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Property profile & analytics
OFF-MARKET
Estimated value
$13,250,000
Retail space
2027 Tryon St Charlotte, NC 28203
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US53-0948201
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2019
Total area
61,581 SF
Lot
2.39 ac (104,196 SF)
Zoning code
I2
APN
12103302
UPID
US53-0948201
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$15.86M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.25M
Owner & transaction history
Starbucks Corporation · 1 yrs held
Starbucks Corporation
since 2025
7 recorded transactions
Zoning & alternative use
I2 · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$17,185,000
6.5%
$15,860,000
7%
$14,730,000
Blend value · Realmo final
$13.25M
Range $11.93M – $14.58M · ±10%
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
$215 / 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
$164,626
Tax year 2023
Assessed value
$22,443,900
Assessed 2024
Previous assessed
$22,443,900
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$17,794,800
Assessed improvement
$4,649,100
Land market value
$17,794,800
Improvement market value
$4,649,100
Total market value
$22,443,900
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2019
Heating
YES
Cooling
YES
Buildings
2
Stories
3
Rooms
7
Total area
61,581 SF
Lot
2.39 ac (104,196 SF)
Zoning code
I2
APN
12103302
UPID
US53-0948201
Jurisdiction
MECKLENBURG
Zoning & alternative use
I2 · Charlotte, NC
Zoning I2 · permitted uses
I2 · 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
2019
Heating
YES
Cooling
Yes
Stories
3
Buildings
2
Rooms
7
Lot
2.39 ac
Current owner
From public records · entity-resolved
Starbucks Corporation
Entity
Free & Clear · 1 yrs held
Mailing address
1616 CAMDEN RD #210, CHARLOTTE, NC 28203-4925
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 21, 2025
—
Starbucks Corporation
Ap 330 340 W Tremont Ave LP
Deed
—
Sep 23, 2021
$52,650,000
Avalon Three30five LP
Rrpv Tremont Charlotte LP
Special Warranty Deed
—
Jul 7, 2021
$30,200,000
Ap 330 340 W Tremont Ave LP
Rrpv South Tryon Charlotte LP
Special Warranty Deed
—
Jun 9, 2021
—
Rrpv Tremont Charlotte LP
Rrpv South Tryon Charlotte LP
Intrafamily Transfer
related
—
Nov 1, 2018
—
Rrpv South Tryon Charlotte LP
2001 South Tryon LLC
Grant Deed
—
Nov 1, 2018
$6,500,000
Rrpv South Tryon Charlotte LP
2001 South Tryon LLC
Grant Deed
—
Jun 11, 2012
—
Tremont Intermediary LLC
Dci Properties LLC
Grant Deed
—
Jun 11, 2012
$500
Susan M Douglas
Tremont Intermediary LLC
Quit Claim Deed
related
—
Jun 11, 2012
$2,815,000
2001 South Tryon LLC
Tremont Intermediary LLC
Grant Deed
—
Jun 11, 2012
$2,743,500
330 West Tremont LLC
Tremont Intermediary LLC
Grant Deed
related
—
Sep 20, 2005
$1,300,000
Dci Properties LLC
Esco Management Partners
Warranty Deed
$1,105,000 · Rbc Centura Bank
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.
Try Rey
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