Property profile

1021 Palmer St Charlotte, NC 28208

OFF-MARKET
Industrial land
Property ID
US53-5073975
4,000 SF 1.89 ac lot Built 1946
Entity Owned 1-yr Hold Free & Clear
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Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Year built 1946
Total area 4,000 SF
Lot 1.89 ac (82,459 SF)
Zoning code UMUD-O
APN 7325215
UPID US53-5073975

Cap rate & NOI

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

Location

1021 Palmer St Charlotte, NC 28208-5344
Charlotte metro Census 402 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$495k
CAP Approach CAP
$630k
Comparable Approach Comparable
$686k
Blend (final) Blend
$605k

Owner & transaction history

since 2024
2 recorded transactions
2024
Price N/A
1999
$490,000

Zoning & alternative use

UMUD-O · Charlotte, NC
Zoning description

The uptown mixed use district permits and encourages the coordinated development of retail and wholesale trade; business, professional and financial services, offices, hotels, convention and conference centers, merchandi…

General category MIXED_USE

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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