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Property profile & analytics
OFF-MARKET
Mixed-use properties

961 Seigle Ave Charlotte, NC 28205

1,200 SF 0.57 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 0.57-acre property at 961 Seigle Avenue in Charlotte, North Carolina, presents a compelling mixed-use development opportunity. The site boasts a 1,200 square foot building, ideal for light industrial or residential conversion, with an asking price of $825,000 ($687.50 per square foot). Its strategic location in the heart of Charlotte's Belmont neighborhood offers unparalleled convenience and accessibility. Within walking distance, residents and businesses will find a variety of amenities, including Ace No. 3, Sweet Lew's, Queen City Animal Hospital, and the Sugar Creek Greenway. The property benefits from its proximity to the vibrant NoDa and Plaza Midwood neighborhoods, providing easy access to a diverse range of shops, restaurants, and entertainment options. Commuting is simplified by its convenient access to I-277 and Highway 74. Furthermore, the property is adjacent to Copper Builders' Skyline townhomes, adding to the desirability of the surrounding area. This versatile property is perfect for investors seeking a high-return opportunity in a rapidly growing area of Charlotte. The property is currently available. The zip code is 28205. Mecklenburg County is the county location.

Property profile
Verified
Property type Mixed-use properties
Total area 1,200 SF
Lot 0.57 ac (24,829 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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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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