Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    8146 S Tryon St Charlotte, NC 28273
    Back to Search
    Property profile & analytics

    8146 S Tryon St Charlotte, NC 28273

    View on Map
    • Turn key restaurants
    • 4,180 SF
    • 1.03 lot acres
    For Lease
    $15,210,000
    View Listing →
    Charlotte Commercial Site For Rent For Lease
    $15,210,000

    Charlotte Commercial Site For Rent

    Commercial site available for rent in Charlotte, North Carolina.

    8146 S Tryon St, Charlotte, NC 28273
    View Listing
    Property ID
    US53-1440219
    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
    $15,210,000
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • IHOP / Restaurant
    • TenderFix by Noah Schnapp / Restaurant

    Property Details for 8146 S Tryon St

    Year built
    2006
    Lot size
    1.03 lot acres
    Property size
    4,180 SF
    Zone code
    CC
    Property type
    Turn key restaurants
    APN
    20130125
    APU
    20130125

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $18,670,000
      ML approach
      $10,370,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9316
    Latitude
    35.1438
    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
    $13,717
    $1,037,500
    $832,500
    $1,870,000
    -
    $1,037,500
    $832,500
    $1,870,000

    Comparable in this City

    • Value Estimation
      $15,300,000
      5,609 SF

      8164 Tryon St

      RESTAURANT • 5,609 SF
      8164 Tryon St, Charlotte, NC 28273-3325
      View Details
    • Value Estimation by Request
      6,084 SF

      14157 Steele Crk Rd

      RESTAURANT • 6,084 SF
      14157 Steele Crk Rd, Charlotte, NC 28273-3968
      View Details
    • Value Estimation
      $2,115,000
      6,932 SF

      8140 Tryon St

      RESTAURANT • 6,932 SF
      8140 Tryon St, Charlotte, NC 28273-3325
      View Details
    • Value Estimation
      $3,135,000
      6,710 SF

      13230 Carowinds Blvd

      RESTAURANT • 6,710 SF
      13230 Carowinds Blvd, Charlotte, NC 28273-6718
      View Details
    • Value Estimation by Request
      5,431 SF

      7910 Frst Pne Dr

      RESTAURANT • 5,431 SF
      7910 Frst Pne Dr, Charlotte, NC 28273
      View Details
    • Value Estimation
      $585,000
      6,159 SF

      9807 Ss Blvd

      RESTAURANT • 6,159 SF
      9807 Ss Blvd, Charlotte, NC 28273-6904
      View Details

    Similar Nearby for Sale

    • $3,898,706

      Leased Restaurant Property Near Outlets

      Profitable investment opportunity with a desirable NNN lease term.
      4824 Berewick Town Ctr Dr, Charlotte, NC 28273
      View Details
    • Contact for pricing
      3,863 SF

      Freestanding Building with Drive-Thru

      3,863 SF building on 1.75 acres with drive-thru.
      9630 S Tryon St, Charlotte, NC 28273
      View Details
    • $540,000
      0.10 Acres

      Ayrsley Mixed-Use Landmark Property

      Exceptional mixed-use property in a dynamic Charlotte location.
      2108 Ayrsley Town Blvd, Charlotte, NC 28273
      View Details
    • Contact for pricing
      6,304 SF

      Prime Outparcel Adjacent to Pavilion

      1.09 acre outparcel with 6,304 SF improvements in Charlotte.
      9807 South Blvd, Charlotte, NC 28273
      View Details
    • Contact for pricing

      Fully Leased Automotive Center

      Single-tenant retail automotive center in Charlotte, North Carolina.
      8940 S Tryon St, Charlotte, NC 28273
      View Details
    • $8,250,000
      73,300 SF

      Charlotte Commercial Property For Sale

      73,300 sqft commercial property available in Charlotte, NC.
      10901 Carpet St, Charlotte, NC 28273
      View Details

    Similar Nearby for Lease

    • $35 SF/Yr
      2,838 SF

      Restaurant Space with Drive-Thru

      Second-generation restaurant space with drive-thru and high traffic.
      337 Westinghouse Blvd, Charlotte, NC 28273
      View Details
    • Contact for pricing
      3,863 SF

      Freestanding Building with Drive-Thru

      3,863 SF freestanding building with drive-thru on 1.75 acres.
      9630 S Tryon St, Charlotte, NC 28273
      View Details
    • Contact for pricing

      Regional Power Center Retail Space

      Dominant 834,940 SF regional center with excellent co-tenancy.
      9541 South Blvd, Charlotte, NC 28273
      View Details
    • Contact for pricing

      Prime Retail Location in Charlotte

      Highly desirable location at a signalized corner in southwest Charlotte.
      South Tryon St & Steele Crk Rd, Charlotte, NC 28273
      View Details
    • Contact for pricing
      1 SF

      Charlotte Retail Center - Forest Park

      Four retail spaces available in prime location.
      0 Arrowood Rd And Frst Pt Blvd, Charlotte, NC 28273
      View Details
    • $2,000 /Mo
      21,780 SF

      Retail/Office Space in Ayrsley

      Bright retail/office space in Charlotte's Meeting Street Market.
      2108 Ayrsley Town Blvd, Charlotte, NC 28273
      View Details
    View Listing
    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.
    8146 S Tryon St
    Charlotte, NC 28273
    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
    8146 S Tryon St, Charlotte, NC, 28273
    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!