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    301 Caswell Rd Charlotte, NC 28204

    Sponsored
    For Sale
    $2,500,000

    Prime Location, 6226 SF, Three Suites

    Property size:
    6,226 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 6,226 square foot commercial building is situated on a 0.32-acre corner lot at the intersection of Caswell Road and 5th Street in Charlotte, North Carolina's vibrant Midtown area. Its strategic location places it within a major medical corridor, boasting proximity to Novant Health Presbyterian Medical Center, Presbyterian Hospital, Charlotte Orthopedic Hospital, and Mercy Hospital. The property benefits from its position in the dynamic Elizabeth neighborhood, offering convenient access to a grocery store, diverse restaurants, and Central Piedmont Community College. Public transportation is readily available via the LYNX Gold Line's Hawthorne and 5th Station, within walking distance. The building comprises three suites. Suite 301, encompassing a significant portion of the total square footage, has undergone a complete renovation and is currently vacant, presenting a unique opportunity for immediate occupancy or customization. Suites 305 and 307 are currently leased, with Suite 307 operating under a month-to-month agreement. The property's commercial zoning is flexible, accommodating a wide range of uses including retail, office, medical facilities, restaurants, and pharmacies. This presents a compelling investment opportunity for a diverse range of businesses seeking a high-visibility location in a thriving urban setting. The asking price for this property is $2,500,000.

    Property Features for 301 Caswell Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    6,226 SF
    Lot Size
    13,939 SF

    Building Details

    Year Built
    1935
    Property Profile Location Intelligence

    Current Use by Public Records

    Online Business Card ... Commercial Printer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.82123
    Latitude
    35.21167

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Location, 6226 SF, Three Suites
    Where is this commercial real estate located?
    The property is located at 301 Caswell Rd Charlotte, NC.
    What is the asking price?
    The asking price for this property is $2,500,000.
    (704) 617-8000
    Request Owner's contact information
    301 Caswell Rd Charlotte, NC 28204
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    Charlotte, NC 28204
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    Realmo Value Estimation

    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.

    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.

    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
    301 Caswell Rd Charlotte, NC 28204
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