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    2218 Toomey Ave Charlotte, NC 28203

    For Lease
    $34 SF/Yr

    Adaptive reuse project with creative office and retail space.

    Property size:
    9,841 SF
    Lot size:
    6.66 Acres

    Property Features for 2218 Toomey Ave

    General Information

    Size
    9,841 SF
    Lot size
    6.66 Acres

    Source: Foundry Commercial | Charlotte Agent John Ball

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Creative Office and Retail Space

    The Quarter is an adaptive reuse project offering 140,000 square feet of first-generation creative office and retail space across three buildings, situated along the Toomey corridor in Charlotte. This project encompasses 15 acres and includes a 306-unit multifamily community, with an expected delivery date in 2024. Located in South End, the property benefits from its position within a dynamic submarket. The available building space measures 24,252 square feet, with parking provided at a ratio of 3.0 spaces per 1,000 square feet. Ceiling heights reach 18 feet. The location provides direct access to I-77, similar to suburban office locations, while also offering immediate access to the retail and entertainment amenities of South End. The property size is 9,841 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duct Fabrication Sheet Metal Contractor Clancy & Theys Construction Construction Company

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply 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
    -80.8707927
    Latitude
    35.2135702

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    FAQs

    What type of property is this?
    Creative space - Adaptive reuse project with creative office and retail space.
    Where is this creative space located?
    The property is located at 2218 Toomey Ave Charlotte, NC.
    What is the lease rate?
    The lease rate is $34 SF/Yr.
    What are key features of this property?
    This property features: - New creative office and retail space in a dynamic South End location.; - Part of a 15-acre adaptive reuse project with a 306-unit multifamily community.; - Direct access to I-77.
    (704) 523-0272
    Request Owner's contact information
    2218 Toomey Ave Charlotte, NC 28203
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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
    2218 Toomey Ave Charlotte, NC 28203
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