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Property profile & analytics
OFF-MARKET
Estimated value
$785,000
Parking lots & garages
Charlotte, NC 28208
Entity Owned
5-yr Hold
Free & Clear
Property ID
US53-0501483
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1956
Total area
60,734 SF
Lot
2.33 ac (101,669 SF)
Zoning code
I2
APN
7108203
UPID
US53-0501483
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
$1.02M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$558k
Blend (final)
Blend
$785k
Owner & transaction history
Ac 1001 Tuckaseegee Owner LP · 5 yrs held
Ac 1001 Tuckaseegee Owner LP
since 2020
7 recorded transactions
Zoning & alternative use
I2 · 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
$1,015,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$785k
Range $707k – $864k · ±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
$13 / 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
$96,088
Tax year 2023
Assessed value
$13,099,900
Assessed 2024
Previous assessed
$8,164,700
+60.4% YoY
Effective rate
0.73%
On assessed value
Assessed land
$4,863,600
Assessed improvement
$8,236,300
Land market value
$4,863,600
Improvement market value
$8,236,300
Total market value
$13,099,900
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
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Status
Off-Market
Year built
1956
Heating
YES
Cooling
YES
Buildings
2
Stories
2
Rooms
1
Total area
60,734 SF
Lot
2.33 ac (101,669 SF)
Zoning code
I2
APN
7108203
UPID
US53-0501483
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2 · Charlotte, NC
Zoning I2 · permitted uses
I2 · 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
1956
Heating
YES
Cooling
Yes
Stories
2
Buildings
2
Rooms
1
Lot
2.33 ac
Current owner
From public records · entity-resolved
Ac 1001 Tuckaseegee Owner LP
Entity
Free & Clear · 5 yrs held
Mailing address
1200 E MOREHEAD ST STE #280, CHARLOTTE, NC 28204-2872
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 10, 2020
$5,500,000
Ac 1001 Tuckaseegee Owner LP
Metrolina Prop Of Charlotte LLC
Grant Deed
—
Aug 10, 2020
—
Ac 1001 Tuckaseegee Owner LP
Metrolina Prop Of Charlotte LLC
Grant Deed
—
Nov 8, 2017
—
Metrolina Props Of Charlotte LLC
—
Deed
related
$2,422,500 · Paragon Com'l Bk
Jul 23, 2015
—
Metrolina Props Of Charlotte LLC
—
Trustees Deed
related
$2,167,961 · Paragon Com'l Bk
Dec 31, 1999
$1,200,000
Metrolina Properties Of
—
Grant Deed
related
—
Dec 29, 1999
$1,200,000
Metrolina Properties Of Ch
Independent Dist
Grant Deed
—
Sep 16, 1996
—
Distributors I Independent
Independent Dist
Quit Claim Deed
related
—
Dec 19, 1989
$940,000
Land Dev Independent
Unknown
Grant Deed
—
—
—
Metrolina Props Of Charlotte LLC
—
Deed Of Trust
related
$1,680,000 · Blueharbor Bank
—
—
Metrolina Props Of Charlotte LLC
—
Deed Of Trust
related
$1,140,000 · Rbc Centura Bank
—
—
Metrolina Props Of Charlotte LLC
—
Deed Of Trust
related
$1,222,000 · Newdominion Bank
—
—
Metrolina Props Of Charlotte LLC
—
Deed Of Trust
related
$2,422,500 · Paragon Com'l Bk
—
—
Metrolina Props Of Charlotte LLC
—
Deed Of Trust
related
$850,000 · Rbc Centura Bank
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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