12194 Johnston Rd Charlotte, NC 28277
Property profile & analytics
12194 Johnston Rd Charlotte, NC 28277
- Retail space
- 8,078 SF
- 1.40 lot acres
Property ID
US53-2861272
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dr. John Moonan / Physician
- Thomas Ryan Coccia / Physician
- Trek Bicycle Store of Charlotte / (Bike/Boat/Book/etc) Store
- MyEyeDr. / Eye Care Center / Contact Lenses Supplier
- Thomas Coccia / Physician
Property Details for 12194 Johnston Rd
- Year built
- 2013
- Lot size
- 1.40 lot acres
- Property size
- 8,078 SF
- Zone code
- CC
- Property type
- Retail space
- APN
- 22323147
- APU
- 22323147
Description
This exceptional 8,008 square foot shopping center in Charlotte, North Carolina presents a compelling investment opportunity. Located in the affluent Ballantyne neighborhood, this single-story, 2013-built property boasts a 1.39-acre lot and an attractive brick facade. Currently housing three service-oriented tenants—T-Mobile, MyEyeDr., and Trek Bicycle Store—the center enjoys 100% occupancy and a strong 6.66% cap rate. The property benefits from its strategic location across from the Ballantyne Corporate Park, a thriving mixed-use development encompassing 4.5 million square feet of Class A office and medical space, hotels, parks, and the vibrant Bowl at Ballantyne dining and retail district. Exceptional demographics, with average household incomes exceeding $150,000 (40% above the Charlotte average), and projected 6% growth, further enhance the investment potential. Below-market rents and ease of management with long-term tenants (all present since construction) contribute to a stable and attractive cash flow. This is a rare opportunity to acquire a well-positioned, high-performing retail asset in a rapidly growing market. The property features three units and is offered at $4,500,000. Parcel number is 223-231-47.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8424
- Latitude
- 35.0722
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$28,417
$2,707,300
$1,166,800
$3,874,100
-
$2,707,300
$1,166,800
$3,874,100
