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    OFF-MARKET
    Land

    12440 Tryon St, Charlotte, NC 28262

    17 ac lot
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Land
    Lot 17 ac (740,520 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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