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    12440 Tryon St Charlotte, NC 28262

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    For Sale
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    Prime Charlotte location, mixed-use potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 17-acre commercial land parcel presents a remarkable development opportunity in Charlotte, North Carolina. Situated at 12440 North Tryon Street (Highway 29) within the burgeoning Trevi Village, this property boasts a CC (Commercial Center) zoning designation, allowing for a diverse range of mixed-use developments. Potential uses include retail, restaurant, medical facilities, office spaces, hospitality ventures, and self-storage facilities. The site's strategic location offers unparalleled accessibility, with 1,600 feet of frontage on North Tryon Street, a fully signalized intersection, and convenient proximity to Interstates 485 and 85. This prime location is further enhanced by its adjacency to Trevi Vibrant Senior Living and the Villas at Trevi Village, a thriving new development. The surrounding area is experiencing significant residential growth, with over 2,000 single-family and multifamily units either completed or currently under construction. The property's proximity to major attractions, including the Charlotte Motor Speedway, ZMAX Dragway, Concord Mills Mall, PNC Music Pavilion, and the University of North Carolina at Charlotte (with over 30,000 students), ensures a robust and diverse customer base. The parcel's size and zoning flexibility make it an ideal investment for developers seeking a high-impact project in a rapidly expanding area of Charlotte. The Mecklenburg County APN is 05109109.

    Property Features for 12440 Tryon St

    General Information

    Property type
    Land
    Lot Size
    740,520 SF

    HighLights

    • 17± acres in Charlotte's Trevi Village, adjacent to senior living and residential communities.
    • CC (Commercial Center) zoning allows for mixed‑use development (retail, restaurant, medical, office, hospitality, self‑storage).
    • Surrounding area features significant residential growth (approx. 2,000+ units completed or under construction).
    • Prime location near major attractions (Charlotte Motor Speedway, Concord Mills Mall, UNC Charlotte) and easy access to I‑485 and I‑85.
    • High visibility with 1,600 feet of frontage on N. Tryon Street at a fully signalized intersection.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7006436
    Latitude
    35.341488

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    FAQs

    What type of property is this?
    Land - Prime Charlotte location, mixed-use potential.
    Where is this land located?
    The property is located at 12440 Tryon St Charlotte, NC.
    What are key features of this property?
    This property features: 17± acres in Charlotte's Trevi Village, adjacent to senior living and residential communities.; CC (Commercial Center) zoning allows for mixed-use development (retail, restaurant, medical, office, hospitality, self-storage).; Surrounding area features significant residential growth (approx. 2,000+ units completed or under construction).
    (704) 885-2505
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    12440 Tryon St Charlotte, NC 28262
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    Charlotte, NC 28262
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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
    12440 Tryon St Charlotte, NC 28262
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