Property profile

2141 Commonwealth Ave 2143 Charlotte, NC 28205

OFF-MARKET
Commercial land
Property ID
US53-0589379
1,435 SF 0.18 ac lot Built 1941
Entity Owned 7-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Year built 1941
Total area 1,435 SF
Lot 0.18 ac (7,754 SF)
Zoning code MUDD-O
APN 12901210
UPID US53-0589379

Cap rate & NOI

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

Location

2141 Commonwealth Ave, Unit 2143 Charlotte, NC 28205-5125
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
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2018
5 recorded transactions
2018
Price N/A
2018
Price N/A
2016
$435,000
2011
$115,000
2005
Price N/A

Zoning & alternative use

MUDD-O · Charlotte, NC
Zoning description

The Mixed Use Development District encourages mixed use development and its accompanying support commercial and office uses while maintaining a strong emphasis on pedestrian scale, urban development, and amenities, when…

General category MIXED_USE

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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