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Property summary
This exceptional 6,226 square foot commercial building is situated on a 0.32-acre corner lot at the intersection of Caswell Road and 5th Street in Charlotte, North Carolina's vibrant Midtown area. Its strategic location places it within a major medical corridor, boasting proximity to Novant Health Presbyterian Medical Center, Presbyterian Hospital, Charlotte Orthopedic Hospital, and Mercy Hospital. The property benefits from its position in the dynamic Elizabeth neighborhood, offering… convenient access to a grocery store, diverse restaurants, and Central Piedmont Community College. Public transportation is readily available via the LYNX Gold Line's Hawthorne and 5th Station, within walking distance. The building comprises three suites. Suite 301, encompassing a significant portion of the total square footage, has undergone a complete renovation and is currently vacant, presenting a unique opportunity for immediate occupancy or customization. Suites 305 and 307 are currently leased, with Suite 307 operating under a month-to-month agreement. The property's commercial zoning is flexible, accommodating a wide range of uses including retail, office, medical facilities, restaurants, and pharmacies. This presents a compelling investment opportunity for a diverse range of businesses seeking a high-visibility location in a thriving urban setting. The asking price for this property is $2,500,000.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records and 7 qualifying comparable sales.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight