternative use
R-17MF · Charlotte, NCZoning R-17MF · permitted uses
R-17MF · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing
Zone name
Multifamily Residential District
General category
RESIDENTIAL
Zone area
3.98 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1980
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
8
Lot
0.88 ac
Current owner
From public records · entity-resolved
Shri Rang LLC
Entity
Mailing address
1701 PAINTED HORSE DR, INDIAN TRAIL, NC 28079-5798
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 27, 2021
—
Shri Rang LLC
Mahnsia LLC
Special Warranty Deed
$603,500 · First Horizon Bank
Jul 26, 2019
$600,000
Mahnsia LLC
C & S Rental Properties LLC
Grant Deed
$698,000 · Poppy Bk
Sep 24, 2018
—
C & S Rental Properties LLC
Middleton,stanley L & Christina R
Grant Deed
—
Mar 22, 2012
—
Christina R Middleton
Chris Play & Learn INC
Quit Claim Deed
—
Nov 10, 2011
$410,000
Chris Play & Learn INC
Southgate Properties LLC
Warranty Deed
$307,500 · Regions Bank
Jan 8, 2010
—
Southgate Properties LLC
—
Trustees Deed
related
$1,249,385 · American Community Bk & Tr
Oct 15, 2007
$412,500
Southgate Properties LLC
Jad&w LLC
Warranty Deed
$307,500 · American Community Bank
Feb 11, 1998
$350,000
East Thomas Development Corp
—
Grant Deed
related
—
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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