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Property profile & analytics
OFF-MARKET
Estimated value
$3,650,000
Hotels
201 Trade St, Charlotte, NC 28202-1622
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-3867775
Property profile
Verified
Property type
Hotels
Use group
HOTEL
Year built
2018
Total area
116,495 SF
Lot
0.59 ac (25,564 SF)
APN
7301210
UPID
US53-3867775
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
-
Estate Plaster Inc. Hardware & Home Improvement Interior Design
-
The Lobby Lounge Restaurant
-
K Lounge Bar & Pub
-
Mico Restaurant Restaurant
-
Starbucks In Grand Bohemian Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.65M
Owner & transaction history
Grand Bohemian Charlotte LLC · 8 yrs held
Grand Bohemian Charlotte LLC
since 2018
2 recorded transactions
Zoning & alternative use
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
$31 / 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
$348,579
Tax year 2023
Assessed value
$47,522,700
Assessed 2024
Previous assessed
$47,522,700
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$5,943,900
Assessed improvement
$41,578,800
Land market value
$5,943,900
Improvement market value
$41,578,800
Total market value
$47,522,700
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
Hotels
Use group
HOTEL
Status
Off-Market
Year built
2018
Heating
NONE
Cooling
YES
Buildings
3
Stories
3
Total area
116,495 SF
Lot
0.59 ac (25,564 SF)
APN
7301210
UPID
US53-3867775
Jurisdiction
MECKLENBURG
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2018
Heating
NONE
Cooling
Yes
Stories
3
Buildings
3
Lot
0.59 ac
Current owner
From public records · entity-resolved
Grand Bohemian Charlotte LLC
Entity
Free & Clear · 8 yrs held
Mailing address
4901 VINELAND RD STE #650, ORLANDO, FL 32811-7195
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 23, 2018
—
Grand Bohemian Charlotte LLC
—
Grant Deed
related
$62,000,000 · Bmo Harris Bk NA
Feb 27, 2018
—
Grand Bohemian Charlotte LLC
Kessler Trade Street LLC
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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