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Property profile & analytics
OFF-MARKET
Office Spaces
718 Trade St 2A Charlotte, NC 28202-1339
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US53-0103111
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
2000
Total area
762 SF
Lot
0.74 ac (32,195 SF)
Zoning code
UMUD
APN
7812226
UPID
US53-0103111
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
-
Great Wok Restaurant
-
Gateway Plaza COA Condominium Complex
-
Matt Moorcones of Keller Williams SouthPark - Realtor Real Estate Agency
-
My Home Leasing Real Estate Agency
-
Subway Take-out & Catering
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
Uma Properties LLC · 1 yrs held
Uma Properties LLC
since 2025
Last sale
$400,000
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
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
$2,445
Tax year 2023
Assessed value
$333,400
Assessed 2024
Previous assessed
$333,400
+0.0% YoY
Effective rate
0.73%
On assessed value
Assessed improvement
$333,400
Improvement market value
$333,400
Total market value
$333,400
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 Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
2000
Heating
FORCED AIR
Cooling
CENTRAL
Stories
1
Units
1
Total area
762 SF
Lot
0.74 ac (32,195 SF)
Zoning code
UMUD
APN
7812226
UPID
US53-0103111
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
2000
Heating
FORCED AIR
Cooling
Yes
Stories
1
Units
1
Lot
0.74 ac
Current owner
From public records · entity-resolved
Uma Properties LLC
Entity
Mailing address
16800 TULLOCH RD, CHARLOTTE, NC 28278-8907
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 7, 2025
$400,000
Uma Properties LLC
Coast To Coast Investment Propertie
Special Warranty Deed
$225,000 · Coast To Coast Investment Prop LLC
Jan 17, 2018
$387,500
Coast To Coast Investment Propertie
Ss II Safe LLC
Special Warranty Deed
$360,000 · Peoples Bank
Apr 14, 2011
$293,000
Ss It Safe LLC
Vickers Realty INC
Warranty Deed
$220,000 · Bank Of North Carolina
Dec 29, 2005
$1,000,000
Vickers Realty INC
Boulevard Props/718 West Trade
Grant Deed
—
—
—
Vickers Realty INC
—
Deed Of Trust
related
$333,131 · Constance S Vickers
—
—
Ss It Safe LLC
—
Deed Of Trust
related
$50,000 · Bank Of North Carolina
—
—
Vickers Realty INC
—
Deed Of Trust
related
$220,871 · Vickers John H Family Tr (pt)
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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