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Property profile & analytics
FOR LEASE
Office buildings
440 S Church St, Charlotte, NC 28202
Entity Owned
Free & Clear
Property ID
US53-5382097
For Lease
1 / 5
Contact for pricing
440 S Church St, Charlotte, NC 28202
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Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Total area
387,450 SF
Lot
5.26 ac (229,213 SF)
Zoning code
UMUD
APN
7302407
UPID
US53-5382097
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
-
HDR, Inc. Corporate Office
-
Meineke Franchise Auto Repair Shop Vehicle Inspection Center
-
Parqueadero centro de charlotte Parking Lot & Garage
-
HDR Construction Company
-
Drive N Style Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$98.20M
Comparable Approach
Comparable
$83.43M
Blend (final)
Blend
$83.28M
Owner & transaction history
Tltv 440 Church Owner LP
Tltv 440 Church Owner LP
since 2025
Last sale
$75.8M
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
by Request
CAP Approach
CAP Return
Estimation
6%
$106,380,000
6.5%
$98,195,000
7%
$91,180,000
Blend value · Realmo final
$83.28M
Range $74.95M – $91.61M · ±10% · vs last sale $75.75M (Jul 6 2025)
Last sale anchor
$75.75M
Jul 6 2025
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
$215 / 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
$745,626
Tax year 2023
Assessed value
$101,653,100
Assessed 2024
Previous assessed
$111,541,000
-8.9% YoY
Effective rate
0.73%
On assessed value
Assessed land
$10,976,800
Assessed improvement
$90,676,300
Land market value
$10,976,800
Improvement market value
$90,676,300
Total market value
$101,653,100
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
2009
Heating
NONE
Cooling
AC.PACKAGE
Stories
3
Total area
387,450 SF
Lot
5.26 ac (229,213 SF)
Zoning code
UMUD
APN
7302407
UPID
US53-5382097
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
2009
Heating
NONE
Cooling
Yes
Stories
3
Lot
5.26 ac
Current owner
From public records · entity-resolved
Tltv 440 Church Owner LP
Entity
Free & Clear · 0 yrs held
Mailing address
15 WATTS ST, NEW YORK, NY 10013-1677
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 6, 2025
$75,750,000
Tltv 440 Church Owner LP
Epic Nc LLC
Deed
—
Oct 28, 2014
$108,750,000
Epic Nc LLC
440 Church Street Venture LLC
Trustees Deed
$60,000,000 · Pnc Bk
Oct 6, 2011
$60,477,000
440 Church Street Venture LLC
440 Dev LLC
Grant Deed
—
Jun 18, 2008
—
440 South Church LLC
408 South Church Street LLC
Grant Deed
—
Jun 18, 2008
$6,948,000
440 Dev LLC
440 South Church Street LLC
Grant Deed
$60,000 · Private Lender
Jul 12, 2007
—
408 South Church St LLC
Owner,record
Grant Deed
related
—
—
—
440 Church Street Venture LLC
—
Deed Of Trust
related
$45,600,000 · Suntrust Bank 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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