Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    203 Cloudman St Charlotte, NC 28216-3825
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    203 Cloudman St Charlotte, NC 28216-3825

    View on Map
    • Office buildings
    • 2,219 SF
    • 0.35 lot acres
    Off-Market
    Property ID
    US53-2050796
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $655,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Muhammad Mosque / Mosque
    • 10,000 Fearless CERT TEAM / Charitable Organization / Social Service Agency

    Property Details for 203 Cloudman St

    Year built
    1997
    Lot size
    0.35 lot acres
    Property size
    2,219 SF
    Zone code
    R-22MF
    Property type
    Office buildings
    APN
    3904312
    APU
    3904312

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $700,000
      6.5%
      $645,000
      7%
      $600,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $470,000
      Market price range: $207k - $690k

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,005,000
      Current use
      MEDICAL BUILDING
      $895,000
      Change: -11% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.882
    Latitude
    35.2679
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,018
    $206,400
    $205,000
    $411,400
    -
    $206,400
    $205,000
    $411,400

    Comparable in this City

    • Value Estimation
      $5,535,000
      15,869 SF

      4551 Beatties Frd Rd

      OFFICE BUILDING • 15,869 SF
      4551 Beatties Frd Rd, Charlotte, NC 28216
      View Details
    • Value Estimation by Request
      252 SF

      3213 Bellaire Dr

      OFFICE BUILDING • 252 SF
      3213 Bellaire Dr, Charlotte, NC 28216
      View Details
    • Value Estimation by Request
      396 SF

      Charlotte, NC 28216

      OFFICE BUILDING • 396 SF
      Charlotte, NC 28216
      View Details
    • Value Estimation by Request
      1,500 SF

      1223 Beatties Frd Rd

      OFFICE BUILDING • 1,500 SF
      1223 Beatties Frd Rd, Charlotte, NC 28216-5040
      View Details
    • Value Estimation
      $1,540,000
      8,100 SF

      3607 Beatties Frd Rd

      OFFICE BUILDING • 8,100 SF
      3607 Beatties Frd Rd, Charlotte, NC 28216-3249
      View Details
    • Value Estimation by Request
      0.15 Acres

      1316 Beatties Frd Rd

      OFFICE BUILDING • 0.15 Acres
      1316 Beatties Frd Rd, Charlotte, NC 28216-5071
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Charlotte Retail/Medical Site For Sale

      Corner parcel ideal for QSR, retail, or medical users.
      8345 West Blvd W.T.Harris, Charlotte, NC 28216
      View Details
    • $375,000

      Commercial Space on Beatties Ford

      Commercial building suitable for office, retail, or mixed-use purposes.
      1914 Beatties Ford Rd, Charlotte, NC 28216
      View Details
    • Contact for pricing

      Cleared Lot in Established Neighborhood

      Cleared, level lot for building a dream home, convenient location.
      2307 Kennesaw Dr, Charlotte, NC 28216
      View Details
    • Contact for pricing

      Commercial Lot Near Interstate 85

      0.02-acre commercial lot with high visibility and access to I-85.
      3620 Darby Ave, Charlotte, NC 28216
      View Details
    • $79,000
      0.39 Acres

      Charlotte Land in Cul-de-Sac

      0.39-acre lot in a quiet cul-de-sac, ready to build.
      2019 C Ave, Charlotte, NC 28216
      View Details
    • $99,000
      0.64 Acres

      Residential Land in Charlotte, NC

      0.64-acre residential property in Lincoln Heights neighborhood.
      2101 Newland Rd, Charlotte, NC 28216
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Space in North Submarket

      44,687 SF office suite available 8/1/25 in Charlotte.
      9013 Perimeter Woods Dr, Charlotte, NC 28216
      View Details
    • Contact for pricing

      Perimeter Woods

      Discover many ways to work your way in Perimeter Woods
      10130 Perimeter Pkwy, Charlotte, NC 28216
      View Details
    • $24 SF/Yr
      3,230 SF

      Medical Office Space Available Now

      Medical office space available for lease in northwest Charlotte.
      6023 Beatties Ford Rd, Charlotte, NC 28216
      View Details
    • Contact for pricing
      8,300 SF

      Industrial Building on Brookshire Blvd

      Industrial building for lease with office space and gated entry.
      4425-4431 Brookshire Blvd, Charlotte, NC 28216
      View Details
    • Contact for pricing

      Office Space with Substantial Glass

      Office space available in North Submarket with substantial glass.
      9009 Perimeter Woods Dr, Charlotte, NC 28216
      View Details
    • $3,950 /Mo
      5,227 SF

      Updated Office and Warehouse Space

      Updated office and warehouse with convenient access to downtown Charlotte.
      6128 Brookshire Blvd, Charlotte, NC 28216
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    203 Cloudman St
    Charlotte, NC 28216-3825
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!