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Property profile & analytics
OFF-MARKET
Office buildings
400 Tryon St Charlotte, NC 28285-1900
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-1574425
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1974
Total area
585,859 SF
Lot
2.14 ac (93,306 SF)
Zoning code
UMUD-O
APN
7302511
UPID
US53-1574425
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
-
Athena Vu Dental Office
-
Epiq Law Firm
-
LaBella Associates, PC Engineer Civil Engineer
-
Marilee Weaver Dental Office
-
Labella Associates Parking Garage Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
400 South Tryon Property LLC · 1 yrs held
400 South Tryon Property LLC
since 2025
Last sale
$267,000
7 recorded transactions
Zoning & alternative use
UMUD-O · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$845,702
Tax year 2023
Assessed value
$115,296,800
Assessed 2024
Previous assessed
$136,415,900
-15.5% YoY
Effective rate
0.73%
On assessed value
Assessed land
$28,122,500
Assessed improvement
$87,174,300
Land market value
$28,122,500
Improvement market value
$87,174,300
Total market value
$115,296,800
Applied tax rate
8.0000
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1974
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Rooms
94
Total area
585,859 SF
Lot
2.14 ac (93,306 SF)
Zoning code
UMUD-O
APN
7302511
UPID
US53-1574425
Jurisdiction
MECKLENBURG
Zoning & alternative use
UMUD-O · Charlotte, NC
Zoning UMUD-O · permitted uses
UMUD-O · 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
1974
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Rooms
94
Lot
2.14 ac
Current owner
From public records · entity-resolved
400 South Tryon Property LLC
Entity
Mailing address
1301 AVE OF THE AMERICAS, NEW YORK, NY 10019-6022
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 29, 2025
$36,000,000
400 South Tryon Property LLC
Tryon Property Owner LP
Trust Deed
related
—
Dec 31, 2019
—
Tryon Property Owner LP
—
Deed
related
$93,522,000 · Citizens Bk NA
May 18, 2018
$267,000
Tryon Property Owner LLC
G&i Viii Tryon Owner LLC
Special Warranty Deed
—
Oct 11, 2016
—
G & I Viii Owner LLC
—
Deed
related
$72,404,435 · Th Commercial Mortgage LLC
Oct 15, 2014
$61,250,000
G & I Viii Tryon Owner LLC
400 South Tryon Street Invtrs
Grant Deed
—
Oct 20, 2003
$60,550,000
400 South Tryon St. Investos
Nc-wachovia Center LP
Grant Deed
—
Mar 22, 1996
—
Zml-wachovia Center LLC
Zml-wachovia,cen
Quit Claim Deed
related
—
—
—
Tryon Property Owner LP
—
Loan Modification
related
$93,522,000 · Citizens Bk NA
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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