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    Property profile & analytics

    9724 Rea Rd Charlotte, NC 28277-6663

    • Strip malls
    • 54,721 SF
    • 5.09 lot acres
    OFF-MARKET
    Value Estimation
    Last Sale
    Nov 22, 2021
    $149,000,000
    Location Intelligence
    Property ID
    US53-2201031
    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

    • VIP Nails Blakeney / Nail Salon
    • My Bella Spa / Nail Salon / Waxing Hair Removal Service

    Property Details for 9724 Rea Rd

    Year built
    2005
    Lot size
    5.09 lot acres
    Property size
    54,721 SF
    Zone code
    CC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    22908169
    APU
    22908169

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8063
    Latitude
    35.0364
    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
    $79,555
    $4,151,600
    $6,694,300
    $10,845,900
    -
    $4,151,600
    $6,694,300
    $10,845,900

    Comparable in this City

    • Value Estimation by Request
      63,164 SF

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      11504 Providence Rd, Charlotte, NC 28277
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    • Value Estimation by Request
      35,401 SF

      12206 Copper Way

      SHOPPING CENTER, STRIP CENTER • 35,401 SF
      12206 Copper Way, Charlotte, NC 28277-3555
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    • Value Estimation by Request
      9,932 SF

      11914 Elm Ln

      SHOPPING CENTER, STRIP CENTER • 9,932 SF
      11914 Elm Ln, Charlotte, NC 28277-1601
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      6,210 SF

      16011 Lancaster Hwy

      SHOPPING CENTER, STRIP CENTER • 6,210 SF
      16011 Lancaster Hwy, Charlotte, NC 28277-2844
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    • Value Estimation by Request
      31,564 SF

      14027 Conlan Cir

      SHOPPING CENTER, STRIP CENTER • 31,564 SF
      14027 Conlan Cir, Charlotte, NC 28277-3478
      View Details
    • Value Estimation by Request
      121,464 SF

      7314 Waverly Walk Ave

      SHOPPING CENTER, STRIP CENTER • 121,464 SF
      7314 Waverly Walk Ave, Charlotte, NC 28277-4845
      View Details

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    Property Visit Statistics

    • Visits by month
      79.7k
    • Visitors by month
      39.7k
    • Avg Time on site
      20 min
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    9724 Rea Rd
    Charlotte, NC 28277-6663
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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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