New search
Property profile & analytics
OFF-MARKET
Estimated value
$820,000
Specialty properties
940 Marsh Rd, Charlotte, NC 28209-4052
Individually Owned
3-yr Hold
Free & Clear
Property ID
US53-1923938
Property profile
Verified
Property type
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Year built
1991
Total area
22,547 SF
Lot
5.7 ac (248,423 SF)
Zoning code
UR-1(CD)
APN
14913218
UPID
US53-1923938
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
Current use
Occupant on record · Public records
-
Boys & Girls Club Child Welfare Organization Charitable Organization
-
SALVATION ARMY CLUB Child Welfare Organization Foster Care Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$820k
Owner & transaction history
Shannon Davis · 3 yrs held
Shannon Davis
since 2022
Last sale
$8,000
7 recorded transactions
Zoning & alternative use
UR-1(CD) · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$36 / 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
$47,513
Tax year 2023
Assessed value
$6,477,600
Assessed 2024
Effective rate
0.73%
On assessed value
Assessed land
$4,539,900
Assessed improvement
$1,937,700
Land market value
$4,539,900
Improvement market value
$1,937,700
Total market value
$6,477,600
Applied tax rate
8.0000
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
Specialty properties
Use group
PROFESSIONAL CLUBS/ASSOCIATIONS
Status
Off-Market
Year built
1991
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
10
Total area
22,547 SF
Lot
5.7 ac (248,423 SF)
Zoning code
UR-1(CD)
APN
14913218
UPID
US53-1923938
Jurisdiction
MECKLENBURG
Zoning & alternative use
UR-1(CD) · Charlotte, NC
Zoning UR-1(CD) · permitted uses
UR-1(CD) · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Charlotte. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
10
Lot
5.7 ac
Current owner
From public records · entity-resolved
Shannon Davis
Individual
Free & Clear · 3 yrs held
Mailing address
501 ARCHDALE DR, CHARLOTTE, NC 28217-4216
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 2, 2022
—
Shannon Davis
Shannon Davis
Intrafamily Transfer
related
—
Oct 31, 2022
$8,000
Michael Kormelink
The Salvation Army
Warranty Deed
—
Oct 31, 2022
—
Michael Kormelink
Michael Kormelink
Intrafamily Transfer
related
—
Oct 28, 2022
$7,000
Shannon Davis
The Salvation Army
Warranty Deed
—
Aug 22, 2022
$10,000
Matthew F Kennedy
The Salvation Army
Warranty Deed
—
Aug 22, 2022
—
Matthew F Kennedy
Matthew F Kennedy
Intrafamily Transfer
related
—
Oct 13, 2011
—
Salvation Army
Salvation Army
Quit Claim 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 940 Marsh Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
