Freestanding Retail
New
For Sale
$575,000
2624 West Boulevard, Charlotte, NC 28208
On-site parking and recent building updates support a range of commercial uses.
Property Size1,964 SF
Price / SF$293.37
Days on Market2
Property Features for 2624 West Boulevard
General Information
Standard status
Active
Size
1,964 SF
Property subtype
Free Standing Store
Zoning
CG [B-1(old)]
Site & Location
Neighborhood
West Inner
Highway Access
Yes
Road Access
Yes
Amenities
on-site parking
Dimensions: 85x123x17x87x166, Level
Other - See Remarks
Public Sewer
Additional parcels description:, Parcel Number: 117-076-02, Assessed Value: $176,100, Zoning: CG
Concrete
Central Air
Electric
Listing ID: CAR4438725, Standard Status: Coming Soon, MLS Status: Coming Soon-No Show, Property Subtype: Free Standing Store, Special Conditions: None
10 total parking spaces
Built in 1964, Living area: 1960, 1 building, Construction Materials: Block
County/Parish: Mecklenburg
Water Source: City
Slab
Frontage Type: City Street, Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Smoke Detector(s)
Building Details
Building Size
1,964 SF
Year Built
1964
Year Renovated
2026
Buildings
1
Listing Agency:
Carolina Realty Advisors
(704) 442-1774
Listed By:
Rob Cassam · License #164661
(704) 533-3074
Source:
Blackstreaminternational
Added: Oct 30
Last Checked: Oct 30 at 11:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Carolina Realty Advisors
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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 freestanding retail property contains 1,960 square feet and was built in 1964. Updates completed in 2026 included a new parking lot, interior and exterior paint, and new doors. The HVAC system dates to 2018, and the roof is reported to be in good working order with no leaks. Zoning is CG [B-1(old)]. Potential uses listed for the property include retail, personal services, automotive-related businesses, daycare, restaurants, offices, and medical clinics.
The property is located on West Boulevard in Charlotte, with access to I-77, I-277, and I-85. Charlotte Douglas International Airport is approximately 5 minutes away, and Uptown Charlotte is approximately 10 minutes away. On-site parking is available, and a police station is nearby.
The property is located on West Boulevard in Charlotte, with access to I-77, I-277, and I-85. Charlotte Douglas International Airport is approximately 5 minutes away, and Uptown Charlotte is approximately 10 minutes away. On-site parking is available, and a police station is nearby.
Key Highlights
- 1,960‑square‑foot freestanding retail building
- CG [B‑1(old)] zoning
- Renovated in 2026 with a new parking lot, interior and exterior paint, and new doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,816
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,320
$656.3K
Cap Rate 7%
$468,800
$468.8K
Cap Rate 9%
$364,622
$364.6K
Market Conditions
NOI Build-Up for 1,960 SF
Gross rent
$48.2K $24.60/SF
− Vacancy
−$1.3K −$0.68/SF
EGI
$46.9K $23.92/SF
− OpEx
−$14.1K −$7.18/SF
NOI
$32.8K $16.74/SF
Area
Charlotte, NC
Vacancy
2.77%
Lease Rate
$24.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$656,320
Cap Rate 7%
$468,800
Cap Rate 9%
$364,622
Alternative Uses
Best Use
Retail
$468.8K
$410.2K – $546.9K
NOI $32,816 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$652.7K
$571.1K – $761.5K
NOI $45,688 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
303
Businesses Nearby
14k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
7,289 visits/mo
0.2 miles
Citgo
Shops & Services
6,756 visits/mo
0.1 miles
Demographics for 28208, NC
38,614
Population
17,842
Households
2.2
Avg Household Size
34
Median Age
26%
College-Educated
81%
High-School Grad
20.2 sq mi
ZIP Area
1,912
Density / Sq Mi
$51,339
Median Household Income
$40,359
Median Earnings
$1,173
Median Rent
$198,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Retail space - On-site parking and recent building updates support a range of commercial uses.
Where is this retail space located?
The property is located at 2624 West Boulevard Charlotte, NC.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 1,960‑square‑foot freestanding retail building; CG [B‑1(old)] zoning; Renovated in 2026 with a new parking lot, interior and exterior paint, and new doors
