Property profile

1920 Commonwealth Ave Charlotte, NC 28205

OFF-MARKET
Office buildings
Property ID
US53-5826008
1,324 SF 0.17 ac lot Built 1939
Entity Owned 11-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1939
Total area 1,324 SF
Lot 0.17 ac (7,532 SF)
Zoning code B-2
APN 8117617
UPID US53-5826008

Cap rate & NOI

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

Location

1920 Commonwealth Ave Charlotte, NC 28205-5020
Charlotte metro Census 1100 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$405k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 2014
4 recorded transactions
2014
$950,000
2014
Price N/A
2003
$185,000
1998
Price N/A

Zoning & alternative use

B-2 · 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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