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Property profile & analytics
OFF-MARKET
Estimated value
$2,165,000
Commercial land
Charlotte, NC 28206
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1298792
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1983
Total area
3,904 SF
Lot
0.67 ac (29,326 SF)
Zoning code
TOD-NC
APN
8302202
UPID
US53-1298792
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
$2.37M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.88M
Blend (final)
Blend
$2.17M
Owner & transaction history
Qpc Owner LLC · 4 yrs held
Qpc Owner LLC
since 2021
Last sale
$2.1M
7 recorded transactions
Zoning & alternative use
TOD-NC · 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
$2,430,000
ML approach
$2,365,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.17M
Range $1.95M – $2.38M · ±10% · vs last sale $2.07M (Oct 29 2021)
Last sale anchor
$2.07M
Oct 29 2021
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
$555 / 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
$5,403
Tax year 2023
Assessed value
$736,600
Assessed 2024
Previous assessed
$746,100
-1.3% YoY
Effective rate
0.73%
On assessed value
Assessed land
$736,600
Land market value
$736,600
Total market value
$736,600
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1983
Heating
STEAM
Cooling
CENTRAL
Stories
1
Rooms
1
Total area
3,904 SF
Lot
0.67 ac (29,326 SF)
Zoning code
TOD-NC
APN
8302202
UPID
US53-1298792
Jurisdiction
MECKLENBURG
Zoning & alternative use
TOD-NC · Charlotte, NC
Zoning TOD-NC · permitted uses
TOD-NC · 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
1983
Heating
STEAM
Cooling
Yes
Stories
1
Rooms
1
Lot
0.67 ac
Current owner
From public records · entity-resolved
Qpc Owner LLC
Entity
Free & Clear · 4 yrs held
Mailing address
251 LITTLE FLS DR, WILMINGTON, DE 19808-1674
Ownership since
2021
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 29, 2021
$2,070,000
Qpc Owner LLC
Sams Mart LLC
Special Warranty Deed
—
Aug 26, 2020
—
Sams Mart LLC
Sams Commercial Properties LLC
Quit Claim Deed
related
—
Jun 15, 2018
—
Sams Commericial Prop LLC
Bwn Investments LLC
Grant Deed
—
Dec 31, 2012
—
Bwn Investments LLC
Otn Investments LLC
Grant Deed
—
Mar 5, 2004
—
Otn Investments INC
Sams Mart III INC
Warranty Deed
related
—
Aug 13, 2003
$300,000
Sams Mart III INC
Brinson Diesel Sales & Service
Grant Deed
$150,000 · Brinson Diesel Sales & Service
—
—
Bwn Investments LLC
—
Deed Of Trust
related
$40,000,000 · Wells Fargo Bank
—
—
Otn Investments INC
—
Deed Of Trust
related
$750,000 · Bank Of Carolinas Harrisburg
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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