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Property profile & analytics
OFF-MARKET Estimated value $1,550,000
Industrial properties

200 24th St Charlotte, NC 28206-2607

10,520 SF 0.55 ac lot Built 1995
Entity Owned ~ Est. High Equity
Property ID
US53-1676452
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1995
Total area 10,520 SF
Lot 0.55 ac (23,978 SF)
Zoning code I-2
APN 7909215
UPID US53-1676452
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.65M
Comparable Approach Comparable
$1.83M
Blend (final) Blend
$1.55M
Owner & transaction history
North Church Street Realty LLC
North Church Street Realty LLC
since 2025
7 recorded transactions
2025
$1.5M
2025
Price N/A
2016
Price N/A
2014
Price N/A
1994
$33,000
1994
$5,000
1969
Price N/A
Zoning & alternative use
I-2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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