New search
Property profile & analytics
OFF-MARKET
Estimated value
$3,075,000
Bars & Pubs
300 College St Charlotte, NC 28202-2197
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US53-1448533
Property profile
Verified
Property type
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Year built
1936
Total area
32,597 SF
Lot
0.95 ac (41,558 SF)
Zoning code
UMUD
APN
8002402
UPID
US53-1448533
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
-
QC Social Lounge Nightclub DJ & Entertainment
-
Jimmy John's Take-out & Catering
-
Bus stop Park
-
The Hive Nightclub DJ & Entertainment
-
Sabor Latin Street Grill Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.08M
Owner & transaction history
300 N College Station LLC · 6 yrs held
300 N College Station LLC
since 2019
7 recorded transactions
Zoning & alternative use
UMUD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.7M
+5.5%
Industrial (general)
$3.6M
+4.5%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NIGHTCLUB (COCKTAIL LOUNGE)
$3,465,000
Current use
RESTAURANT
$3,655,000
Change: +6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$3,615,000
Change: +4% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,810,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$3.08M
Range $2.77M – $3.38M · ±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
$94 / 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
$104,027
Tax year 2023
Assessed value
$14,182,300
Assessed 2024
Previous assessed
$14,182,300
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$10,686,100
Assessed improvement
$3,496,200
Land market value
$10,686,100
Improvement market value
$3,496,200
Total market value
$14,182,300
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
Bars & Pubs
Use group
NIGHTCLUB (COCKTAIL LOUNGE)
Status
Off-Market
Year built
1936
Heating
FORCED AIR
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Rooms
1
Total area
32,597 SF
Lot
0.95 ac (41,558 SF)
Zoning code
UMUD
APN
8002402
UPID
US53-1448533
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.
Alternative use value scenarios
Repositioning upside vs current use
NIGHTCLUB (COCKTAIL LOUNGE) Current
Est. value
$3.5M
RESTAURANT
Est. value
$3.7M
INDUSTRIAL (GENERAL)
Est. value
$3.6M
AUTO REPAIR, GARAGE
Est. value
$2.8M
NIGHTCLUB (COCKTAIL LOUNGE) Current
RESTAURANT
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1936
Heating
FORCED AIR
Cooling
Yes
Stories
1
Buildings
2
Units
1
Rooms
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
300 N College Station LLC
Entity
Mailing address
500 W 2ND ST, AUSTIN, TX 78701-4673
Ownership since
2019
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
Nov 27, 2024
—
300 N College Station LLC
—
Deed
related
$10,600,000 · Barclays Capital Real Estate INC
Nov 22, 2019
$15,750,000
300 N College Station LLC
300 North College LLC
Special Warranty Deed
—
Nov 22, 2019
—
300 N College Station LLC
300 North College LLC
Quit Claim Deed
related
—
Apr 5, 2019
—
300 North College LLC
—
Deed
related
$194,100 · Pinnacle Bk
May 1, 2017
—
300 North College LLC
—
Loan Modification
related
$7,468,522 · Bank Of Nc
Jan 25, 2016
—
300 North College LLC
Yeorgoulias,george & Elizabeth
Grant Deed
$5,000,000 · Bank Of Nc
Jan 25, 2016
$9,350,000
300 North College LLC
Yeorgoulias,george & Elizabeth
Warranty Deed
—
May 15, 1997
$1,375,000
Ceres Properties LLC
—
Grant Deed
related
$1,170,000 · First Charter Bank
Sep 5, 1995
—
Ceres Properties LLC
—
Deed Of Trust
related
$850,000 · Lincoln Bank Of North Caro
—
—
300 North College LLC
—
Deed Of Trust
related
$194,100 · Pinnacle Bk
—
—
Ceres Properties LLC
—
Deed Of Trust
related
$156,179 · First Citizens 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 300 College St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
