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Property profile & analytics
OFF-MARKET
Estimated value
$1,305,000
Office buildings
708 Ee Blvd Charlotte, NC 28203-5114
Entity Owned
Free & Clear
Property ID
US53-1266507
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1915
Total area
3,004 SF
Lot
0.26 ac (11,378 SF)
Zoning code
O-2
APN
12108314
UPID
US53-1266507
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
-
Houlihan Margaret M PHD Physician Medical Clinic
-
Jane C Patterson LCSW Marriage Or Relationship Counselor Counselor
-
Dilworth Psychotherapy Associates Foster Care Service Social Service Agency
-
Ketchum Professional Services
-
N Power Carolina Region IT Consulting Firm (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$946k
Blend (final)
Blend
$1.31M
Owner & transaction history
Greek Orthodox Church Holy Trinity
Greek Orthodox Church Holy Trinity
since 2025
Last sale
$1.8M
3 recorded transactions
Zoning & alternative use
O-2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.1M
+31.4%
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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,580,000
Current use
COMMERCIAL (GENERAL)
$2,075,000
Change: +31% · Conversion: Easy
RETAIL STORES
$1,515,000
Change: -4% · Conversion: Moderate
Blend value · Realmo final
$1.31M
Range $1.17M – $1.44M · ±10% · vs last sale $1.79M (May 1 2025)
Last sale anchor
$1.79M
May 1 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
$434 / 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
$10,890
Tax year 2023
Assessed value
$1,484,700
Assessed 2024
Previous assessed
$1,503,400
-1.2% YoY
Effective rate
0.73%
On assessed value
Assessed land
$1,279,000
Assessed improvement
$205,700
Land market value
$1,279,000
Improvement market value
$205,700
Total market value
$1,484,700
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
Off-Market
Year built
1915
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Units
1
Rooms
3
Bathrooms
3
Total area
3,004 SF
Lot
0.26 ac (11,378 SF)
Zoning code
O-2
APN
12108314
UPID
US53-1266507
Jurisdiction
MECKLENBURG
Zoning & alternative use
O-2 · Charlotte, NC
Zoning O-2 · permitted uses
O-2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$2.1M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING Current
COMMERCIAL (GENERAL)
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1915
Heating
FORCED AIR
Cooling
Yes
Stories
2
Units
1
Rooms
3
Bathrooms
3
Lot
0.26 ac
Current owner
From public records · entity-resolved
Greek Orthodox Church Holy Trinity
Entity
Free & Clear · 0 yrs held
Mailing address
733 PAVILION VW DR APT E404, MATTHEWS, NC 28105-9115
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 1, 2025
$1,790,000
Greek Orthodox Church Holy Trinity
Rebecca Anne Warren
Special Warranty Deed
—
Aug 1, 2025
—
Greek Orthodox Church Holy Trinity
Rebecca Anne Warren
Quitclaim Deed
related
—
Jan 15, 1998
—
Betty D Crockford
Crockford,betty
Quit Claim Deed
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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