Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    9140 Research Dr Charlotte, NC 28262-8544
    Back to Search
    Property profile & analytics

    9140 Research Dr, Charlotte, NC 28262-8544

    View on Map
    • Manufacturing properties
    • 38,760 SF
    • 8.79 lot acres
    Off-Market
    Last Sale Nov 18, 2022
    $4,650,000
    Property ID
    US53-1782633
    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.
    Value Estimations
    $4,775,000
    Show details
    Cap Rate Potential
    8.3%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • The Charlotte Observer / Publishing House / Newspaper & Magazine
    • Charlotte Observer / Publishing House / Newspaper & Magazine

    Property Details for 9140 Research Dr

    Year built
    1982
    Lot size
    8.79 lot acres
    Zone code
    B-D(CD)
    Property type
    Manufacturing properties
    APN
    4735101
    APU
    4735101

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Feb 1, 2024 — North State Real Estate Holding Co — Deed · related $5.5M · North State Real Estate Fin Company LLC
    Nov 18, 2022 — North State Media LLC 9140 Charlotte Mrp LLC Warranty Deed —
    Nov 18, 2022 $4,650,000 North State Media LLC 9140 Charlotte Mrp LLC Special Warranty Deed —
    Feb 3, 2021 — Mccaltchy Company LLC — Deed · related $182.1M · The Bank Of New York Mellon
    Feb 11, 2016 — 9140 Charlotte Mrp LLC Charlotte Observer Publishing Quit Claim Deed —
    Jan 8, 2014 — Charlotte Observer Publishing Dow Jones & Co INC Grant Deed —
    Jan 8, 2014 $5,000,000 Charlotte Observer Publishing Dow Jones & Co INC Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $4,795,000
      ML approach
      $5,010,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $6,595,000
      6.5%
      $6,090,000
      7%
      $5,655,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $6,520,000
      Market price range: $1.07M - $6.99M

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7599
    Latitude
    35.3214
    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
    $39,740
    $3,620,900
    $1,796,900
    $5,417,800
    -
    $3,620,900
    $1,796,900
    $5,417,800

    Comparable in this City

    • Value Estimation
      $9,625,000
      100,676 SF

      6601 Interstate 85th Service Rd

      MANUFACTURING (LIGHT)
      6601 Interstate 85th Service Rd, Charlotte, NC 28262-4973
      View Details
    • Value Estimation
      $3,190,000
      24,943 SF

      12400 Us Hwy 29

      MANUFACTURING (LIGHT)
      12400 Us Hwy 29, Charlotte, NC 28262-1504
      View Details
    • Value Estimation
      $13,415,000
      94,920 SF

      10300 Claude Freeman Dr

      MANUFACTURING (LIGHT)
      10300 Claude Freeman Dr, Charlotte, NC 28262-2339
      View Details
    • Value Estimation by Request
      6.47 Acres

      9607 Research Dr

      R&D FACILITY, LABS, PHARMA
      9607 Research Dr, Charlotte, NC 28262-8512
      View Details
    • Value Estimation by Request
      3.10 Acres

      Charlotte, NC 28262

      R&D FACILITY, LABS, PHARMA
      Charlotte, NC 28262
      View Details
    • Value Estimation
      $10,685,000
      99,381 SF

      11020 Morningstar Pl Dr

      MINI-WAREHOUSE, STORAGE
      11020 Morningstar Pl Dr, Charlotte, NC 28262-2415
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      260,000 SF

      260,000 SF Manufacturing Facility

      Manufacturing facility with 260,000 SF available for sale or lease.
      6900 Morris Estate Dr, Charlotte, NC 28262
      View Details
    • Contact for pricing
      11,000 SF

      Restaurant For Sale Charlotte

      Profitable restaurant opportunity in Charlotte, North Carolina.
      440 E Mccullough Dr, Charlotte, NC 28262
      View Details
    • Contact for pricing

      Retail, Restaurant, Entertainment Concept Space

      Adaptively reused space for retail, restaurant, and entertainment concepts.
      University City Blvd, Charlotte, NC 28262
      View Details
    • $240,000
      0.96 Acres

      Charlotte Land Near Concord Mills

      Land parcel near Concord Mills, I-485, restaurants.
      1819 Ridge Rd, Charlotte, NC 28262
      View Details
    • Contact for pricing

      Land Near University Research Park

      Land borders research park, near light rail and major routes.
      8161 Ikea Blvd, Charlotte, NC 28262
      View Details
    • Contact for pricing

      Charlotte Land Opportunity

      Land available in Charlotte, North Carolina.
      100 Heritage Pointe Rd, Charlotte, NC 28262
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      University Executive Park

      Discover many ways to work your way in University Executive Park
      301 Mccullough Dr, Charlotte, NC 28262
      View Details
    • Contact for pricing

      Charlotte Warehouse with Immediate Availability

      238,688 SF warehouse in Charlotte's University City for lease.
      7345 Ibm Dr, Charlotte, NC 28262
      View Details
    • Contact for pricing

      Office/Retail Space in University Area

      Office and retail spaces in a high-traffic University area.
      10400 Mallard Creek Rd, Charlotte, NC 28262
      View Details
    • Contact for pricing
      6,557 SF

      Office Space For Rent

      Office space available for lease in Charlotte, North Carolina.
      201 Mccullough Dr, Charlotte, NC 28262
      View Details
    • Contact for pricing

      Office Space For Rent

      Office space available for rent at 11020 David Taylor Drive.
      11020 David Taylor Dr, Charlotte, NC 28262
      View Details
    • Contact for pricing
      155,000 SF

      Charlotte Office Space for Rent

      155,000 sq ft office building in Charlotte, NC.
      8740 Research Dr, Charlotte, NC 28262
      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.
    9140 Research Dr
    Charlotte, NC 28262-8544
    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

    Thank You for Inquiry
    9140 Research Dr, Charlotte, NC, 28262
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!