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Property profile & analytics
OFF-MARKET
Estimated value
$13,820,000
Warehouses
9800 Ardrey Kell Rd, Charlotte, NC 28277-4946
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-3651272
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2017
Total area
133,155 SF
Lot
5.57 ac (242,716 SF)
Zoning code
I-1(CD)
APN
22901123
UPID
US53-3651272
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
-
SmartStop Self Storage - Charlotte Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$18.83M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.82M
Owner & transaction history
Sst IV 9800 Ardrey Kell Rd LLC · 6 yrs held
Sst IV 9800 Ardrey Kell Rd LLC
since 2019
7 recorded transactions
Zoning & alternative use
I-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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$20,395,000
6.5%
$18,825,000
7%
$17,480,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$18,020,000
Current use
Blend value · Realmo final
$13.82M
Range $12.44M – $15.20M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$104 / 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
$145,628
Tax year 2023
Assessed value
$19,853,900
Assessed 2024
Previous assessed
$20,172,800
-1.6% YoY
Effective rate
0.73%
On assessed value
Assessed land
$5,067,600
Assessed improvement
$14,786,300
Land market value
$5,067,600
Improvement market value
$14,786,300
Total market value
$19,853,900
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2017
Heating
NONE
Cooling
AC.PACKAGE
Stories
3
Total area
133,155 SF
Lot
5.57 ac (242,716 SF)
Zoning code
I-1(CD)
APN
22901123
UPID
US53-3651272
Jurisdiction
MECKLENBURG
Zoning & alternative use
I-1(CD) · Charlotte, NC
Zoning I-1(CD) · permitted uses
I-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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$18.0M
WAREHOUSE, STORAGE Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2017
Heating
NONE
Cooling
Yes
Stories
3
Lot
5.57 ac
Current owner
From public records · entity-resolved
Sst IV 9800 Ardrey Kell Rd LLC
Entity
Mailing address
10 TER RD LADERA RNCH 92694TH XX
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
—
Sst IV 9800 Ardrey Kell Rd LLC
—
Deed
related
$40,782,500 · Tcf Nat'l Bk
Apr 2, 2020
—
Sst IV 9800 Ardrey Kell Rd LLC
—
Deed
related
$31,542,500 · Tcf National Bank
Nov 8, 2019
$18,400,000
Sst IV 9800 Ardrey Kell Rd LLC
Ardrey Kell Storage LLC
Grant Deed
—
Jan 17, 2017
—
Ardrey Kell Storage LLC
—
Deed
related
$9,055,000 · Ameris Bk
Nov 3, 2016
$2,175,000
Ardrey Kell Storage LLC
Ross,claudia T
Warranty Deed
—
Feb 24, 2016
—
Taylor Of Theus Holdings INC
Ross,claudia T & Robert D
Grant Deed
related
—
May 21, 2007
$371,500
Stevens Land Dev INC
Sharpe,mary B
Warranty Deed
$428,000 · Citizens S Bk
Jan 18, 2007
—
Robert D Ross
Ross Phyllis T Trust
Quit Claim Deed
related
—
—
—
Ardrey Kell Storage LLC
—
Deed Of Trust
related
$9,055,000 · Ameris Bk
—
—
Sst IV 9800 Ardrey Kell Rd LLC
—
Loan Modification
related
$40,782,500 · Tcf Nat'l Bk
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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