200 24th St Charlotte, NC 28206-2607
This 10,520-square-foot warehouse in Charlotte, North Carolina, is available for $1,550,000 ($147 per square foot). The property sits on approximately 0.55 acres and is zoned Heavy Industrial (ML-2), located within an Opportunity Zone. The building comprises 9,211 square feet of warehouse space and 1,309 square feet of office space. Access is provided by one drive-in door, one dock-high door, and one van-high door. The property is currently vacant. It's important to note that previous inspections revealed structural issues. The asking price has been adjusted to reflect the estimated cost of necessary repairs. Detailed structural engineering reports, construction cost estimates for repairs, environmental studies, and surveys are available upon request. The seller intends to donate a portion of the proceeds from the sale to a non-profit organization at closing; further details are available. This presents a unique redevelopment opportunity in a prime Charlotte location. The property's zoning and location within an Opportunity Zone offer significant potential for investors.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Charlotte, NCCharlotte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.