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    Property profile & analytics

    902 Lakeview Ave Davidson, NC 28036-6025

    • Garden apartment buildings
    • 7,980 SF
    • 4.18 lot acres
    OFF-MARKET
    Value Estimation
    $11,640,000
    Last Sale
    Oct 06, 2023
    $11,300,000
    Location Intelligence
    Property ID
    US53-0810961
    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

    • Garden apartment buildings

    Property Details for 902 Lakeview Ave

    Year built
    1978
    Lot size
    4.18 lot acres
    Property size
    7,980 SF
    Zone code
    LPA
    Property type
    Garden apartment buildings
    APN
    327116
    APU
    327116

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,850,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,335,000
      6.5%
      $11,285,000
      7%
      $11,555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $10,645,000
      Geo Method
      $11,850,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,580,000
      Retail
      $11,725,000
      Mixed-Use
      $10,980,000
      Hospitality
      $11,955,000
      Educational
      $12,420,000
      Residential Income
      $10,010,000
      Energy
      $9,245,000
      Income-Based Land
      $10,205,000
      Food Service
      $11,880,000

    Location Insight

    • Map
    • Local Demand
    City
    Davidson
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8543
    Latitude
    35.5066
    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
    $67,786
    $2,192,400
    $6,979,000
    $9,171,400
    -
    $2,192,400
    $6,979,000
    $9,171,400

    Comparable in this City

    • Value Estimation
      $935,000
      10,298 SF

      Davidson, NC 28036

      GARDEN APT, COURT APT (5+ UNITS) • 10,298 SF
      Davidson, NC 28036
      View Details
    • Value Estimation by Request
      158,502 SF

      605 Jetton St

      GARDEN APT, COURT APT (5+ UNITS) • 158,502 SF
      605 Jetton St, Davidson, NC 28036-9335
      View Details
    • Value Estimation by Request
      12,412 SF

      104 Knox Ct

      GARDEN APT, COURT APT (5+ UNITS) • 12,412 SF
      104 Knox Ct, Davidson, NC 28036-0590
      View Details
    • Value Estimation
      $390,000
      2,864 SF

      426 Jetton St

      GARDEN APT, COURT APT (5+ UNITS) • 2,864 SF
      426 Jetton St, Davidson, NC 28036-9328
      View Details
    • Value Estimation by Request
      5,010 SF

      320 Jetton St

      GARDEN APT, COURT APT (5+ UNITS) • 5,010 SF
      320 Jetton St, Davidson, NC 28036-6306
      View Details
    • Value Estimation
      $430,000
      3,888 SF

      220 Sloan St

      GARDEN APT, COURT APT (5+ UNITS) • 3,888 SF
      220 Sloan St, Davidson, NC 28036
      View Details

    Similar Nearby for Sale

    • $449,900
      1,228 SF

      Remodeled Condo with Elevator Access

      Remodeled 2-bedroom condo with elevator access in downtown Davidson.
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      Rare lakefront condo with stunning views and new upgrades.
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      Practically New Davidson Townhome

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    • $550,000
      0.22 Acres

      439 Main St, Davidson, NC 28036

      Commercial real estate • 0.22 Acres
      439 Main St, Davidson, NC 28036
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    • Contact for pricing

      Commercial Land Pad Opportunity

      Pad site available for ground lease or build-to-suit.
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    Similar Nearby for Lease

    • $1,795 /Mo

      Waterfront Condo with Community Amenities

      Two-bedroom, two-bath condo in Davidson Landing with lake views.
      1329 Torrence Cir, Davidson, NC 28036
      View Details
    • Contact for pricing
      34,250 SF

      Class A Office Space Available

      Class A office space for lease or purchase in Davidson.
      635 Davidson Gateway Dr, Davidson, NC 28036
      View Details
    • $40 SF/Yr
      450 SF

      Furnished Office Space in Davidson

      Furnished office space near restaurants, shopping, and downtown.
      630 Davidson Gateway Dr, Davidson, NC 28036
      View Details
    • $13,800 /Mo
      2,000 SF

      Davidson Gateway Office Suite

      2,000 sq ft Coworking Space in Davidson, NC
      575 Davidson Gateway Dr, Davidson, NC 28036
      View Details
    • $28 SF/Yr
      6,677 SF

      Main Street Office Space Available

      Office space for rent in Davidson, North Carolina.
      445 S Main St, Davidson, NC 28036
      View Details
    • $31 SF/Yr
      853 SF

      Davidson Office Space For Rent

      Office space available for lease in Davidson, North Carolina.
      200 N Harbor Place Dr, Davidson, NC 28036
      View Details
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    902 Lakeview Ave
    Davidson, NC 28036-6025
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    Realmo Value Estimation

    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.

    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.

    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
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