Property profile

428 4th St12a Charlotte, NC 28202

OFF-MARKET
Office Spaces
Property ID
US53-4613703
448 SF 0.35 ac lot Built 1986
Entity Owned 2-yr Hold Free & Clear
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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

Current use

Occupant on record · Public records
  • Physician Medical Clinic
  • Psychotherapist
  • General Contractor Construction Company
  • Gym & Fitness Center
  • Law Firm

Location

428 4th St12a Charlotte, NC 28202-2434
Charlotte metro Census 101 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

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

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
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