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Property profile & analytics
OFF-MARKET Estimated value $4,635,000
Warehouses

933 Louise Ave Charlotte, NC 28204-2147

53,185 SF 2.98 ac lot Built 1945
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US53-1299729
Property summary
AI-generated overview

The Sugar Mill, a beautifully redeveloped 69,726 square foot mixed-use property in vibrant Plaza Midwood, offers exceptional retail, restaurant, and special purpose spaces. Originally a Kellogg's food manufacturing facility, this 1945 building has been thoughtfully transformed, retaining its industrial charm while providing modern amenities. High ceilings and a striking bow truss roof are just some of the architectural details that create a unique atmosphere. Multiple tenancy options are available, with spaces ranging from a minimum of 1,500 square feet to a maximum contiguous space of 15,938 square feet. On-site surface parking adds convenience for both tenants and customers. This prime location boasts a thriving community and is already home to a diverse mix of successful businesses, including Hygge Coworking, Sandwich Max, Royal Tot, and BATL Axe Throwing. Whether you're seeking a restaurant space, a retail outlet, or a unique office environment, the Sugar Mill presents a rare opportunity to establish your business in one of Charlotte's most desirable neighborhoods. Contact us today to explore the available spaces and discover the potential of this iconic property.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1945
Total area 53,185 SF
Lot 2.98 ac (129,809 SF)
Zoning code MUDD-O
APN 8111502
UPID US53-1299729
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
  • Core Design Inc IT Consulting Firm
  • Knowmad Marketing & Advertising
  • Sealevel Agency LLC Marketing & Advertising (Bike/Boat/Book/etc) Store
  • qube11 Construction Company General Contractor
  • New Covenant AME Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.96M
Blend (final) Blend
$4.64M
Owner & transaction history
933lap LLC · 2 yrs held
933lap LLC
since 2024
7 recorded transactions
2024
$11.0M
2021
Price N/A
2018
Price N/A
2017
$1.6M
2017
Price N/A
2017
Price N/A
2014
$600,000
Zoning & alternative use
MUDD-O · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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