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Property profile

1401 Central Ave Charlotte, NC 28205

OFF-MARKET
Retail space
Property ID
US53-5741683
18,660 SF 0.7 ac lot Built 1962
Last sale Jul 2024 · $13,975,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

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…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$42k
Tax billed · 2023
Assessed value · 2024$5.69M
Assessed land$2.75M
Assessed improvement$2.95M
Effective rate0.73%

Value estimate

· Oct 2026
$13.98M
$12.58M – $15.37M
AI approach$13.98M

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$272/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$145 – $383
Qualifying comparables3

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-2
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply33.3
Auto Repair Shop29.4
Auto Parts Store25.6

Location

1401 Central Ave Charlotte, NC 28205-5143
County assessor Recorded deeds · 8 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
4335 Monroe, Charlotte, NC 28205-7711 $2,400,000 Jan 2026 12,178 SF
424 36th, Charlotte, NC 28205-1010 $3,505,000 Aug 2025 8,019 SF
2306 Central, Charlotte, NC 28205-5208 $4,000,000 May 2025 5,730 SF
2825 Central, Charlotte, NC 28205-5359 $1,400,000 Nov 2024 7,880 SF
1508 Central, Charlotte, NC 28205-5014 $3,570,000 Apr 2024 6,573 SF
4115 Monroe, Charlotte, NC 28205-7707 $3,200,000 Apr 2024 18,167 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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