Property summary
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
VerifiedCap rate & NOI
Current use
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Barber Shop
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(Bike/Boat/Book/etc) Store Printing Service
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(Bike/Boat/Book/etc) Store Cosmetic Store
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Auto Repair Shop
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
I-2 · Charlotte, NCZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for I-2 in Charlotte, NC.
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Find the owner behind the property.
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