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Property profile & analytics
FOR LEASE
Office buildings
10100 Park Cedar Dr, Charlotte, NC 28210
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0179074
For Lease
1 / 3
$7,800,000
10100 Park Cedar Dr, Charlotte, NC 28210
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1986
Total area
51,982 SF
Lot
5.74 ac (250,165 SF)
Zoning code
B-4
APN
22119216
UPID
US53-0179074
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
Current use
Occupant on record · Public records
-
Historical Folk Toys Big Box & Wholesale Store
-
Fiber Services, Inc. Carpet Cleaning Service Upholstery Cleaning Service
-
AlphaGraphics CLT (Bike/Boat/Book/etc) Store Printing Service
-
Drafting & Design Architect Design
-
Brookwood Home Building Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.80M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.09M
Blend (final)
Blend
$7.80M
Owner & transaction history
Mava Park Cedar LLC · 2 yrs held
Mava Park Cedar LLC
since 2024
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
B-4 · 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
$7,800,000
ML approach
$7,800,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.80M
Range $7.02M – $8.58M · ±10% · vs last sale $7.80M (Jun 5 2024)
Last sale anchor
$7.80M
Jun 5 2024
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
$150 / 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
$45,021
Tax year 2023
Assessed value
$5,938,600
Assessed 2024
Previous assessed
$5,938,600
+0.0% YoY
Effective rate
0.76%
On assessed value
Assessed land
$2,492,300
Assessed improvement
$3,446,300
Land market value
$2,492,300
Improvement market value
$3,446,300
Total market value
$5,938,600
Applied tax rate
21.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1986
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Rooms
81
Total area
51,982 SF
Lot
5.74 ac (250,165 SF)
Zoning code
B-4
APN
22119216
UPID
US53-0179074
Jurisdiction
MECKLENBURG
Zoning & alternative use
B-4 · Charlotte, NC
Zoning B-4 · permitted uses
B-4 · 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
1986
Heating
FORCED AIR
Cooling
Yes
Stories
1
Rooms
81
Lot
5.74 ac
Current owner
From public records · entity-resolved
Mava Park Cedar LLC
Entity
Mailing address
219 EDGERSTOUNE RD, PRINCETON, NJ 08540-6717
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
18 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 5, 2024
$7,800,000
Mava Park Cedar LLC
Park Cedar Associates LP
Special Warranty Deed
$56,000,000 · Gaf Group Limited
Aug 1, 1997
—
Teleo/jordan Executive
—
Deed Of Trust
related
$13,750 · Clt Development
Jul 25, 1997
—
Jordan Teleo Executive
—
Deed Of Trust
related
$14,250 · Nationsbank
Jul 23, 1997
—
Park Cedar Associates Limited
—
Deed Of Trust
related
$2,650,000 · Wachovia Bank NA
Jul 17, 1997
—
Brookwood Home Builders
—
Deed Of Trust
related
$70,091 · Southtrust Bank NA
Jun 23, 1997
—
Brookwood Home Builders
—
Deed Of Trust
related
$170,900 · Nationsbank
Jun 16, 1997
—
Jordan Teleo Executive
—
Deed Of Trust
related
$388,000 · Carolina Blds
Jun 9, 1997
—
Brookwood Home Builders
—
Deed Of Trust
related
$269,000 · Nationsbank
May 7, 1997
—
Brookwood Home Builders
—
Deed Of Trust
related
$86,360 · Southtrust Bank NA
May 5, 1997
—
Jordan Teleo Executive
—
Deed Of Trust
related
$300,000 · Carolina Blds
May 2, 1997
—
Gordon Builders
—
Deed Of Trust
related
$340,000 · Wachovia Mortgage Co
Feb 13, 1997
—
Jordan Teleo Executive
—
Deed Of Trust
related
$176,250 · Home Federal S&l Association
Jan 8, 1997
—
Brookwood Home Builders
—
Deed Of Trust
related
$95,882 · Southtrust Bank NA
Dec 12, 1996
—
Squires Enterprises
—
Deed Of Trust
related
$951,300 · Southtrust Bank NA
Oct 31, 1996
—
Jordan Teleo Executive
—
Deed Of Trust
related
$14,000 · Clt Development
Sep 12, 1996
—
Jordan Teleo Executive
—
Deed Of Trust
related
$1,925,000 · Nationsbank
Aug 25, 1995
—
Jordan Homes Incorporated
—
Deed Of Trust
related
$262,400 · Nationsbank
—
—
Brookwood Home Builders INC
—
Deed Of Trust
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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