Entity Owned 
For Lease
Property summary
This 13,829 square foot Class B commercial building, located at 1159 Commercial Ave, Charlotte, NC 28205, offers flexible office and retail space in the desirable Plaza submarket of Mecklenburg County. The property features a multi-tenant configuration with a minimum divisible space of 759 square feet and a maximum contiguous space of 1,180 square feet. Currently, 2,939 square feet of space is vacant and available for immediate occupancy. Select units have undergone recent renovations,… presenting a move-in ready opportunity for businesses seeking a prime location. The building's address is conveniently situated near The Plaza cross street, providing excellent visibility and accessibility. This versatile space is ideal for traditional office users, creative office tenants, or retail businesses seeking a vibrant and well-connected location in Charlotte. The property's location within the Plaza submarket offers a strategic advantage for businesses seeking a thriving commercial environment. Inquire today to learn more about leasing options and to schedule a viewing.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 4 qualifying comparable sales.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 11,134 SF
- Lot area
- 0.75 ac
- Year built
- 1962
- Stories
- 1
- APN
- 9301306
- Zoning
- I-1
- Assessed value · 2024
- $958,900
- Annual tax · 2023
- $7,034
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $7,034
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Owner Contacts
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- NOI Potential
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- Alternative use
- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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