Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8401 Sharon Lks Rd Charlotte, NC 28210-7488

    • Warehouses
    • 45,791 SF
    • 7.47 lot acres
    OFF-MARKET
    Value Estimations
    $4,035,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-0139045
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Warehouses

    Property Details for 8401 Sharon Lks Rd

    Year built
    1974
    Lot size
    7.47 lot acres
    Property size
    45,791 SF
    Zone code
    B2CD
    Property type
    Warehouses
    APN
    17332512
    APU
    17332512

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,182,000
      Market price range: $3.62M - $9.30M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $6,195,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8683
    Latitude
    35.12
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $26,619
    $3,028,900
    $600,100
    $3,629,000
    -
    $3,028,900
    $600,100
    $3,629,000

    Comparable in this City

    • Value Estimation
      $7,755,000
      84,653 SF

      1400 Sharon W Rd

      MINI-WAREHOUSE, STORAGE • 84,653 SF
      1400 Sharon W Rd, Charlotte, NC 28210-5699
      View Details
    • Value Estimation by Request
      2,384 SF

      5315 Sharon Rd

      WAREHOUSE, STORAGE • 2,384 SF
      5315 Sharon Rd, Charlotte, NC 28210
      View Details
    • Value Estimation
      $9,655,000
      87,100 SF

      10621 Park Rd

      MINI-WAREHOUSE, STORAGE • 87,100 SF
      10621 Park Rd, Charlotte, NC 28210-8408
      View Details
    • Value Estimation
      $8,975,000
      86,685 SF

      10111 Park Rd

      MINI-WAREHOUSE, STORAGE • 86,685 SF
      10111 Park Rd, Charlotte, NC 28210-7826
      View Details
    • Value Estimation
      $4,830,000
      39,187 SF

      3700 Gleneagles Rd

      WAREHOUSE, STORAGE • 39,187 SF
      3700 Gleneagles Rd, Charlotte, NC 28210-4937
      View Details
    • Value Estimation by Request
      480 SF

      6950 Fairview Rd

      WAREHOUSE, STORAGE • 480 SF
      6950 Fairview Rd, Charlotte, NC 28210
      View Details

    Similar Nearby for Sale

    • $1,599,000
      0.20 Acres

      New Townhome Portfolio in Charlotte

      Four new townhomes in South Charlotte near Blue Line.
      8927 Sharonbrook Dr, Charlotte, NC 28210
      View Details
    • Contact for pricing
      2,564 SF

      SouthPark Office Condo For Sale

      Office condo in SouthPark, walking distance to Phillips Place & SouthPark Mall.
      6805 Fairview Rd, Charlotte, NC 28210
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,752 SF

      Warehouse Space with Drive-In Access

      Lease opportunity: warehouse with drive-in access, 3102 square feet.
      10100 Park Cedar Dr, Charlotte, NC 28210
      View Details
    • Contact for pricing

      Southpark Fairview

      Discover many ways to work your way in Southpark Fairview
      5960 Fairview Rd, Charlotte, NC 28210
      View Details
    • Contact for pricing

      Piedmont Southpark

      Discover many ways to work your way in Piedmont Southpark
      6201 Fairview Rd, Charlotte, NC 28210
      View Details
    • Contact for pricing

      SouthPark

      Discover many ways to work your way in SouthPark
      6000 Fairview Rd Southpark Towers, Charlotte, NC 28210
      View Details
    • Contact for pricing

      Retail Space Near Medical Campus

      Retail space adjacent to redeveloped project and medical campus.
      10703 Park Rd, Charlotte, NC 28210
      View Details
    • Contact for pricing
      2,839 SF

      Southpark Office Space Available

      Multi-tenant office space in the heart of Southpark.
      5950 Fairview Rd, Charlotte, NC 28210
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    8401 Sharon Lks Rd
    Charlotte, NC 28210-7488
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!