Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2420 Brevard St Charlotte, NC 28205

    Sponsored
    For Sale
    $1,050,000

    Prime NoDa Location, High Growth Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional investment opportunity encompasses two adjacent parcels totaling 0.21 acres in Charlotte's vibrant NoDa neighborhood. The property includes a meticulously updated 1,914 square foot former mill house, ideal for retail or office use, boasting modern finishes and a prime location. This building is situated less than 1,000 feet from the 25th Street light rail station, providing excellent accessibility. The adjacent raw land presents significant development potential, especially considering its location on a hard corner at Brevard Street and Jordan Place. The planned Cross Charlotte Trail will run directly alongside the property, further enhancing its desirability and value. The area is bustling with activity, surrounded by a diverse range of restaurants, bars, shops, and other retail establishments, ensuring high foot traffic and visibility. This property offers a unique blend of immediate income potential from the existing building and substantial long-term growth prospects from the undeveloped land. The asking price for this combined property is $1,050,000. An adjacent lot (2428 Brevard Street) is also available for purchase, offering an assembly price of $1,700,000 for both properties.

    Property Features for 2420 Brevard St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1905
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop 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
    -80.81442
    Latitude
    35.24324

    Nearby Similar for Sale

    • $1,899,000
      0.50 Acres

      Villa Heights Multifamily Investment Portfolio

      Seven-unit portfolio near NODA, renovated in 2020, flexible leasing options.
      1909 Pegram St, Charlotte, NC 28205
      View Details
    • $1,750,000
      0.60 Acres

      Versatile Commercial Office in Oakhurst

      Multi-use commercial office space in a prime Charlotte location.
      5101 Monroe Rd, Charlotte, NC 28205
      View Details
    • $1,479,800
      0.20 Acres

      Versatile Duplex Near Camp North End

      Configurable duplex with rental potential near urban amenities.
      209 Keswick Ave, Charlotte, NC 28206
      View Details
    • $1,324,500
      0.19 Acres

      Modern Duplex in Historic Charlotte

      New construction duplex with modern finishes, ideal for investment.
      2001-1121 Renner St, Charlotte, NC 28216
      View Details
    • $1,324,500
      5,015 SF

      Modern Townhome Duet, No HOA

      New construction townhome duet in historic West Charlotte.
      2001-1121 Renner St, Charlotte, NC 28216
      View Details
    • $699,000
      0.22 Acres

      New Construction Triplex in Charlotte

      New construction triplex with income potential near Uptown Charlotte.
      729 Wabash Ave, Charlotte, NC 28208
      View Details
    • $435,000
      0.22 Acres

      Charlotte Duplex with Rental Income

      Turn-key duplex in prime Charlotte location, great for investors.
      1424 Wembley Dr, Charlotte, NC 28205
      View Details
    • New
      $649,800
      0.24 Acres

      New Construction Townhome Near Uptown

      New construction townhome near White Water Center and Uptown.
      3222 Sam Wilson Rd, Charlotte, NC 28214
      View Details
    • $619,900
      0.14 Acres

      New Construction Duplex in Charlotte

      New construction duplex with strong income potential in Charlotte, NC.
      2909 New Pineola Rd, Charlotte, NC 28208
      View Details
    • New
      $799,900
      0.60 Acres

      Spacious Duplex on Large Lot

      2023 duplex with flexible rental options and desirable location.
      14727 Choate Cir, Charlotte, NC 28273
      View Details
    • $625,000
      0.20 Acres

      New Duplex Near Uptown Charlotte

      Move-in ready duplex perfect for investment or owner-occupancy.
      521/525 N Linwood Ave, Charlotte, NC 28216
      View Details
    • New
      $639,000
      0.22 Acres

      New Charlotte Townhome Duplex

      Move-in ready duplex in Charlotte's 28215 zip code.
      5391 Toano Rd, Charlotte, NC 28215
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime NoDa Location, High Growth Area
    Where is this office property / space located?
    The property is located at 2420 Brevard St Charlotte, NC.
    What is the asking price?
    The asking price for this property is $1,050,000.
    (704) 604-8721
    Request Owner's contact information
    2420 Brevard St Charlotte, NC 28205
    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.
    2420 Brevard St
    Charlotte, NC 28205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2420 Brevard St Charlotte, NC 28205
    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
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.