2522 The Plz, Charlotte, NC 28205-2408
This exceptional 0.44-acre commercial property, located at 2522 The Plaza in Charlotte, North Carolina's vibrant Plaza Midwood neighborhood, presents a unique investment opportunity. Currently operating as a month-to-month leased tire store, the property boasts a rich history, having previously served as a gas station. All underground fuel tanks have been removed, opening the door to a wide array of potential uses. The General Commercial zoning allows for significant flexibility in redevelopment or continued operation as a retail space. Plaza Midwood is renowned for its eclectic atmosphere, blending historic charm with a trendy, modern feel. The area is characterized by its diverse mix of shops, restaurants, and entertainment venues, attracting both residents and visitors alike. This high-traffic location offers excellent visibility and accessibility, making it an ideal site for a variety of businesses. The asking price is $1,200,000. This property's prime location and versatile zoning make it a compelling investment in a rapidly growing and desirable area of Charlotte. The existing lease provides immediate income potential while allowing for future development plans. Don't miss this chance to acquire a piece of Charlotte's thriving commercial landscape.
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Up Town Car Wash
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CHAMOS Grill Restaurant
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Low-Cost Tires (Bike/Boat/Book/etc) Store Auto Parts Store
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Value tires (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R-5 · Charlotte, NCCharlotte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.