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    FOR SALE
    Warehouses

    2229 N Davidson St, Charlotte, NC 28205

    10,665 SF 0.42 ac lot Built 1946
    Entity Owned 18-yr Hold ~ Est. High Equity
    Property ID
    US53-5312722
    Property summary
    AI-generated overview

    This exceptional 11,500-square-foot retail space is ideally situated at 2229 N Davidson St in Charlotte, North Carolina's vibrant NoDa Arts District. The property boasts a single-tenant occupancy and sits on a sizable 0.426-acre lot, offering ample space and potential for a variety of commercial uses. Currently entirely vacant, this presents a unique opportunity for a business seeking high visibility in a thriving area. The TOD-NC zoning allows for a range of development options, making it suitable for a diverse array of retail concepts. Located in Mecklenburg County, the property benefits from excellent accessibility, with close proximity to the Lynx Blue Line light rail, ensuring convenient commuting for employees and customers alike. The NoDa Arts District itself is known for its vibrant arts and culture scene, featuring numerous breweries, art galleries, and live music venues, creating a dynamic and attractive environment for businesses. This property offers a rare chance to establish a presence in one of Charlotte's most sought-after neighborhoods. The substantial square footage and prime location make this an exceptional investment opportunity for discerning businesses seeking a high-impact presence in a rapidly growing area. The property's size and location within the NoDa Arts District offer significant potential for growth and success.

    Property profile
    Verified
    Property type Warehouses
    Use group WAREHOUSE, STORAGE
    Year built 1946
    Total area 10,665 SF
    Lot 0.42 ac (18,498 SF)
    Zoning code TOD-NC
    APN 8305311
    UPID US53-5312722
    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
    • NoDa Brewing Company - The OG Hotel & Motel Resort
    • International Fiber Professional Services
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.29M
    Owner & transaction history
    Charlotte Industrial LLC · 18 yrs held
    Charlotte Industrial LLC
    since 2008
    1 recorded transaction
    2008
    $525,000
    Zoning & alternative use
    TOD-NC · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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