Add Listing
    Brokers
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    The Largest CRE Database in the US with Over 1 Million Listings

    Rhea Greene, Charlotte, NC

    License ID: 260684
    Trinity Partners
    Association
    Charlotte Region Commercial Board Of Realtors

    Service Locations

    Contact details

    Phone:
    (704) 928-5211
    Office Address:
    440 S Church St Ste 800, Charlotte, NC, 28202-2075

    Performance

    Listings
    12

    Listings

    For Sale (6)

    View map
    • Contact for pricing
      568,646 SF

      Downtown Office Tower with Parking

      22-story office tower with excellent parking in downtown Charlotte.
      200 S College St, Charlotte, NC 28202
      View Details
    • Contact for pricing

      Dynamic Urban Redevelopment Opportunity

      76-acre mixed-use development with office, retail, and multifamily spaces.
      Cp North End, Charlotte, NC 28206
      View Details
    • Contact for pricing
      113,106 SF

      Class A Office Space

      Class A office space in Charlotte's Airport submarket.
      3730 Glenlake Dr, Charlotte, NC 28208
      View Details
    • Contact for pricing
      488,243 SF

      Trophy Office Tower with Amenities

      Iconic office tower in downtown Charlotte with on-site amenities.
      227 W Trade St, Charlotte, NC 28202
      View Details
    • Contact for pricing
      113,757 SF

      Class A Office Space

      Class A office space in Charlotte's Airport submarket.
      3735 Glenlake Dr, Charlotte, NC 28208
      View Details
    • Contact for pricing
      148,198 SF

      Class-A Boutique Office Building

      Class-A office building with retail, parking, balconies, and city views.
      2825 South Blvd, Charlotte, NC 28209
      View Details

    For Lease (6)

    View map
    • $50 SF/Yr
      370,000 SF

      Luxury Charlotte Office Space

      Prestigious Executive Suites, 2024 Construction
      110 East Blvd, Charlotte, NC 28203
      View Details
    • $39 SF/Yr
      488,243 SF

      Carillon Office Tower: Charlotte, NC

      Upscale Creative Office Space Available
      227 Trade St, Charlotte, NC 28202
      View Details
    • $43 SF/Yr
      891,136 SF

      Downtown Charlotte Executive Suites

      Class A Office Space, 28 Suites Available
      101 Tryon St, Charlotte, NC 28280
      View Details
    • $39 SF/Yr
      1,663 SF

      New Office Building in Charlotte

      Modern office space with abundant natural light and efficient floorplates.
      3540 Toringdon Way, Charlotte, NC 28277
      View Details
    • $43 SF/Yr
      241,055 SF

      Class A Office Building

      Four-story office building in the heart of SouthPark.
      4201 Congress St, Charlotte, NC 28209
      View Details
    • $55 SF/Yr
      370,000 SF

      Modern Office and Retail Space

      Office and retail spaces with amenities and transit access.
      110 East Blvd, Charlotte, NC 28203
      View Details

    Leases and Sales on Map

    • For Sale
    • For Lease

    Properties for sale

    View other agents
    in the same area
    Request Owner's contact information
    Rhea Greene, Charlotte, NC
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    Send Message to
    Rhea Greene, Charlotte, NC
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    (704) 928-5211
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!