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Property profile & analytics
OFF-MARKET
Warehouses

1221 Thomas Ave Charlotte, NC 28205-5043

3,732 SF 0.17 ac lot Built 1948
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US53-1190825
Property summary
AI-generated overview

This exceptional 3,200 square foot freestanding commercial property, located at 1221 Thomas Avenue in Charlotte, North Carolina's vibrant Plaza Midwood neighborhood, presents a unique investment opportunity. Built in 1948 and extensively renovated in 2016, this single-story building sits on a 0.167-acre lot (APN 08117642) and offers flexible zoning (NC | Neighborhood Center) suitable for a variety of uses, including office, retail, restaurant, or boutique spaces. The property boasts high visibility and excellent access, situated near major thoroughfares such as Central Avenue, Pecan Avenue, and Independence Boulevard, ensuring high traffic exposure and convenient access for employees and customers. The building features dedicated, secured parking and is fully climate-controlled. Its prime location within a thriving area, characterized by a strong mix of residential and commercial developments, makes it an ideal choice for businesses seeking a prominent presence in one of Charlotte's most desirable neighborhoods. The property is classified as Class B and is offered as an owner/user investment. This is a rare opportunity to acquire a well-maintained, versatile commercial space in a highly sought-after location. The net rentable square footage is 3,200 square feet.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1948
Total area 3,732 SF
Lot 0.17 ac (7,302 SF)
Zoning code B-2
APN 8117642
UPID US53-1190825
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
  • WhirlyPig Design Corporate Office
  • C & G Tree Care Inc. Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Nickel Re Holdings LLC
Nickel Re Holdings LLC
since 2025
4 recorded transactions
2025
$2.0M
1996
$105,000
1996
$105,000
1989
$63,000
Zoning & alternative use
B-2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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