Property profile

1601 Elizabeth Ave Charlotte, NC 28204

OFF-MARKET
Retail space
Property ID
US53-5836866
8,060 SF 0.23 ac lot Built 1930
Entity Owned 18-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 8,060 SF
Lot 0.23 ac (9,983 SF)
Zoning code MUDD-O
APN 8019705
UPID US53-5836866

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant
  • Real Estate Agency
  • Restaurant

Location

1601 Elizabeth Ave Charlotte, NC 28204-2526
Charlotte metro Census 2500 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.16M

Owner & transaction history

since 2007
3 recorded transactions
2010
Price N/A
2007
Price N/A
2004
$1.8M

Zoning & alternative use

MUDD-O · Charlotte, NC
Zoning description

The Mixed Use Development District encourages mixed use development and its accompanying support commercial and office uses while maintaining a strong emphasis on pedestrian scale, urban development, and amenities, when…

General category MIXED_USE

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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