Property profile

124 Fairwood Ave Charlotte, NC 28203

OFF-MARKET
Warehouses
Property ID
US53-1954036
5,810 SF 0.33 ac lot Built 1956
Entity Owned Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1956
Total area 5,810 SF
Lot 0.33 ac (14,582 SF)
Zoning code TOD-UC
APN 14701728
UPID US53-1954036

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

124 Fairwood Ave Charlotte, NC 28203
Charlotte metro Census 3702 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.11M
Comparable Approach Comparable
$503k
Blend (final) Blend
$830k

Owner & transaction history

Zoning & alternative use

TOD-UC · Charlotte, NC
Zoning description

The Transit Urban Center Zoning District is appropriate for parcels near high-intensity rapid transit stations and streetcar stops

General category UNKNOWN

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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