Flex and Warehouse
5636 North Tryon Street Charlotte, NC 28213
5636 North Tryon Street, Charlotte, NC, 28213
Contact for pricing
For Sale
Contact for pricing
For-sale flex and warehouse property offered on a TOD-TR designated site.
Property Size1,647 SF
Lot Size0.44 Acres
Price / SF$391.62
Days on Market50
Property Features for 5636 North Tryon Street
General Information
- Standard status
- Active
- Size
- 1,647 SF
- Lot size
- 0.44 Acres
- Property subtype
- Retail, Multifamily, Industrial
Building Details
- Year Built
- 1958
Listing agency
Legacy Real Estate Advisors
Listed by
Andrew Pace · License #341226
Source
Crexi
Added: Jun 2 Updated: Jul 10 at 3:59PM Checked: Jul 21 at 11:16AM
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 Legacy Real Estate Advisors
Investment Insights
Based on property information with market context.
This for-sale flex and warehouse property is offered as a compact commercial asset of 1,647 square feet on a 0.44-acre site. The property is positioned for versatile occupancy consistent with its flex/warehouse classification, supported by a TOD-TR designation noted in the public remarks.
The property is located at 5636 North Tryon Street in Charlotte, NC. The listing includes a land area of 0.44 acres and identifies the site’s zoning designation as TOD-TR, which can be a key consideration for potential occupants and redevelopment planning.
Because the asset is identified as flex space and warehouse space, it may fit tenants seeking a property that supports practical back-of-house and light distribution needs alongside more flexible operational requirements. Prospective buyers and operators can review the existing building layout and zoning designation (TOD-TR) as part of evaluating whether the site aligns with their intended use strategy. For sale at $695,000, it presents a straightforward, small-format option for interested users and investors looking at compact flex/warehouse real estate in Charlotte.
The property is located at 5636 North Tryon Street in Charlotte, NC. The listing includes a land area of 0.44 acres and identifies the site’s zoning designation as TOD-TR, which can be a key consideration for potential occupants and redevelopment planning.
Because the asset is identified as flex space and warehouse space, it may fit tenants seeking a property that supports practical back-of-house and light distribution needs alongside more flexible operational requirements. Prospective buyers and operators can review the existing building layout and zoning designation (TOD-TR) as part of evaluating whether the site aligns with their intended use strategy. For sale at $695,000, it presents a straightforward, small-format option for interested users and investors looking at compact flex/warehouse real estate in Charlotte.
Key Highlights
- Flex and warehouse property for sale
- 0.44‑acre lot
- Year built: 1958
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $25.7k | $15.60 |
| − Vacancy | −$1.7k | −$1.01 |
| EGI | $24.0k | $14.59 |
| − OpEx | −$3.6k | −$2.19 |
| NOI | $20.4k | $12.40 |
1,647 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$291.7K
$255.3K – $340.3K
NOI $20,420 @ 7.0% cap · market cap 3.17%
Second Best
Flex RnD
$256.0K
$224.0K – $298.7K
NOI $17,921 @ 7.0% cap · market cap 2.78%
Theoretical Best
Office A
$548.5K
$479.9K – $639.9K
NOI $38,392 @ 7.0% cap · market cap 5.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- CBs Heavenly Delights — 812 Friendly Pl, Charlotte, NC 28213
- JESLN's Caribbean SweetPot, LLC — 5714 Old Concord Rd Suite B, Charlotte, NC 28213
FAQs
What type of property is this?
Flex space - For-sale flex and warehouse property offered on a TOD-TR designated site.
Where is this flex space located?
The property is located at 5636 North Tryon Street Charlotte, NC.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Flex and warehouse property for sale; 0.44‑acre lot; Year built: 1958
