Property profile

Charlotte, NC 28208

OFF-MARKET
Office buildings
Property ID
US53-1559965
6,000 SF 0.95 ac lot Built 1974
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1974
Total area 6,000 SF
Lot 0.95 ac (41,390 SF)
Zoning code B-1
APN 7324403
UPID US53-1559965

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Charlotte, NC 28208
Charlotte metro Census 4102 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.52M
Comparable Approach Comparable
$1.93M
Blend (final) Blend
$1.52M

Owner & transaction history

since 2014
7 recorded transactions
2014
$580,000
2006
$450,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

B-1 · Charlotte, NC
Top alternative use upside
Medical building $2.4M +35.1%
Retail stores $2.0M +10.9%
Neighborhood: shopping center $1.8M +0.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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