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1945 Sharon Amity Rd Charlotte, NC 28205-7921

OFF-MARKET Office buildings Google Maps
898 SF 0.42 ac lot Built 1925
Entity Owned 1-yr Hold Absentee Owner Free & Clear
Estimated value (blended)
$300k
Range $270k – $330k (±10%)
Property ID US53-5597428

Property summary

AI-generated overview

This exceptional .43-acre commercial lot in Charlotte, NC, presents a unique investment opportunity. Located at 1945 N Sharon Amity Rd, this cleared and leveled parcel boasts a prime location near a high-traffic intersection, experiencing approximately 20,000 vehicles daily, ensuring excellent visibility. The property's Office Flex Campus (OFC) zoning offers remarkable versatility, accommodating a wide range of uses. Potential developments include residential (single-family homes, duplexes, hotels), healthcare (medical offices, wellness centers), community spaces (cultural facilities, schools), business and office spaces (office buildings, R&D facilities), retail and entertainment (restaurants, shops), and support services (parking lots). The high daily traffic count and flexible zoning create an unparalleled opportunity for long-term success in a rapidly growing area of Charlotte. The APN is 16110709. This property is priced at $375,000. The land value is estimated between $900,000 and $1,000,000 per square foot. This is a truly exceptional opportunity for developers seeking a high-visibility location with diverse development potential.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1925
Total area 898 SF
Lot 0.42 ac (18,351 SF)
Zoning code O-2
APN 16110709
UPID US53-5597428

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

since 2025
Last sale
$280,000
5 recorded transactions
2025
Price N/A
2025
$280,000
2024
Price N/A
2008
$180,000
2007
Price N/A

Zoning & alternative use

O-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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