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Property profile

5801 Tryon St Charlotte, NC 28213

OFF-MARKET
Commercial real estate
1.3 ac lot Built 1990
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Property summary

AI-generated overview

This exceptional 1.3-acre commercial lot presents a remarkable investment opportunity in a prime Charlotte location. Situated at 5801 Tryon Street, this property boasts unparalleled visibility due to its corner lot placement and a strategically positioned traffic light at the intersection. The property offers convenient access via a dedicated driveway entrance, providing seamless ingress and egress for businesses and customers. In addition to the private driveway, there is also access to the Maco parking lot, offering further convenience and potential for shared parking arrangements. The land itself is described as nicely leveled, making it ideal for a variety of commercial developments. The property's high traffic count and prominent location make it an excellent choice for businesses seeking maximum exposure and accessibility. This is a rare opportunity to acquire a substantial commercial lot in a thriving Charlotte neighborhood, offering significant potential for growth and return on investment. The property is being offered at $1,100,000. The square footage is not currently specified. Serious inquiries are encouraged. This is a unique opportunity to establish a strong commercial presence in a high-demand area. The level terrain simplifies development plans, minimizing site preparation costs and accelerating project timelines. The dual access points enhance the property's functionality and appeal to a wide range of potential tenants or businesses.

Property profile

Verified
Property type Commercial real estate
Year built 1990
Lot 1.3 ac (56,628 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5801 Tryon St Charlotte, NC 28213
Charlotte metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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