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    Property profile & analytics

    9201 Ss Blvd Charlotte, NC 28273-6940

    • Automotive properties
    • 18,349 SF
    • 2.28 lot acres
    OFF-MARKET
    Last Sale
    Aug 28, 2023
    $7,000,000
    Value Estimations
    $7,500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-0501468
    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

    • Subaru South Boulevard Service / Auto Air Conditioning Service / Auto Electrical Service
    • ChargePoint Charging Station / Electric Vehicle Charging Station
    • Subaru South Blvd Service / Auto Air Conditioning Service / Auto Dent Removal Service

    Property Details for 9201 Ss Blvd

    Year built
    1987
    Lot size
    2.28 lot acres
    Property size
    18,349 SF
    Zone code
    R-5
    Property type
    Automotive properties
    APN
    20701110
    APU
    20701110

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $7,485,000
      ML approach
      $7,500,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $7,698,000
      Market price range: $2.79M - $8.09M

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8819
    Latitude
    35.112
    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
    $53,502
    $2,304,800
    $4,989,200
    $7,294,000
    -
    $2,304,800
    $4,989,200
    $7,294,000

    Comparable in this City

    • Value Estimation
      $735,000
      23,423 SF

      8525 Ss Blvd

      VEHICLE SALES, RENTALS • 23,423 SF
      8525 Ss Blvd, Charlotte, NC 28273-6923
      View Details
    • Value Estimation
      $1,170,000
      28,572 SF

      9900 Ss Blvd

      VEHICLE SALES, RENTALS • 28,572 SF
      9900 Ss Blvd, Charlotte, NC 28273-6912
      View Details
    • Value Estimation
      $760,000
      26,002 SF

      7301 Ss Blvd

      VEHICLE SALES, RENTALS • 26,002 SF
      7301 Ss Blvd, Charlotte, NC 28273-5905
      View Details
    • Value Estimation
      $900,000
      49,079 SF

      9101 Ss Blvd

      VEHICLE SALES, RENTALS • 49,079 SF
      9101 Ss Blvd, Charlotte, NC 28273-6938
      View Details
    • Value Estimation
      $905,000
      35,518 SF

      9215 Ss Blvd

      VEHICLE SALES, RENTALS • 35,518 SF
      9215 Ss Blvd, Charlotte, NC 28273-6940
      View Details
    • Value Estimation
      $465,000
      8,911 SF

      8415 Ss Blvd

      VEHICLE SALES, RENTALS • 8,911 SF
      8415 Ss Blvd, Charlotte, NC 28273-6921
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Charlotte Auto Shop Investment

      NNN Leased Auto Repair Center, High NOI
      8940 Tryon St, Charlotte, NC 28273
      View Details
    • $3,898,706
      81 SF

      Leased Restaurant Property Near Outlets

      Profitable investment opportunity with a desirable NNN lease term.
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    • $300,000
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      Charlotte Retail Land Investment

      1.15-acre prime retail lot, ideal location.
      10716 John Price Rd, Charlotte, NC 28273
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    • Contact for pricing
      3,863 SF

      Charlotte Retail Bank Building

      Prime 3,863 SF Bank w/ Drive-Thru
      9630 Tryon St, Charlotte, NC 28273
      View Details
    • $450,000
      1,427 SF

      Executive Office Suite, Charlotte

      1,427 SF Office Space - $450,000
      10965 Winds Crossing Dr, Charlotte, NC 28273
      View Details
    • Contact for pricing
      1.13 Acres

      Steele Creek Commercial Land

      1.134 Acres, High-Visibility Lot
      8612 Steele Creek Rd, Charlotte, NC 28273
      View Details

    Similar Nearby for Lease

    • $18 SF/Yr
      28,717 SF

      Office Space in Airport Submarket

      Office building with ample parking and signage opportunities available for lease.
      8215 Forest Point Blvd, Charlotte, NC 28273
      View Details
    • $14 SF/Yr
      46,400 SF

      Pine Brook Warehouse Space Available

      Charlotte Warehouse: 7,400 - 12,800 SF
      9201 Southern Pine Blvd, Charlotte, NC 28273
      View Details
    • $9 SF/Yr
      66,560 SF

      Charlotte Retail Space - Western Ridge Rd

      66,560 SF Retail Building - Available Now
      10240 Western Rdg Rd, Charlotte, NC 28273
      View Details
    • Contact for pricing
      3,370 SF

      Retail Space in Southwest Charlotte

      Retail space for lease in multi-use development near I-485.
      9021 Steele Creek Rd, Charlotte, NC 28273
      View Details
    • Contact for pricing
      2,800 SF

      Retail Endcaps with Patio Space

      Retail endcap spaces available, ideal for salon or restaurant.
      13224 Steele Creek Rd, Charlotte, NC 28273
      View Details
    • $35 SF/Yr
      2,838 SF

      Restaurant Space with Drive-Thru

      Second-generation restaurant space with drive-thru and high traffic.
      337 Westinghouse Blvd, Charlotte, NC 28273
      View Details
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    Charlotte, NC 28273-6940
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    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
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