Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    4026 Tryon St Charlotte, NC 28206-2065

    • Auto shops
    • 3,750 SF
    • 0.44 lot acres
    OFF-MARKET
    Value Estimations
    $310,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-1790815
    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.

    Current Use by Public Records

    • glasspumaclub / Window Tinting Service
    • Bingo Tires And Tint / Window Tinting Service / Wheel Store

    Property Details for 4026 Tryon St

    Year built
    1968
    Lot size
    0.44 lot acres
    Property size
    3,750 SF
    Zone code
    B-2
    Property type
    Auto shops
    APN
    9108112
    APU
    9108112

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $310,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $211,000
      Market price range: $109k - $407k

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7975
    Latitude
    35.2564
    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
    $3,159
    $346,600
    $84,100
    $430,700
    -
    $346,600
    $84,100
    $430,700

    Comparable in this City

    • Value Estimation
      $525,000
      10,153 SF

      1516 Statesville Ave

      AUTO REPAIR, GARAGE • 10,153 SF
      1516 Statesville Ave, Charlotte, NC 28206-3057
      View Details
    • Value Estimation
      $480,000
      10,590 SF

      116 Dalton Ave

      AUTO REPAIR, GARAGE • 10,590 SF
      116 Dalton Ave, Charlotte, NC 28206-3155
      View Details
    • Value Estimation
      $2,405,000
      6,506 SF

      525 Parkwood Ave

      AUTO REPAIR, GARAGE • 6,506 SF
      525 Parkwood Ave, Charlotte, NC 28206-3485
      View Details
    • Value Estimation
      $535,000
      22,200 SF

      1815 Starita Rd

      AUTO REPAIR, GARAGE • 22,200 SF
      1815 Starita Rd, Charlotte, NC 28206-1247
      View Details
    • Value Estimation
      $635,000
      20,908 SF

      601 24th St

      AUTO REPAIR, GARAGE • 20,908 SF
      601 24th St, Charlotte, NC 28206-2516
      View Details
    • Value Estimation
      $270,000
      5,680 SF

      116 29th St

      AUTO REPAIR, GARAGE • 5,680 SF
      116 29th St, Charlotte, NC 28206-2602
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Dynamic Urban Redevelopment Opportunity

      76-acre mixed-use development with office, retail, and multifamily spaces.
      Cp North End, Charlotte, NC 28206
      View Details
    • $5,400,000

      Prime Land in NoDa District

      Land with building in Charlotte's arts and entertainment district.
      2710 N Brevard St, Charlotte, NC 28206
      View Details
    • Contact for pricing

      Charlotte Land For Sale

      Land available in Charlotte, Mecklenburg County, totaling over 5.5 acres.
      1314 N Graham St, Charlotte, NC 28206
      View Details
    • $3,250,000

      Charlotte Office/Service Garage For Sale

      2,471 +/- sf office/service garage in Charlotte, NC.
      825 N Graham St, Charlotte, NC 28206
      View Details
    • Contact for pricing

      Land For Sale Charlotte

      Land available for sale at 1842 Starita Rd, Charlotte, NC.
      1842 Starita Rd, Charlotte, NC 28206
      View Details
    • $2,795,000
      8,872 SF

      Adaptive Reuse Opportunity in SouthEnd

      Rare opportunity for office, retail, or restaurant in Charlotte.
      2524-2526 S Tryon St, Charlotte, NC 28206
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      12,000 SF

      North End Charlotte Office Space

      12,000 SF Office Building, 7 Suites
      2729 Tryon St, Charlotte, NC 28206
      View Details
    • Contact for pricing
      11,200 SF

      North End Charlotte Office Space

      11,200 SF Office Building, Renovated 2025
      2417 Tryon St, Charlotte, NC 28206
      View Details
    • $30 SF/Yr
      19,141 SF

      The Joinery: Prime Retail Space

      Upscale Retail, Restaurant, Fitness
      1816 Brevard St, Charlotte, NC 28206
      View Details
    • Contact for pricing
      5,297 SF

      Creative Office and Retail Space

      Mixed-use development with creative office, retail, and multifamily units.
      4100 Raleigh St, Charlotte, NC 28206
      View Details
    • $12 SF/Yr
      115,977 SF

      Atando Center: Charlotte Flex Space

      Industrial flex space, 45 suites available.
      635-801 Atando Ave, Charlotte, NC 28206
      View Details
    • Contact for pricing
      12,250 SF

      Industrial Space Near Uptown Charlotte

      Industrial property with convenient access to major thoroughfares and airport.
      200 Dalton Ave, Charlotte, NC 28206
      View Details

    Property Visit Statistics

    • Visits by month
      6.0k
    • Visitors by month
      5.6k
    • Avg Time on site
      10 min
    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.
    4026 Tryon St
    Charlotte, NC 28206-2065
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.