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    2417 Tryon St Charlotte, NC 28206-2742
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    Property profile & analytics

    2417 Tryon St Charlotte, NC 28206-2742


    • Strip malls
    • 11,200 SF
    • 0.85 lot acres
    Off-Market
    Last Sale Oct 16, 2024
    $5,000,000
    Property ID
    US53-1063355
    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
    $5,000,000
    Show details
    Cap Rate Potential
    4.3%
    Strip malls
    Location Intelligence

    Current Use by Public Records

    • One Stop Food Store  / Grocery & Convenience Store
    • TOP TIGER TEAM BOXING / Gym & Fitness Center / Sports School

    Property Details for 2417 Tryon St

    Year built
    1989
    Lot size
    0.85 lot acres
    Property size
    11,200 SF
    Zone code
    I-2
    Property type
    Strip malls
    Property subtype
    Shopping centers
    APN
    7908704
    APU
    7908704

    Description

    This exceptional 11,200-square-foot traditional office building is situated in Charlotte's vibrant North End submarket, at 2417 N Tryon St, conveniently located near W 28th St. The single-story building offers multiple tenancy options, ideal for a variety of businesses. Its prime location provides easy access to popular neighborhoods like NoDa and Optimist Park, catering to a large pool of potential clients. The property boasts convenient entrances and exits on both N Tryon St and W 28th St, ensuring high visibility and accessibility. This location is particularly well-suited for businesses providing neighborhood services, such as dental practices, salons, mobile providers, or medical offices. The property benefits from its position within one of Charlotte's most dynamic multifamily corridors. Within a 1.5-mile radius, over 3,000 multifamily units have been completed in the last five years, with an additional 2,000 units currently under construction or planned. Extensive renovations are slated for completion in the first quarter of 2025, ensuring a modern and updated space for tenants. This presents a unique opportunity to secure a well-positioned property in a rapidly growing area of Charlotte, Mecklenburg County, NC (zip code 28206). Contact us for pricing and availability.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $5,000,000
      ML approach
      $5,000,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,605,000
      6.5%
      $3,325,000
      7%
      $3,090,000
    • Alternative Use

      Use
      Estimation
      NEIGHBORHOOD: SHOPPING CENTER
      $3,350,000
      Current use
      COMMERCIAL (GENERAL)
      $7,735,000
      Change: +131% Conversion: Easy
      RESTAURANT
      $7,160,000
      Change: +114% Conversion: Difficult
      MEDICAL BUILDING
      $4,515,000
      Change: +35% Conversion: Difficult
      RETAIL STORES
      $3,630,000
      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
    -80.8185
    Latitude
    35.2471
    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
    $11,018
    $799,000
    $703,100
    $1,502,100
    -
    $799,000
    $703,100
    $1,502,100
    More about this property
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