Property profile

217 Tremont Ave Charlotte, NC 28203

OFF-MARKET
Office buildings
Property ID
US53-5372654
5,040 SF 0.17 ac lot Built 2009
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Total area 5,040 SF
Lot 0.17 ac (7,318 SF)
Zoning code TOD-UC
APN 12105503
UPID US53-5372654

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
  • Construction Company General Contractor

Location

217 Tremont Ave Charlotte, NC 28203-5021
Charlotte metro Census 3402 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.46M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.99M
Blend (final) Blend
$4.38M

Owner & transaction history

since 2023
Last sale
$4.0M
6 recorded transactions
2023
$4.0M
2018
$2.0M
2018
Price N/A
2007
$319,500
1969
Price N/A
1969
Price N/A

Zoning & alternative use

TOD-UC · Charlotte, NC
Zoning description

The Transit Urban Center Zoning District is appropriate for parcels near high-intensity rapid transit stations and streetcar stops

General category UNKNOWN
Top alternative use upside
Commercial (general) $3.5M +31.4%
Restaurant $3.2M +21.6%

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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