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Property profile & analytics
OFF-MARKET
Estimated value
$13,585,000
Warehouses
8227 Fairview Rd Charlotte, NC 28227
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US53-1147639
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Total area
78,372 SF
Lot
14.95 ac (651,091 SF)
Zoning code
IGCUD
APN
13901111
UPID
US53-1147639
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
$10.75M
CAP Approach
CAP
$10.28M
Comparable Approach
Comparable
$11.59M
Blend (final)
Blend
$13.59M
Owner & transaction history
8235fr LLC · 4 yrs held
8235fr LLC
since 2021
Last sale
$15.4M
3 recorded transactions
Zoning & alternative use
IGCUD · 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
$18,085,000
ML approach
$10,745,000
CAP Approach
CAP Return
Estimation
6%
$11,140,000
6.5%
$10,280,000
7%
$9,550,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$10,605,000
Current use
Blend value · Realmo final
$13.59M
Range $12.23M – $14.94M · ±10% · vs last sale $15.40M (Dec 30 2021)
Last sale anchor
$15.40M
Dec 30 2021
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
$69,471
Tax year 2023
Assessed value
$9,951,400
Assessed 2024
Previous assessed
$9,951,400
+0.0% YoY
Effective rate
0.70%
On assessed value
Assessed land
$1,714,700
Assessed improvement
$8,236,700
Land market value
$1,714,700
Improvement market value
$8,236,700
Total market value
$9,951,400
Applied tax rate
17.0000
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
1988
Heating
YES
Buildings
20
Stories
1
Units
1
Total area
78,372 SF
Lot
14.95 ac (651,091 SF)
Zoning code
IGCUD
APN
13901111
UPID
US53-1147639
Jurisdiction
MECKLENBURG
Zoning & alternative use
IGCUD · Charlotte, NCZoning IGCUD · permitted uses
IGCUD · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$10.6M
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
1988
Heating
YES
Stories
1
Buildings
20
Units
1
Lot
14.95 ac
Current owner
From public records · entity-resolved
8235fr LLC
Entity
Mailing address
130 DUTCHMAN BLVD, IRMO, SC 29063-8330
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 30, 2021
$15,400,000
8235fr LLC
Allison M Danielsen
Special Warranty Deed
$16,300,000 · Townebank
Dec 30, 2021
—
8235fr LLC
Allison M Danielsen
Quit Claim Deed
related
—
Sep 7, 2021
—
Allison M Danielsen
Mcwhirter Family LLC
Special Warranty 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.
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