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Property profile & analytics
OFF-MARKET
Estimated value
$11,675,000
Specialty properties
Charlotte, NC 28202
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-0873403
Property profile
Verified
Property type
Specialty properties
Use group
FUNERAL HOME
Year built
1964
Total area
1,886 SF
Lot
0.11 ac (4,956 SF)
Zoning code
MUDD-O
APN
12517407
UPID
US53-0873403
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
$10.39M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$11.68M
Owner & transaction history
Bridgewood Vlg At Charlotte LP · 5 yrs held
Bridgewood Vlg At Charlotte LP
since 2020
Last sale
$11.5M
7 recorded transactions
Zoning & alternative use
MUDD-O · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The Mixed Use Development District encourages mixed use development and its accompanying support commercial and office uses while maintaining a strong emphasis on pedestrian scale, urban development, and amenities, when the applicant might wish to file an innovative urban rezoning petition which addresses new development concepts, innovative design, special…
Zone name
Mixed Use Development Optional
General category
MIXED_USE
Zone area
2,464.30 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
Method
Estimation
Statistic approach
$13,315,000
ML approach
$10,385,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$11.68M
Range $10.51M – $12.84M · ±10% · vs last sale $11.50M (Oct 30 2020)
Last sale anchor
$11.50M
Oct 30 2020
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
$6,190 / 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
$6,118
Tax year 2023
Assessed value
$834,100
Assessed 2024
Previous assessed
$834,100
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$834,100
Land market value
$834,100
Total market value
$834,100
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
Specialty properties
Use group
FUNERAL HOME
Status
Off-Market
Year built
1964
Heating
NONE
Stories
1
Rooms
1
Total area
1,886 SF
Lot
0.11 ac (4,956 SF)
Zoning code
MUDD-O
APN
12517407
UPID
US53-0873403
Jurisdiction
MECKLENBURG
Zoning & alternative use
MUDD-O · Charlotte, NCZoning MUDD-O · permitted uses
MUDD-O · Charlotte, NC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The Mixed Use Development District encourages mixed use development and its accompanying support commercial and office uses while maintaining a strong emphasis on pedestrian scale, urban development, and amenities, when the applicant might wish to file an innovative urban rezoning petition which addresses new development concepts, innovative design, special problems, public/private ventures and other unique proposals or circumstances which cannot be accommodated by the standards of MUDD
Zone name
Mixed Use Development Optional
General category
MIXED_USE
Zone area
2,464.30 ac
Source
Realmo
Building & site characteristics
From public records
Year built
1964
Heating
NONE
Stories
1
Rooms
1
Lot
0.11 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
8 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
related
—
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
—
May 4, 2009
—
Mcewen Associates LLC
Orr,victor H JR & Judith A
Grant Deed
—
Apr 17, 2009
—
Mcewen Associates LLC
Anderson Helen M Trust
Grant Deed
—
Mar 25, 2009
—
Mcdowell Susan H Living Trust
Mcdowell,steven E & Susan H
Quit Claim Deed
related
—
Mar 11, 2009
—
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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