Property profile

5542 Tryon St Charlotte, NC 28213

OFF-MARKET
Auto shops
Property ID
US53-0457333
2,646 SF 1.04 ac lot Built 1973
Entity Owned 3-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1973
Total area 2,646 SF
Lot 1.04 ac (45,520 SF)
Zoning code TOD-TR
APN 9711105
UPID US53-0457333

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
  • Auto Repair Shop

Location

5542 Tryon St Charlotte, NC 28213-7120
Charlotte metro Census 5306 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.17M
Blend (final) Blend
$1.50M

Owner & transaction history

since 2022
Last sale
$1.5M
7 recorded transactions
2022
$1.5M
2022
Price N/A
2022
Price N/A
2021
Price N/A
2021
Price N/A
2011
Price N/A
2009
$900,000

Zoning & alternative use

TOD-TR · Charlotte, NC
Zoning description

The Transit Transition Zoning District is appropriate for parcels near moderate-intensity rapid transit stations and streetcar stops to transition from higher intensity Transit Oriented Development Zoning Districts to ad…

General category RESIDENTIAL
Top alternative use upside
Commercial (general) $1.8M +165.1%
Medical building $1.1M +54.7%
Office building $955,000 +38.9%

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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