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Property profile & analytics
OFF-MARKET
Estimated value
$8,200,000
Office buildings
200 College St Charlotte, NC 28202-2191
Entity Owned
1-yr Hold
~
Est. High Equity
Property ID
US53-1081028
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1988
Total area
440,772 SF
Lot
3.46 ac (150,805 SF)
Zoning code
UMUDO
APN
08001409B
UPID
US53-1081028
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
-
Grandbridge Real Estate Capital Loan Service Bank
-
The BDM Group of BB&T Scott & Stringfellow Financial Advisor
-
BB&T Center Parking Parking Lot & Garage
-
Insurance Office of America Insurance Agency
-
Aig Insurance Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.20M
Owner & transaction history
Sci Charlotte Prk LLC · 1 yrs held
Sci Charlotte Prk LLC
since 2024
Last sale
$8.2M
6 recorded transactions
Zoning & alternative use
UMUDO · 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
$8,200,000
ML approach
$8,200,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.20M
Range $7.38M – $9.02M · ±10% · vs last sale $8.20M (Dec 13 2024)
Last sale anchor
$8.20M
Dec 13 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
$19 / 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
$564,296
Tax year 2023
Assessed value
$76,931,900
Assessed 2024
Previous assessed
$91,794,400
-16.2% YoY
Effective rate
0.73%
On assessed value
Assessed improvement
$76,931,900
Improvement market value
$76,931,900
Total market value
$76,931,900
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1988
Heating
FORCED AIR
Cooling
CENTRAL
Stories
3
Units
1
Rooms
99
Total area
440,772 SF
Lot
3.46 ac (150,805 SF)
Zoning code
UMUDO
APN
08001409B
UPID
US53-1081028
Jurisdiction
MECKLENBURG
Zoning & alternative use
UMUDO · Charlotte, NC
Zoning UMUDO · permitted uses
UMUDO · 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
1988
Heating
FORCED AIR
Cooling
Yes
Stories
3
Units
1
Rooms
99
Lot
3.46 ac
Current owner
From public records · entity-resolved
Sci Charlotte Prk LLC
Entity
Mailing address
301 S COLLEGE ST STE #2810, CHARLOTTE, NC 28202-6010
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 13, 2024
$31,120,000
Sci Charlotte Prk LLC
Charlotte Transactions LLC
Special Warranty Deed
$18,660,000 · Old Second National Bank
Dec 13, 2024
$32,875,000
Charlotte Transactions LLC
Terra Funding Wake Forest LLC
Special Warranty Deed
—
Jun 18, 2024
—
Terra Funding Wake Forest LLC
Sop 200 N College Owner LP
Warranty Deed
—
Jul 20, 2018
$54,500,000
Sop 200 N College Owner LP
200 N Clg Charlotte LLC
Grant Deed
—
Mar 5, 2013
—
200 North College Charlotte LLC
Bank Of America NA
Special Warranty Deed
$35,000,000 · Morgan Stanley Mortgage Capital Hol
Apr 1, 1987
—
Crosland-erwin-merri
—
Grant Deed
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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