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Property profile & analytics
OFF-MARKET Estimated value $560,000
Parking lots & garages

101 Mcdowell St Charlotte, NC 28204-2210

118,712 SF 0.75 ac lot Built 1974
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US53-2047500
Property summary
AI-generated overview

This exceptional 1,172-square-foot office condo is ideally situated in Charlotte's vibrant Uptown CBD submarket at 101 N McDowell St, zip code 28204. Located on the first floor, this corner unit offers a highly efficient layout perfect for professional services. The space boasts three private offices, a conference room (easily convertible to a fourth office), a restroom, a breakroom, and a reception area. Modern amenities include an updated thermostat, Cat5 wiring, and an ADT security system. The unit comes with three dedicated parking spaces in a building with a total of 60 spaces, with additional parking readily available nearby at 810 E 5th Street. The building itself, constructed in 1982, is a two-story structure with a 11-foot ceiling height, situated on 1.23 acres of land. Its UC zoning designation reflects its prime location within the Uptown core. This move-in ready space offers unparalleled convenience, with easy access to public transportation, a wealth of Uptown amenities, and a variety of restaurants. The property's APN is 08009808. The total building square footage is 31,500 square feet, with a minimum divisible space of 1,172 square feet and a maximum contiguous space of 1,172 square feet. This is a single-tenancy unit.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 1974
Total area 118,712 SF
Lot 0.75 ac (32,725 SF)
Zoning code UMUD
APN 12504301
UPID US53-2047500
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
Current use
Occupant on record · Public records
  • Prince Legal Services, PLLC Law Firm
  • The Law Office of Chandler & McDonald PLLC Law Firm
  • Pappas Kosta Engineer
  • Law Office of Timothy D. Smith Law Firm
  • Merritt, Webb, Wilson & Caruso, PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$345k
Blend (final) Blend
$560k
Owner & transaction history
Kaje Properties LLC
Kaje Properties LLC
since 2025
7 recorded transactions
2025
$847,000
2024
$327,000
2022
Price N/A
2022
$282,000
2021
$275,000
2021
$449,000
2021
$265,000
Zoning & alternative use
UMUD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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