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    444-444 Crompton St Charlotte, NC 28273

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    For Sale
    $410,000

    3,375 SF office-warehouse condo in well-kept complex near I-77.

    Property size:
    3,375 SF
    Lot size:
    11.28 Acres

    Property Features for 444-444 Crompton St

    General Information

    Size
    3,375 SF
    Lot size
    11.28 Acres

    Source: Cole Commercial Real Estate Agent Michael (Mike) Brown

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

    Overview

    Office-Warehouse Condo Near I-77

    This 3,375 square foot office-warehouse condo is located in Halifax Station, offering a convenient location just off I-77 and Westinghouse Boulevard. The all-brick unit features five large offices, a break area, warehouse space, storage, and three bathrooms. It includes a rear entry and dock-high access, along with second-floor storage. The condominium complex is well-managed and maintained. The property is currently an investment sale with a tenant in place for two years, offering a 6.58% cap rate. The current tenant is Lighthouse Chapel International, with a 24-month lease. The tenant's rent is $2,800.00 per month, which equals $33,600.00 annually ($9.96 per square foot). The Halifax Station condo fee is $325.00 per month. The property tax for 2025 is $2,693.00 annually. The annual return is $27,007.00, resulting in a 6.58% cap rate. The condo has added property value after the tenant.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Hair Salon Auto Repair Shop Nail Salon Hotel & Motel 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
    -80.9156315
    Latitude
    35.1181175

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    FAQs

    What type of property is this?
    Flex space - 3,375 SF office-warehouse condo in well-kept complex near I-77.
    Where is this flex space located?
    The property is located at 444-444 Crompton St Charlotte, NC.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - Investment opportunity with a **6.58% cap rate and existing tenant**; - Excellent location just off I-77/Westinghouse Blvd; - 3,375 SF office-warehouse condo unit
    (704) 906-9168
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    444-444 Crompton St Charlotte, NC 28273
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    Charlotte, NC 28273
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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
    444-444 Crompton St Charlotte, NC 28273
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