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Property profile & analytics
FOR SALE
Manufacturing properties

2201 N Davidson St Charlotte, NC 28205

5,459 SF 1.15 ac lot Built 1947
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US53-1465331
Property summary
AI-generated overview

This exceptional 1.16-acre commercial land parcel presents a remarkable development opportunity in Charlotte's vibrant Noda neighborhood. Situated at the highly visible and easily accessible intersection of North Davidson Street and East 25th Street, this property boasts a prime location with excellent visibility and convenient access. The lot is zoned TOD-NC, allowing for a variety of potential uses, making it an ideal investment for developers seeking to capitalize on the area's rapid growth and high demand. Its proximity to the Lynx Light Rail's 25th Street Station provides unparalleled access to public transportation, further enhancing its appeal. The surrounding area is experiencing significant revitalization, with numerous new multi-family residential developments and a thriving mix of retail and restaurant establishments already in place. This strategic location offers developers the chance to create a project that seamlessly integrates into the existing community while benefiting from the area's dynamic energy and future growth potential. The property's APN is 08305309 in Mecklenburg County, North Carolina, and its address is 2201 N Davidson St, Charlotte, NC 28205. This is a rare opportunity to acquire a significant land parcel in a rapidly developing area with exceptional connectivity and a vibrant surrounding environment.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1947
Total area 5,459 SF
Lot 1.15 ac (49,963 SF)
Zoning code I2
APN 8305309
UPID US53-1465331
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
Current use
Occupant on record · Public records
  • Airgas Dry Ice Chemical Plant Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$855k
Comparable Approach Comparable
$985k
Blend (final) Blend
$725k
Owner & transaction history
City Of Charlotte · 7 yrs held
City Of Charlotte
since 2018
1 recorded transaction
2018
$51,500
Zoning & alternative use
I2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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