227 Trade StCharlotte, NC 28202

Property Details for 227 Trade St

Year built

1991

Lot size

3.20 AC

Property size (Sq ft)

1,017,814 SF

Zone code

UMUDO

Property type

Parking lots & garages

APN

8001303

APU

8001303

Description

This iconic 24-story, Class A office tower, Carillon, located at 227 W Trade St, Charlotte, NC 28202, offers 488,243 square feet of prime creative office space in Mecklenburg County. Built in 1991, the building boasts neo-Gothic architecture and features 10 total suites, with a minimum divisible space of 2,044 square feet and a maximum contiguous space of 22,217 square feet. Currently, 74,421 square feet is vacant, providing excellent opportunities for businesses of various sizes. The property sits on a 5.2-acre lot and includes elevators and ample parking with a 1:1000 RSF ratio. The efficient floor plates offer maximum flexibility for tenants, and the building's elegant interiors and on-site amenities contribute to a truly exceptional office experience. This trophy-quality building provides a striking first impression and a highly desirable location in the heart of Charlotte. The building's impressive stature and classic design make it a standout property in the Charlotte market. The available space is ideal for businesses seeking a prestigious address and a modern, functional workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $410,872,672

  6.5%

  $379,267,072

  7%

  $352,176,576

• Comparable approach

  Method

  Valuation

  Relative Method

  $434,338,688

  Geo Method

  $434,338,688

• Alternative Use

  Use

  Valuation

  Residential

  $319,925,952

  Hospitality

  $293,050,464

  Educational

  $243,814,544

  Medical

  $252,199,696

  Retail

  $379,267,072

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2262

Longitude

-80.8409

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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