Commercial Land with Brick
13500 Tryon Street, Charlotte, NC 28278
For Sale
$650,000
Under Contract
Commercial Sale, Charlotte, NC
Property Size2,000 SF
Lot Size1.75 Acres
Price / SF$325
Days on Market1133
Property Features for 13500 Tryon Street
General Information
Property type
Property subtype
Zoning description
Lot features
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Building Details
Year built
Listing Agency:
Carolina Homes Connection, LLC
(704) 615-7315
Listed By:
Retha Russell
(704) 905-8182
Added: Oct 4, 2023
Changed: Oct 19
Last Checked: Nov 9 at 6:06AM
MLS# 4075404
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1.75-acre commercial land parcel in Charlotte includes a brick structure built in 1975. The property has been rezoned for commercial use.
The site is in the Steele Creek area, near the Rivergate shopping area and across from an emergency room.
The site is in the Steele Creek area, near the Rivergate shopping area and across from an emergency room.
Key Highlights
- 1.75‑acre parcel with an existing brick structure
- Rezoned for commercial use
- Located in Charlotte’s Steele Creek area near Rivergate shopping area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,888
Cap Rate
4.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,760
$617.8K
Cap Rate 7%
$441,257
$441.3K
Cap Rate 9%
$343,200
$343.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$49.9K $24.96/SF
− Vacancy
−$8.7K −$4.37/SF
EGI
$41.2K $20.59/SF
− OpEx
−$10.3K −$5.15/SF
NOI
$30.9K $15.44/SF
Area
Charlotte, NC
Vacancy
17.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,760
Cap Rate 7%
$441,257
Cap Rate 9%
$343,200
Alternative Uses
Best Use
Office B
$441.3K
$386.1K – $514.8K
NOI $30,888 @ 7.0% cap · market cap 4.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$666.0K
$582.8K – $777.0K
NOI $46,620 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
698
Businesses Nearby
Explore this area
Business Placement
Demographics for 28278, NC
33,426
Population
13,812
Households
2.4
Avg Household Size
37
Median Age
57%
College-Educated
95%
High-School Grad
28.8 sq mi
ZIP Area
1,161
Density / Sq Mi
$121,366
Median Household Income
$60,362
Median Earnings
$1,736
Median Rent
$413,400
Median Home Value
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Market
Properties on Market for Commercial land in Charlotte
Vacancy Rate% for Office in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Commercial land - A commercial-zoned parcel in Steele Creek includes an existing brick structure.
Where is this commercial land located?
The property is located at 13500 Tryon Street Charlotte, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 1.75‑acre parcel with an existing brick structure; Rezoned for commercial use; Located in Charlotte’s Steele Creek area near Rivergate shopping area
