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    2640 Tryon St Charlotte, NC 28203

    Sponsored
    For Sale
    $1,895,000

    4,546 SF Freestanding Building, Vacant

    Property size:
    4,546 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 4,546 square foot freestanding building presents a unique investment opportunity in Charlotte's vibrant South End. Located at 2640 South Tryon Street, this property boasts high visibility on a heavily trafficked thoroughfare near the intersection of Remount Road. The 0.51-acre lot offers significant potential for adaptive reuse, catering to a variety of commercial ventures. Currently vacant, this building is zoned B-1, allowing for flexible usage including retail, office, or general commercial purposes. The asking price is $1,895,000, translating to $416.85 per square foot. On-site parking is available, adding to the property's appeal. This prime location and versatile zoning make this an ideal investment for developers or businesses seeking a high-impact presence in a thriving area of Charlotte, North Carolina. The property's size and location make it a compelling option for those seeking a significant commercial presence in a rapidly developing neighborhood. This is a rare opportunity to acquire a substantial freestanding building in a highly desirable area of Mecklenburg County, with easy access to major transportation routes. The building's existing structure provides a solid foundation for immediate occupancy or extensive renovation, depending on the buyer's vision.

    Property Features for 2640 Tryon St

    General Information

    Property type
    Individual retail properties
    Square Feet
    4,546 SF
    Lot Size
    22,216 SF

    HighLights

    • 4,546 SF freestanding building.
    • 0.51‑acre lot available for sale in South End Charlotte.
    • High‑visibility location on heavily trafficked South Tryon Street near Remount Road.
    • Excellent adaptive reuse opportunity for retail, office, or general commercial use; ample on‑site parking.
    • B‑1 zoning.
    • $1,895,000
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon 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
    -80.8706525
    Latitude
    35.204533

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    FAQs

    What type of property is this?
    Individual retail property - 4,546 SF Freestanding Building, Vacant
    Where is this individual retail property located?
    The property is located at 2640 Tryon St Charlotte, NC.
    What is the asking price?
    The asking price for this property is $1,895,000.
    What are key features of this property?
    This property features: 4,546 SF freestanding building.; 0.51-acre lot available for sale in South End Charlotte.; High-visibility location on heavily trafficked South Tryon Street near Remount Road.
    Request Owner's contact information
    2640 Tryon St Charlotte, NC 28203
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    Charlotte, NC 28203
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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
    2640 Tryon St Charlotte, NC 28203
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