Property profile

400 Martin Luther King Blvd Charlotte, NC 28202

OFF-MARKET
Parking lots & garages
Property ID
US53-1731046
894,108 SF 4.51 ac lot Built 2008
Entity Owned 14-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2008
Total area 894,108 SF
Lot 4.51 ac (196,543 SF)
Zoning code UMUDO
APN 12506301
UPID US53-1731046

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

400 Martin Luther King Blvd Charlotte, NC 28202-2343
Charlotte metro Census 101 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.86M

Owner & transaction history

since 2011
2 recorded transactions
2011
Price N/A
2011
Price N/A

Zoning & alternative use

UMUDO · Charlotte, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 400 Martin Luther King Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message