Property profile

2010 Russell Ave Charlotte, NC 28216

OFF-MARKET
Day care centers
Property ID
US53-0057147
1,898 SF 0.17 ac lot Built 1994
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional turnkey daycare facility at 2010 Russell Avenue in Charlotte, NC, presents a unique investment opportunity. Spanning approximately 1,900 square feet on a 0.33-acre lot, this property is fully equipped and ready for immediate operation. Previously licensed for 39 children, the facility boasts a convenient location, attracting families due to its proximity to public transportation and several schools – two elementary schools, a middle school, and a high school are all within a mile. The property includes ample on-site parking, ensuring ease of access for both children and staff. Modern security systems are in place, providing peace of mind for parents and operators alike. The facility is fully compliant with all relevant codes and regulations, minimizing any potential start-up hurdles. This is an ideal acquisition for both new daycare operators seeking a fully functional space and experienced investors looking for a stable, high-demand business. The established infrastructure and prime location contribute to significant potential for consistent enrollment and strong returns. This turnkey solution eliminates the lengthy and often costly process of building and licensing a new facility, allowing for a swift and efficient entry into the thriving childcare market. The property is priced at $490,000.

Property profile

Verified
Property type Day care centers
Use group DAY CARE, PRE-SCHOOL
Year built 1994
Total area 1,898 SF
Lot 0.17 ac (7,236 SF)
Zoning code R-8MF(CD)
APN 7505916
UPID US53-0057147

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Training Center Tutoring Service

Location

2010 Russell Ave Charlotte, NC 28216-5051
Charlotte metro Census 4800 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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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
$442,000
6 recorded transactions
2025
Price N/A
2025
$442,000
2025
Price N/A
2014
$122,500
2014
Price N/A
2005
$110,500

Zoning & alternative use

R-8MF(CD) · Charlotte, NC
Zoning description

This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing, this conditional district allow for the e…

General category RESIDENTIAL

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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