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Financial
Distress signals
Property profile

120 Myers St Charlotte, NC 28202

OFF-MARKET
Office buildings
Property ID
US53-2194998
0.53 ac lot
Last sale Jul 2025 · $2,350,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 0.5-acre land parcel, located at 120 N Myers Street in Charlotte, North Carolina (zip code 28202), presents a unique investment opportunity. Situated in Mecklenburg County, this property boasts a highly desirable MUDD zoning designation, opening doors to a diverse range of development possibilities. The asking price is $3,000,000, translating to a land value of $6,000,000 per acre, reflecting the prime location and development potential. Permitted uses under the MUDD zoning…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$18k
Tax billed · 2023
Assessed value · 2024$2.42M
Assessed land$2.42M
Effective rate0.73%

Value estimate

· Oct 2026
$515k
$464k – $567k
AI approach$515k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$585/SF
ZIP average, outlier-cleaned · 43 recorded sales of this use type
Observed band · Q1–Q3$328 – $806

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
UMUD
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith8.4
Butcher8.4
Laundromat7.8

Location

120 Myers St Charlotte, NC 28202
County assessor Recorded deeds · 5 transfers Qualifying comp sales · not on file Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
440 Church, Charlotte, NC 28202-2075 $75,750,000 Jul 2025 387,450 SF
725 Trade, Charlotte, NC 28202-3021 $9,499,000 Mar 2025 18,082 SF
208 Caldwell, Charlotte, NC 28202-2500 $28,136,500 Jan 2025 377,678 SF
400 Trade, Charlotte, NC 28202-2428 $3,076,500 Dec 2024 18,390 SF
526 Church, Charlotte, NC 28202-1802 $35,000,000 Dec 2024 383,491 SF
200 College, Charlotte, NC 28202-2191 $8,200,000 Dec 2024 440,772 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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