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    Property profile & analytics
    OFF-MARKET Estimated value $1,310,000
    Strip malls

    2601 Tryon St, Charlotte, NC 28206-2727

    9,100 SF 0.71 ac lot Built 1992
    Entity Owned 21-yr Hold Free & Clear
    Property ID
    US53-0981243
    Property summary
    AI-generated overview

    This exceptional 0.977-acre mixed-use site in Charlotte, North Carolina, presents a rare development opportunity. Located at the hard corner of South Tryon Street and Remount Road, this property boasts high visibility and excellent traffic counts, enhanced by two existing curb cuts at a signalized intersection. The site is zoned TOD-UC, allowing for substantial vertical development, ideal for a hotel, luxury apartments, or office space. The property includes two existing modular metal buildings totaling 10,000 square feet, situated on a slab. Its prime location offers easy access to South End amenities and is conveniently located just 0.5 miles from the New Bern Light Rail Station. The nearly one-acre lot features excellent dimensions and a desirable hard corner location, making it a truly unique opportunity in a rapidly growing area. The asking price is $9,500,000. The property's address is 2601 S Tryon St, Charlotte, NC 28203, and its APN is 14701185. This is a Class A property with significant potential for a high-impact development project. The site's dimensions and location offer exceptional visibility and accessibility, making it an attractive investment for developers seeking a high-profile project in a thriving urban environment.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1992
    Total area 9,100 SF
    Lot 0.71 ac (30,988 SF)
    Zoning code I-2
    APN 7908810
    UPID US53-0981243
    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
    • Gillespie Barber & Stylist Barber Shop
    • ERW Printing (Bike/Boat/Book/etc) Store Printing Service
    • Tryon Point Beauty Supply (Bike/Boat/Book/etc) Store Cosmetic Store
    • The Kuztom Shop Auto Repair Shop
    • Dent Press Auto Repair Shop
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.31M
    Owner & transaction history
    Jks Management LLC · 21 yrs held
    Jks Management LLC
    since 2005
    1 recorded transaction
    2005
    Zoning & alternative use
    I-2 · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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