Property profile

615 Morehead St Charlotte, NC 28202

OFF-MARKET
Retail space
Property ID
US53-1320207
678,293 SF 1.47 ac lot Built 1965
Entity Owned 5-yr Hold Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1965
Total area 678,293 SF
Lot 1.47 ac (63,990 SF)
Zoning code UMUD
APN 12517506
UPID US53-1320207

Cap rate & NOI

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

Location

615 Morehead St Charlotte, NC 28202
Charlotte metro Census 102 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.49M

Owner & transaction history

since 2020
4 recorded transactions
2025
Price N/A
2022
Price N/A
2020
Price N/A
2020
$12.8M

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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