1221 Thomas Ave Charlotte, NC 28205-5043
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.
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WhirlyPig Design Corporate Office
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C & G Tree Care Inc. Landscaping General Contractor
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Charlotte, NCCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.