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Property profile & analytics
OFF-MARKET
Office Spaces

428 4th St12a Charlotte, NC 28202-2434

448 SF 0.35 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
Property ID
US53-4613703
Property summary
AI-generated overview

This exceptional single-tenant office space, totaling 2,664 square feet, is ideally situated in the heart of Charlotte's vibrant Downtown submarket at 428 E 4th St, Charlotte, NC 28202. The property is classified as a Traditional Office space within a larger building, offering a unique opportunity for businesses seeking a prominent location. The entire space is currently vacant, presenting a blank canvas for customization to perfectly suit a new tenant's specific needs and operational requirements. With its central location, this property offers unparalleled access to a wealth of amenities, including restaurants, retail establishments, and public transportation. The address, 428 E 4th St, provides excellent visibility and accessibility for clients and employees alike. This is a for-sale opportunity, perfect for owner-occupiers or investors seeking a strong foothold in Charlotte's thriving commercial real estate market. The property's size makes it suitable for a variety of businesses, from small startups to established companies seeking a strategic downtown presence. The building's classification as "Special Purpose" in addition to "Office" suggests potential for unique uses, subject to city regulations and approvals. This is a rare chance to acquire a fully vacant, single-tenant office space in a highly desirable downtown location. Serious inquiries are encouraged.

Property profile
Verified
Property type Office Spaces
Use group CONDOMINIUM OFFICES
Year built 1986
Total area 448 SF
Lot 0.35 ac (15,031 SF)
Zoning code UMUD
APN 12502419
UPID US53-4613703
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
  • John W. Hall, PhD, ABPP Physician Medical Clinic
  • Tom Stagg, LCSW Psychotherapist
  • Southern Elevator Group General Contractor Construction Company
  • Flex5 By PetroFitness Gym & Fitness Center
  • Milsaps & Bratton PLLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Mayalinda LLC · 2 yrs held
Mayalinda LLC
since 2024
Last sale
$267,500
5 recorded transactions
2024
$267,500
2022
$225,000
2022
$289,000
2019
$210,000
2015
Price N/A
Zoning & alternative use
UMUD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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