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    2316 Lasalle St Charlotte, NC 28216-4527
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    Property profile & analytics

    2316 Lasalle St Charlotte, NC 28216-4527


    • Turn key restaurants
    • 1,024 SF
    • 0.32 lot acres
    Off-Market
    Last Sale May 13, 2025
    $700,000
    Property ID
    US53-1624077
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $690,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Tropical Goodies / Restaurant

    Property Details for 2316 Lasalle St

    Year built
    1972
    Lot size
    0.32 lot acres
    Property size
    1,024 SF
    Zone code
    B-1
    Property type
    Turn key restaurants
    APN
    6917120
    APU
    6917120

    Description

    This 1,014 square foot, single-story retail building located at 2316 Lasalle St, Charlotte, NC 28216, presents a compelling value-add investment opportunity. Situated on a 0.31-acre lot with ample paved parking, the property boasts prime road frontage on Lasalle Street, benefiting from high traffic counts of 16,000-19,000 vehicles daily at the intersection with Beatties Ford Road. Previously operating as a long-standing family-owned restaurant, the property is zoned CG and offers redevelopment potential for QSR, restaurant, or storefront uses. The property's location within a thriving corridor of University Park redevelopment, near a recently renovated McDonald's, TD Bank, and other established retailers, ensures strong visibility and accessibility. Potential buyers should conduct their own due diligence to verify the possibility of tax incentives through the Charlotte Historic Landmark Commission. The building is classified as Class C and features a single tenancy with a NNN lease type. The asking price is $850,000. This property is an excellent opportunity for owner-users or investors seeking a redevelopment project in a high-growth area of Charlotte.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $655,000
      ML approach
      $700,000
    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $655,000
      Current use
      COMMERCIAL (GENERAL)
      $705,000
      Change: +8% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8556
    Latitude
    35.2631
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $2,028
    $205,300
    $71,200
    $276,500
    -
    $205,300
    $71,200
    $276,500
    More about this property
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