Financial
Distress signals
Property profile

500 Smt Ave Charlotte, NC 28203

OFF-MARKET
Warehouses
Property ID
US53-2629009
12,000 SF 0.45 ac lot Built 1969
Last sale Jan 2021 · $1,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This 200-square-foot Class B commercial kitchen space is located in Charlotte, NC's South End, at 500 W Summit Ave, zip code 28203. The single-tenant property offers a turnkey solution for restaurant owners seeking to expand their business quickly and affordably. Ideal for various concepts, including startups, personal chefs, caterers, food trucks, and established chains, this ghost kitchen boasts a walk-in cooler and large hood. Its prime location benefits from high delivery demand from

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$2.57M
Assessed land$1.37M
Assessed improvement$1.20M
Effective rate0.73%

Value estimate

· Sep 2026
$2.12M
$1.90M – $2.33M
AI approach$2.08M
CAP approach$2.29M
Sales comparison$2.69M

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$284/SF
ZIP average, outlier-cleaned · 25 recorded sales of this use type
Observed band · Q1–Q3$192 – $375
Qualifying comparables8

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
I2
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office14.6
Pharmacy12.9
Auto Parts Store12.7

Location

500 Smt Ave Charlotte, NC 28203-4351
County assessor Recorded deeds · 1 transfer 8 qualifying comp sales Zoning catalog

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 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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