Property profile

8531 Tryon St Charlotte, NC 28262

OFF-MARKET
Turn key restaurants
Property ID
US53-0721027
5,544 SF 0.92 ac lot Built 1988
Entity Owned 34-yr Hold Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1988
Total area 5,544 SF
Lot 0.92 ac (39,999 SF)
Zoning code B-2(CD)
APN 4721121
UPID US53-0721027

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
  • Restaurant

Location

8531 Tryon St Charlotte, NC 28262-3420
Charlotte metro Census 5536 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$405k

Owner & transaction history

since 1992
1 recorded transaction
1992
$500,000

Zoning & alternative use

B-2(CD) · Charlotte, NC
Zoning description

The purpose of the district is to create and protect business areas for the retailing of merchandise, the provision of professional and business services and, in some cases, wholesaling services to serve a large populati…

General category COMMERCIAL

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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