528 Brevard St Charlotte, NC 28202
This exceptional 8,812-square-foot medical office building presents a unique investment opportunity in the heart of Charlotte's City Center. Situated on a 3.16-acre lot, this single-tenant property boasts a convenient location within walking distance of numerous retail establishments and popular restaurants. The building, constructed in 1950, is a single-story structure and offers ample parking, a significant advantage in this bustling urban area. Its zoning classification is UC, allowing for versatile usage. The property's address is 528 N Brevard Street, Mecklenburg County, and its APN is 08006301. Currently, the entire 8,812 square feet is vacant, providing immediate occupancy for a new tenant. The property's proximity to major attractions such as the Spectrum Center, Discovery Place Science, First Ward Park, and Bank of America Stadium makes it highly desirable. This move-in-ready space is perfectly suited for a variety of uses, including retail, office, food and beverage, or medical office tenants, capitalizing on the vibrant business and entertainment district's high foot traffic and visibility. The property offers an excellent chance to establish a presence in one of Charlotte's most dynamic and sought-after locations.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.