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Financial
Distress signals
Property profile

401 Tryon St Charlotte, NC 28202

OFF-MARKET
Parking lots & garages
Property ID
US53-0611764
471,361 SF 3.43 ac lot Built 1996
Last sale Oct 2007 · $70,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 18-yr Hold Held for 18 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A retail space of 3,235 square feet located at 401 N. Tryon Street in Charlotte’s Central Business District. The property includes outdoor patio areas with exposure to North Tryon Street as well as the building courtyard. It is positioned near the LYNX Blue Line for public transportation access and is within walking distance of nearby cultural and entertainment destinations, including Discovery Place, Spirit Square, and The Blumenthal Theatre. The site is part of a mixed-use building with office space above that is served by a workforce located in the upper-level offices.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$911k
Tax billed · 2023
Assessed value · 2024$124.27M
Assessed land$32.89M
Assessed improvement$91.38M
Effective rate0.73%

Value estimate

· Oct 2026
$3.62M
$3.26M – $3.98M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$560/SF
Submarket average, outlier-cleaned · 23 recorded sales of this use type
Observed band · Q1–Q3$32 – $937

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
UMUD
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.5
Veterinary Clinic8.3
Laundromat8.3

Location

401 Tryon St Charlotte, NC 28202-2140
County assessor Recorded deeds · 1 transfer Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
720 Church, Charlotte, NC 28202-1880 $110,000,000 Aug 2025 1,004,005 SF
355 Martin Luther King, Charlotte, NC 28202-1975 $165,000,000 May 2022 69,981 SF
132 Trade, Charlotte, NC 28202-2131 $271,500,000 Aug 2021 156,276 SF
Charlotte, NC 28202 $390,000,000 Jul 2021 766,567 SF
115 Church, Charlotte, NC 28202 $2,000,000 Dec 2019 68,120 SF
Charlotte, NC 28202 $171,000,000 Oct 2019 341,818 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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