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Property profile & analytics
OFF-MARKET
Estimated value
$2,530,000
Parking lots & garages
Charlotte, NC 28202
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-0817495
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1925
Total area
429,728 SF
Lot
1.09 ac (47,306 SF)
Zoning code
MUDDO
APN
12517405
UPID
US53-0817495
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.53M
Owner & transaction history
Bridgewood Vlg At Charlotte LP · 5 yrs held
Bridgewood Vlg At Charlotte LP
since 2020
7 recorded transactions
Zoning & alternative use
MUDDO · 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
$6 / 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
$599,825
Tax year 2023
Assessed value
$81,775,700
Assessed 2024
Previous assessed
$37,305,000
+119.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$8,060,200
Assessed improvement
$73,715,500
Land market value
$8,060,200
Improvement market value
$73,715,500
Total market value
$81,775,700
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1925
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
4
Rooms
13
Total area
429,728 SF
Lot
1.09 ac (47,306 SF)
Zoning code
MUDDO
APN
12517405
UPID
US53-0817495
Jurisdiction
MECKLENBURG
Zoning & alternative use
MUDDO · Charlotte, NC
Zoning MUDDO · permitted uses
MUDDO · 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
1925
Heating
FORCED AIR
Cooling
Yes
Stories
4
Buildings
2
Rooms
13
Lot
1.09 ac
Current owner
From public records · entity-resolved
Bridgewood Vlg At Charlotte LP
Entity
Free & Clear · 5 yrs held
Mailing address
6363 WOODWAY DR STE #870, HOUSTON, TX 77057-1757
Ownership since
2020
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
Oct 30, 2020
$11,500,000
Bridgewood Vlg At Charlotte LP
Oar Properties LLC
Grant Deed
—
Oct 30, 2020
—
Brdigewood Village & Charlotte
Oar Properties LLC
Grant Deed
—
Jul 21, 2020
—
Oar Properties LLC
Victor H JR
Grant Deed
—
May 7, 2009
—
Mcdowell Of Cochrane LLC
Mcdowell Susan H Trust
Quit Claim Deed
—
Mar 25, 2009
—
Mcdowell Susan H Living Trust
Mcdowell,steven E & Susan H
Quit Claim Deed
related
—
Oct 15, 2008
—
Mcewen Associates LLC
Anderson Helen M Trust
Grant Deed
—
Sep 8, 2008
—
Anderson Helen M Living Trust
Anderson,helen M
Quit Claim Deed
related
—
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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