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Property profile & analytics
OFF-MARKET
Parking lots & garages
132 Trade St Charlotte, NC 28202-2131
Entity Owned
4-yr Hold
Free & Clear
Property ID
US53-1055117
Property profile
Verified
Property type
Parking lots & garages
Use group
PARKING GARAGE, PARKING STRUCTURE
Year built
1977
Total area
156,276 SF
Lot
2.8 ac (122,099 SF)
Zoning code
UMUD
APN
12501228
UPID
US53-1055117
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
-
MTT Resort Hotel & Motel
-
Omni Charlotte Hotel Hotel & Motel
-
BOA Plaza Retail Mall Shopping Center & Mall
-
Coin Bar Bar & Pub
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Tryon Cabosparkles LLC · 4 yrs held
Tryon Cabosparkles LLC
since 2021
Last sale
$271.5M
4 recorded transactions
Zoning & alternative use
UMUD · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$148,271
Tax year 2023
Assessed value
$20,214,200
Assessed 2024
Previous assessed
$20,214,200
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$15,236,000
Assessed improvement
$4,978,200
Land market value
$15,236,000
Improvement market value
$4,978,200
Total market value
$20,214,200
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
1977
Heating
YES
Cooling
CENTRAL
Stories
3
Units
1
Rooms
1
Total area
156,276 SF
Lot
2.8 ac (122,099 SF)
Zoning code
UMUD
APN
12501228
UPID
US53-1055117
Jurisdiction
MECKLENBURG
Zoning & alternative use
UMUD · Charlotte, NC
Zoning UMUD · permitted uses
UMUD · 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
1977
Heating
YES
Cooling
Yes
Stories
3
Units
1
Rooms
1
Lot
2.8 ac
Current owner
From public records · entity-resolved
Tryon Cabosparkles LLC
Entity
Free & Clear · 4 yrs held
Mailing address
535 MADISON AVE, NEW YORK, NY 10022-4214
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
$271,500,000
Tryon Cabosparkles LLC
101 South Tryon LP
Special Warranty Deed
—
Oct 27, 2006
$194,100,000
Harvard 101 South Behringer
Bre Of Tz Properties LLC
Grant Deed
$150,000,000 · Citigroup Global Markets Realt
Oct 16, 2006
$153,909,500
Bre/tz Properties LLC
Trizec Holdings LLC
Special Warranty Deed
—
—
—
101 South Tryon LP
—
Deed Of Trust
related
$1,500,000,000 · Wells Fargo Bk
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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