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Property profile & analytics
OFF-MARKET Estimated value $1,050,000
Parking lots & garages

7205 Tryon St Charlotte, NC 28262

416,099 SF 8.38 ac lot Built 2015
Entity Owned Absentee Owner Free & Clear
Property ID
US53-3939544
Property summary
AI-generated overview

This exceptional 11,495 square foot commercial property, built in 2018, offers multiple tenancy options in a prime University City location at 7205 N. Tryon Street, Charlotte, NC 28262. Situated near the University City Boulevard Station and boasting excellent visibility from University City Blvd, this space provides unparalleled access to commuters and motorists. The building features a mix of retail and office space, with a minimum divisible space of 1,696 square feet and a maximum contiguous space of 2,472 square feet currently available. A total of 4,168 square feet is currently vacant, presenting a unique opportunity for businesses seeking high-traffic exposure. The property is categorized as traditional office space within a larger commercial development in Mecklenburg County. While retail is the primary intended use, the space is adaptable to accommodate office needs. This modern building offers a strategic location for businesses seeking to capitalize on the high volume of foot and vehicle traffic in this vibrant area. The property's convenient access to public transportation further enhances its appeal. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Parking lots & garages
Use group PARKING GARAGE, PARKING STRUCTURE
Year built 2015
Total area 416,099 SF
Lot 8.38 ac (365,207 SF)
Zoning code TOD-CC
APN 4723111
UPID US53-3939544
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
  • ShipWreck Performance Gym & Fitness Center
  • TFC Barbell Club Gym & Fitness Center
  • University City Blvd Light Rail Station
  • Space212 Art Gallery
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$850k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.26M
Blend (final) Blend
$1.05M
Owner & transaction history
City Of Charlotte North Carolina
City Of Charlotte North Carolina
1 recorded transaction
1969
Price N/A
Zoning & alternative use
TOD-CC · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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