Property profile

756 Tyvola Rd Charlotte, NC 28217

OFF-MARKET
Office buildings
Property ID
US53-1961263
68,975 SF 7.17 ac lot Built 1980
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

Arcade Square offers 60,000 square feet of move-in ready office and retail space in a convenient Charlotte, NC location. This multi-tenant property is situated at 756 Tyvola Road, 28217, offering exceptional access to Interstate 77. The building features ten available executive office suites ranging in size from 708 square feet to 6,690 square feet, catering to a variety of business needs. The property's prime location on Tyvola Road ensures high visibility and easy accessibility for clients and employees. Arcade Square is an established office park, providing a professional and efficient work environment. The available suites are ready for immediate occupancy, eliminating the need for extensive renovations or build-outs. This presents a unique opportunity for businesses seeking high-quality office space in a thriving Charlotte location with convenient highway access. The diverse suite sizes allow for flexibility in accommodating businesses of varying scales and requirements. Interested parties are encouraged to inquire about available space and lease terms. The property's address is 756 Tyvola Rd, Charlotte, NC 28217.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1980
Total area 68,975 SF
Lot 7.17 ac (312,325 SF)
Zoning code TOD-NC
APN 16910107
UPID US53-1961263

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
  • Employment Agency
  • Insurance Agency
  • Advertising Agency Marketing & Advertising
  • Corporate Office
  • Training Center Tutoring Service

Location

756 Tyvola Rd Charlotte, NC 28217-3588
Charlotte metro Census 3807 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$5.19M
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.18M
Blend (final) Blend
$5.24M

Owner & transaction history

since 2021
Last sale
$4.6M
5 recorded transactions
2021
Price N/A
2021
$4.6M
2015
$2.9M
2015
$3.5M
1996
$2.4M

Zoning & alternative use

TOD-NC · Charlotte, NC
Zoning description

The Transit Neighborhood Center Zoning District is intended for use in existing or future transit station areas and near streetcar stops as a transition from a higher intensity TOD-UC Zoning District to adjacent existing…

General category UNKNOWN

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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