Property profile

821 1st St Charlotte, NC 28202

OFF-MARKET
Turn key restaurants
Property ID
US53-1705339
5,850 SF 0.79 ac lot Built 1928
Individually Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1928
Total area 5,850 SF
Lot 0.79 ac (34,374 SF)
Zoning code MUDD-O
APN 7324216
UPID US53-1705339

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
  • Cafe & Coffee Shop

Location

821 1st St Charlotte, NC 28202-1002
Charlotte metro Census 501 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$410k
CAP Approach CAP
by Request
Comparable Approach Comparable
$909k
Blend (final) Blend
$660k

Owner & transaction history

Zoning & alternative use

MUDD-O · Charlotte, NC
Zoning description

The Mixed Use Development District encourages mixed use development and its accompanying support commercial and office uses while maintaining a strong emphasis on pedestrian scale, urban development, and amenities, when…

General category MIXED_USE

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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