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Property profile & analytics
OFF-MARKET Estimated value $5,780,000
Banks

801 Kenilworth Ave Charlotte, NC 28204-2830

3,897 SF 0.77 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US53-2232681
Property summary
AI-generated overview

This exceptional 1.26-acre development opportunity is located in Charlotte's highly sought-after Midtown area, at the intersection of Kenilworth Avenue and Harding Place. The property boasts a recently updated CAC-2 (Community Activity Center-2) zoning designation, permitting by-right development for a wide array of uses, including office, medical office, and apartments up to 120 feet in height. Utilizing the City of Charlotte's Urban Development Ordinance bonus system, an additional 80 feet of height is achievable, potentially allowing for a building up to 200 feet tall. This prime location offers unparalleled access to Uptown Charlotte's robust employment base, including major employers like Wells Fargo, Bank of America, and Duke Energy. Its proximity to the Pearl Innovation District, a $1.5 billion mixed-use development featuring Charlotte's first four-year medical school, further enhances its investment potential. The site's "gateway to Uptown" location provides excellent walkability to numerous restaurants, amenities, and the Morehead neighborhood. Nearby, Atrium Health Carolinas Medical Center (with over 1,100 employees and a recent 1.1 million square foot expansion) and major retail centers like Metropolitan and Midtown Crossing (featuring Target, Best Buy, and more) offer strong supporting demographics. The average household income in the Midtown area is $176,390, reflecting a robust and affluent market. The property includes three addresses: 801 Kenilworth Ave, 1301 Harding Pl, and 1309 Harding Pl, all in Charlotte, NC 28204. The site's total square footage potential ranges from 1,680 to 3,897 square feet, depending on the development plan. The APN numbers are 12521201

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1970
Total area 3,897 SF
Lot 0.77 ac (33,705 SF)
Zoning code O-2
APN 12521201
UPID US53-2232681
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
  • ATM (Wells Fargo Bank) Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.71M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.78M
Owner & transaction history
801 Kenilworth Partners LLC
801 Kenilworth Partners LLC
since 2025
Last sale
$5.9M
6 recorded transactions
2026
Price N/A
2025
Price N/A
2025
$5.9M
2022
$5.5M
2021
$4.0M
2021
Price N/A
Zoning & alternative use
O-2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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