Property profile

1429 Central Ave Charlotte, NC 28205

OFF-MARKET
Drive through restaurants
Property ID
US53-1932537
724 SF 0.31 ac lot Built 1950
Entity Owned 8-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 1950
Total area 724 SF
Lot 0.31 ac (13,325 SF)
Zoning code B2
APN 08117511B
UPID US53-1932537

Cap rate & NOI

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

Location

1429 Central Ave Charlotte, NC 28205
Charlotte metro Census 1000 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$265k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k

Owner & transaction history

since 2018
2 recorded transactions
2018
$950,000
2018
$25,000

Zoning & alternative use

B2 · Charlotte, NC

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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