Financial
Distress signals
Property profile

1900 Continental Blvd Charlotte, NC 28273

FOR LEASE
Other warehouses
Property ID
US53-0670254
1,396,936 SF 68.73 ac lot Built 1967
Last sale May 2024 · $97,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The Premier Distribution Center at 1900 Continental Blvd in Charlotte, North Carolina is a distribution/industrial facility built in 1966 with approximately 1,360,000 square feet. The building has undergone recent renovations and is configured to support flexible industrial floorplan layouts. Site features include on-site trailer parking, outdoor storage areas, and convenient access to Interstate 77 and Interstate 485, positioned within an established industrial submarket of Charlotte.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$425k
Tax billed · 2023
Assessed value · 2024$57.92M
Assessed land$5.05M
Assessed improvement$52.87M
Effective rate0.73%

Value estimate

· Sep 2026
$97.00M
$87.30M – $106.70M
AI approach$97.00M
Submarket $/SF estimate$69.75M
NOI build-up
Gross scheduled income$2.62M
Vacancy & credit loss−$459k
Operating expenses−$541k
NOI · 24,032,459.26% cap applied$1.62M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$101/SF
ZIP average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$33 – $158

Cap rate analysis

How does the asset earn?
24,032,459.26%
$1.62M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
I2
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Pawn Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pawn Shop9.6
Convenience Store9.2
Locksmith9.0

Location

1900 Continental Blvd Charlotte, NC 28273
County assessor Recorded deeds · 13 transfers Qualifying comp sales · not on file 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5120 Westinghouse, Charlotte, NC 28273-9637 $10,200,000 Dec 2025 70,896 SF
2001 Continental, Charlotte, NC 28273-6312 $9,787,000 Dec 2024 64,160 SF
12345 Steele Crk, Charlotte, NC 28273-3738 $15,307,530 Aug 2024 138,775 SF
3700 Display, Charlotte, NC 28273-4133 $40,500,000 Feb 2024 464,440 SF
10021 Westlake, Charlotte, NC 28273-3787 $18,750,000 Jan 2024 177,109 SF
440 Westinghouse, Charlotte, NC 28273-5769 $125,000 Sep 2023 111,436 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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