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    Property profile & analytics

    9870 Rea Rd Charlotte, NC 28277-6655

    • Outlet malls
    • 123,814 SF
    • 10.62 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US53-0480149
    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

    • Target / Toy Store / Electronics Store
    • Pazza Bella Salon / Beauty Salon
    • Pizza Hut Express / Pizza Restaurant / Pizza Takeout
    • CVS Pharmacy / Pharmacy
    • Starbucks / Coffee Shop / Cafe

    Property Details for 9870 Rea Rd

    Year built
    2005
    Lot size
    10.62 lot acres
    Property size
    123,814 SF
    Zone code
    CC
    Property type
    Outlet malls
    APN
    22908174
    APU
    22908174

    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
    -80.808
    Latitude
    35.0375
    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
    $85,875
    $7,578,900
    $4,128,600
    $11,707,500
    -
    $7,578,900
    $4,128,600
    $11,707,500

    Comparable in this City

    • Value Estimation by Request
      109,914 SF

      5415 Ballantyne Cmns Pkwy

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    • Value Estimation by Request
      120,738 SF

      5310 Ballantyne Cmns Pkwy

      WHOLESALE OUTLET, DISCOUNT STORE • 120,738 SF
      5310 Ballantyne Cmns Pkwy, Charlotte, NC 28277-0525
      View Details
    • Value Estimation by Request
      126,983 SF

      7860 Rea Rd

      WHOLESALE OUTLET, DISCOUNT STORE • 126,983 SF
      7860 Rea Rd, Charlotte, NC 28277-6502
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    • Value Estimation by Request
      6,210 SF

      16011 Lancaster Hwy

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      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
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    • 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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    Similar Nearby for Lease

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    Property Visit Statistics

    • Visits by month
      7.9k
    • Visitors by month
      6.9k
    • Avg Time on site
      34 min
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    Charlotte, NC 28277-6655
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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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