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Financial
Distress signals
Property profile

129 W Trade St Charlotte, NC 28202

FOR LEASE
Office buildings
Property ID
US53-5451908
189,441 SF 0.43 ac lot Built 1957
Last sale Jul 2018 · $24,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 8-yr Hold Held for 8 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

Trade West, located at 129 W Trade St in the heart of downtown Charlotte, NC, offers exceptional executive office space within a 15-story, Class A building. This 153,514 square foot property, built in 1957, boasts a prime location across from the Grand Bohemian Hotel and Starbucks, providing unparalleled access to Charlotte's vibrant retail, dining, and entertainment scene. The building features multiple tenancies, with 8 suites available, ranging from a minimum of 1,220 square feet to a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$254k
Tax billed · 2023
Assessed value · 2024$34.64M
Assessed land$5.38M
Assessed improvement$29.26M
Effective rate0.73%

Value estimate

· Oct 2026
$38.40M
$34.56M – $42.23M
CAP approach$48.01M
Submarket $/SF estimate$28.43M
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$2k
Operating expenses−$17k
NOI · 108,736.11% cap applied$39k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$585/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$328 – $806

Cap rate analysis

How does the asset earn?
108,736.11%
$39k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
UMUD
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Veterinary Clinic
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Veterinary Clinic8.4
Butcher8.3
Tanning Salon7.8

Location

129 W Trade St Charlotte, NC 28202
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
440 Church, Charlotte, NC 28202-2075 $75,750,000 Jul 2025 387,450 SF
208 Caldwell, Charlotte, NC 28202-2500 $28,136,500 Jan 2025 377,678 SF
526 Church, Charlotte, NC 28202-1802 $35,000,000 Dec 2024 383,491 SF
700 Morehead, Charlotte, NC 28202-2788 $12,000,000 Aug 2024 81,882 SF
Charlotte, NC 28202 $201,226,000 Aug 2022 391,159 SF
300 Brevard, Charlotte, NC 28202-2350 $201,000,000 Jan 2021 343,894 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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