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Property profile & analytics
OFF-MARKET
Estimated value
$11,075,000
Retail space
9559 Ss Blvd Charlotte, NC 28273-6901
Entity Owned
1-yr Hold
Free & Clear
Property ID
US53-5073840
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1995
Total area
646,209 SF
Lot
72.4 ac (3,153,613 SF)
Zoning code
CC
APN
20707106
UPID
US53-5073840
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
-
Bed Bath & Beyond Home Appliance Store Hardware & Home Improvement
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.08M
Owner & transaction history
Starbucks Corporation · 1 yrs held
Starbucks Corporation
since 2025
7 recorded transactions
Zoning & alternative use
CC · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The commercial center development district is hereby established in order to accommodate, in areas outside of the Uptown Charlotte expressway loop, the development of shopping centers and individual retail establishments primarily larger than 70000 sq ft of floor area
Zone name
Commercial Center
General category
COMMERCIAL
Zone area
1,676.32 ac
Source
Realmo
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
$17 / 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
$845,863
Tax year 2023
Assessed value
$115,318,800
Assessed 2024
Previous assessed
$115,318,800
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$26,668,900
Assessed improvement
$88,649,900
Land market value
$26,668,900
Improvement market value
$88,649,900
Total market value
$115,318,800
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1995
Heating
FORCED AIR
Cooling
YES
Buildings
15
Stories
1
Units
1
Rooms
1
Total area
646,209 SF
Lot
72.4 ac (3,153,613 SF)
Zoning code
CC
APN
20707106
UPID
US53-5073840
Jurisdiction
MECKLENBURG
Zoning & alternative use
CC · Charlotte, NCZoning CC · permitted uses
CC · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The commercial center development district is hereby established in order to accommodate, in areas outside of the Uptown Charlotte expressway loop, the development of shopping centers and individual retail establishments primarily larger than 70000 sq ft of floor area
Zone name
Commercial Center
General category
COMMERCIAL
Zone area
1,676.32 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1995
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
15
Units
1
Rooms
1
Lot
72.4 ac
Current owner
From public records · entity-resolved
Starbucks Corporation
Entity
Free & Clear · 1 yrs held
Mailing address
1000 REMINGTON BLVD STE #120, BOLINGBROOK, IL 60440-4708
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 26, 2025
—
Starbucks Corporation
Ddr Carolina Pavilion LP
Deed
—
Sep 4, 2024
—
Ulta Salon Cosmetics & Fragrance In
Ddr Carolina Pavilion LP
Lease
—
Aug 23, 2024
—
Cto24 Carolina LLC
Ddr Carolina Pavilion LP
Special Warranty Deed
—
Aug 23, 2024
$246,500
Cto24 Carolina LLC
Ddr Carolina Pavilion LP
Special Warranty Deed
—
Aug 14, 2024
—
Sierra Trading Post INC
Ddr Carolina Pavillion LP
Assignment Of Lease (leasehold Sale)
—
Aug 9, 2024
—
Ddr Carolina Pavilion LP
—
Deed
related
$530,000,000 · Fox Hedge Intermediate LLC
Mar 26, 2024
$4,164,000
Cl Carolina Station Nc LP
Ddr Carolina Pavilion LP
Special Warranty Deed
—
Mar 26, 2024
$1,938,500
Cl Carolina Station Nc LP
Ddr Carolina Pavilion LP
Special Warranty Deed
—
Dec 12, 2022
$325,000
Piedmont Natural Gas Company INC
Ddr Carolina Pavillon LP
Special Warranty Deed
—
Dec 28, 2012
$110,000,000
Ddr Carolina Pavilion LP
Bre Mariner Carolina Pavilion
Grant Deed
—
Dec 28, 2012
—
Ddr Carolina Pavilion LP
Bre Mariner Carolina Pavilion
Grant Deed
related
—
Dec 29, 2011
—
Bre Mariner Carolina Pavilion
Din Vastgoed N V
Limited Warranty Deed
$210,000,000 · Wells Fargo Bank NA
Sep 23, 1999
$76,900,000
Vastfoed Nv Dim
Carolina,pavilio
Grant Deed
—
Aug 16, 1994
$3,317,000
Carolina Pavilion Company
Hand,edgar Hall
Grant 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.
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