Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    800 Morehead St Charlotte, NC 28202-2706
    Back to Search
    Property profile & analytics

    800 Morehead St, Charlotte, NC 28202-2706

    View on Map
    • Parking lots & garages
    • 126,345 SF
    • 1.77 lot acres
    Off-Market
    Property ID
    US53-2000855
    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.
    Value Estimations
    $1,250,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • The Duke Endowment / Charitable Organization / Social Service Agency

    Property Details for 800 Morehead St

    Year built
    2013
    Lot size
    1.77 lot acres
    Zone code
    B1
    Property type
    Parking lots & garages
    APN
    12305310
    APU
    12305310

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 1, 2011 — Duke Endowment East Morehead 2 LLC Grant Deed —
    Sep 1, 2011 $3,109,000 Duke Endowment East Morehead 1 LLC Grant Deed —
    Dec 18, 2009 — East Morehead 2 LLC Crosland LLC Grant Deed —
    — — Mark Wisniewski — Deed Of Trust · related $100k · Bank Of America

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $1,150,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,354,000
      Market price range: $179k - $1.76M

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8456
    Latitude
    35.2143
    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
    $184,579
    $13,274,200
    $11,889,900
    $25,164,100
    -
    $13,274,200
    $11,889,900
    $25,164,100

    Comparable in this City

    • Value Estimation
      $1,450,000
      760,482 SF

      710 Trade St

      PARKING GARAGE, PARKING STRUCTURE
      710 Trade St, Charlotte, NC 28202-1354
      View Details
    • Value Estimation
      $935,000
      206,388 SF

      206 Church St

      PARKING GARAGE, PARKING STRUCTURE
      206 Church St, Charlotte, NC 28202-3211
      View Details
    • Value Estimation
      $610,000
      56,642 SF

      120 Church St

      PARKING GARAGE, PARKING STRUCTURE
      120 Church St, Charlotte, NC 28202
      View Details
    • Value Estimation
      $775,000
      188,689 SF

      100 3rd St

      PARKING GARAGE, PARKING STRUCTURE
      100 3rd St, Charlotte, NC 28202
      View Details
    • Value Estimation by Request
      48,834 SF

      601 College St

      PARKING GARAGE, PARKING STRUCTURE
      601 College St, Charlotte, NC 28202-1829
      View Details
    • Value Estimation
      $1,040,000
      397,849 SF

      415 Mint St

      PARKING GARAGE, PARKING STRUCTURE
      415 Mint St, Charlotte, NC 28202-1509
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      Downtown Office Tower with Parking

      22-story office tower with excellent parking in downtown Charlotte.
      200 S College St, Charlotte, NC 28202
      View Details
    • Contact for pricing
      4,149 SF

      Historic Retail/Office Condo in Charlotte

      Retail/office condo in historic building, Charlotte's Central Business District.
      221 S Tryon St, Charlotte, NC 28202
      View Details
    • Contact for pricing
      4,149 SF

      Historic Uptown Retail/Office Condominium

      Retail/office condominium in Charlotte's central business district.
      221 S Tryon St, Charlotte, NC 28202
      View Details
    • Contact for pricing
      29,303 SF

      Prime Redevelopment Land Opportunity

      1.10 ac urban core redevelopment site near uptown Charlotte.
      205-217 W Morehead St, Charlotte, NC 28202
      View Details
    • Contact for pricing
      3,106 SF

      Historic Charlotte Cotton Mills Office

      Premier office space in a beautifully restored historic cotton mill.
      508 W 5Th St, Charlotte, NC 28202
      View Details
    • Contact for pricing

      Uptown Charlotte Land Opportunity

      Land for sale in uptown Charlotte, zoned UMUD.
      800 N Tryon St, Charlotte, NC 28202
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      466 SF

      Retail Space with Overstreet Access

      Retail spaces with access to the Overstreet Mall network.
      132 E Trade St, Charlotte, NC 28202
      View Details
    • Contact for pricing
      3,756 SF

      Renovated Mixed-Use Building

      Renovated mixed-use building with new common areas and coffee house.
      700 E Morehead St, Charlotte, NC 28202
      View Details
    • Contact for pricing
      3,235 SF

      Prime Retail Space in Charlotte

      Retail space in Charlotte's Central Business District, near LYNX.
      401 N Tryon St, Charlotte, NC 28202
      View Details
    • Contact for pricing

      Retail/Office Suite For Lease

      Retail or office suite available for lease.
      127 Brevard Ct, Charlotte, NC 28202
      View Details
    • Contact for pricing
      10,327 SF

      Restaurant Space in Uptown Charlotte

      Second generation restaurant space available immediately in Uptown Charlotte.
      129 W Trade St, Charlotte, NC 28202
      View Details
    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.
    800 Morehead St
    Charlotte, NC 28202-2706
    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

    Thank You for Inquiry
    800 Morehead St, Charlotte, NC, 28202
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!