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Property profile & analytics
FOR LEASE
Turn key restaurants
330 S Tryon St Charlotte, NC 28202
Entity Owned
11-yr Hold
Free & Clear
Property ID
US53-1321188
For Lease
1 / 6
$780,000
330 S Tryon St, Charlotte, NC 28202
View Listing →
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1925
Total area
15,033 SF
Lot
0.12 ac (5,105 SF)
Zoning code
UMUD
APN
8002301
UPID
US53-1321188
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
-
Famous Toastery Restaurant
-
Charlotte Regional Business Alliance Business Networking Company Non-Profit Organization
-
ENS High School Vocational School
-
Economic Development Business Service Center Advocacy Group
-
Whitehall Advisory Group Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$969k
Blend (final)
Blend
$780k
Owner & transaction history
330 North Tryon Street R & E LLC · 11 yrs held
330 North Tryon Street R & E LLC
since 2015
7 recorded transactions
Zoning & alternative use
UMUD · 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
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$780k
Range $702k – $858k · ±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
$52 / 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
$21,869
Tax year 2023
Assessed value
$2,981,500
Assessed 2024
Previous assessed
$2,981,500
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,382,400
Assessed improvement
$1,599,100
Land market value
$1,382,400
Improvement market value
$1,599,100
Total market value
$2,981,500
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
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1925
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
5
Total area
15,033 SF
Lot
0.12 ac (5,105 SF)
Zoning code
UMUD
APN
8002301
UPID
US53-1321188
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.
Building & site characteristics
From public records
Year built
1925
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
5
Lot
0.12 ac
Current owner
From public records · entity-resolved
330 North Tryon Street R & E LLC
Entity
Free & Clear · 11 yrs held
Mailing address
PO BOX 2218, CORNELIUS, NC 28031-2218
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 29, 2022
—
North Tryon Street Real Estate LLC
—
Deed
related
$10,000,000 · Putnam County Bank
Aug 17, 2018
—
330 N Tryon Street R & E LLC
—
Deed
related
$2,020,128 · Robert S Duckworth
Jan 8, 2015
—
330 North Tryon Street R & E LLC
Macpher LLC
Grant Deed
related
—
Feb 18, 2014
$1,975,000
330 North Tryon R & E LLC
Macpher LLC
Grant Deed
—
Mar 29, 1999
$875,000
Macpher,llc
Nationsbank,n A
Grant Deed
—
Mar 23, 1999
$875,000
Macpher,llc
Nationsbank,nati
Grant Deed
—
Mar 2, 1994
$1,400,000
Nationsbank Of North Carolina
Unknown
Grant Deed
—
—
—
330 North Tryon Street R & E LLC
—
Deed Of Trust
related
$2,000,000 · Walter T Hayslett
—
—
330 N Tryon Street R & E LLC
—
Deed Of Trust
related
$2,020,128 · Robert S Duckworth
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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