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    5801 Tryon St Charlotte, NC 28213

    Sponsored
    For Sale
    $1,100,000

    Corner Lot, High Traffic, 1.3 Acres

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional 1.3-acre commercial lot presents a remarkable investment opportunity in a prime Charlotte location. Situated at 5801 Tryon Street, this property boasts unparalleled visibility due to its corner lot placement and a strategically positioned traffic light at the intersection. The property offers convenient access via a dedicated driveway entrance, providing seamless ingress and egress for businesses and customers. In addition to the private driveway, there is also access to the Maco parking lot, offering further convenience and potential for shared parking arrangements. The land itself is described as nicely leveled, making it ideal for a variety of commercial developments. The property's high traffic count and prominent location make it an excellent choice for businesses seeking maximum exposure and accessibility. This is a rare opportunity to acquire a substantial commercial lot in a thriving Charlotte neighborhood, offering significant potential for growth and return on investment. The property is being offered at $1,100,000. The square footage is not currently specified. Serious inquiries are encouraged. This is a unique opportunity to establish a strong commercial presence in a high-demand area. The level terrain simplifies development plans, minimizing site preparation costs and accelerating project timelines. The dual access points enhance the property's functionality and appeal to a wide range of potential tenants or businesses.

    Property Features for 5801 Tryon St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    56,628 SF

    Building Details

    Year Built
    1990
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.76972
    Latitude
    35.26622

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    FAQs

    What type of property is this?
    Commercial real estate - Corner Lot, High Traffic, 1.3 Acres
    Where is this commercial real estate located?
    The property is located at 5801 Tryon St Charlotte, NC.
    What is the asking price?
    The asking price for this property is $1,100,000.
    (704) 527-6000
    Request Owner's contact information
    5801 Tryon St Charlotte, NC 28213
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    Charlotte, NC 28213
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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
    5801 Tryon St Charlotte, NC 28213
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