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Property profile & analytics

1401 Central Ave Charlotte, NC 28205-5143

  • Retail space
  • 18,660 SF
  • 0.70 lot acres
OFF-MARKET
Last Sale
Jul 18, 2024
$13,975,000
Value Estimations
$13,975,000
Show details
Cap Rate Potential
2.2%
Retail space
Location Intelligence
Property ID
US53-5741683
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.

Current Use by Public Records

  • Blue Corona / Internet Marketing Service / Service Establishment
  • Claudia Soria / Wholesaler
  • 2nd STREET Plaza Midwood / Consignment Shop
  • Insomnia Cookies / Dessert Shop
  • Club Pilates Plaza Midwood / Pilates Studio

Property Details for 1401 Central Ave

Year built
1962
Lot size
0.70 lot acres
Property size
18,660 SF
Zone code
B-2
Property type
Retail space
APN
8117506
APU
8117506

Description

This exceptional 1,052 square foot office sublease presents a unique opportunity in the vibrant Plaza Midwood submarket of Mecklenburg County. Located within a Class A, two-story building at 1401 Central Ave., this space boasts a recent 2023 renovation, offering modern amenities within a historically significant structure originally built in 1962. The suite features abundant natural light and exposed ceilings, creating a stylish and productive work environment. One private office is included within the larger space, providing flexibility for individual needs. The building itself is a boutique office/retail building, offering a unique blend of professional and community atmosphere. This sublease offers over four years remaining on the lease term, providing long-term stability for your business. The minimum divisible space is 1,052 square feet, making it ideal for a small to medium-sized business seeking a move-in ready office solution. The total building size is 18,660 square feet, indicating a well-established and thriving community within the building. This is a rare opportunity to secure a high-quality office space in a highly sought-after location. Don't miss out on this chance to establish your business in the heart of Plaza Midwood.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $13,975,000
    ML approach
    $13,975,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Charlotte
County
Mecklenburg
State
North Carolina
Longitude
-80.8148
Latitude
35.2209
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
$41,766
$2,748,200
$2,945,800
$5,694,000
-
$2,748,200
$2,945,800
$5,694,000
More about this property
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