2710 Brevard StCharlotte, NC 28205

Property Details for 2710 Brevard St

Year built

1972

Lot size

0.09 AC

Property size (Sq ft)

480 SF

Zone code

TOD-NC

Property type

Retail space

APN

8306911

APU

8306911

Description

This exceptional commercial property, located at 2710 N. Brevard St in Charlotte, North Carolina's vibrant Noda neighborhood, offers a unique investment opportunity. The property encompasses approximately 0.965 acres and includes a 480-square-foot building currently operating as a restaurant. The site benefits from a TOD-NC zoning designation, with one parcel zoned O-1 CD, allowing for a variety of development possibilities, including multifamily and mixed-use projects. Its prime location within the historic arts and entertainment district of Noda provides excellent walkability to numerous multifamily developments, retail establishments, restaurants, and the Lynx Light Rail station. Furthermore, its proximity to Segment 5 of the Cross Charlotte Trail and the future Queens Park enhances its appeal. The property's convenient access to Uptown Charlotte and major interstates adds to its strategic advantage. The property's APN numbers are 08306911

• CAP approach

  CAP return

  Valuation

  6%

  $190,129

  6.5%

  $175,504

  7%

  $162,968

• Comparable approach

  Method

  Valuation

  Relative Method

  $204,834

  Geo Method

  $204,834

• Alternative Use

  Use

  Valuation

  Residential

  $148,044

  Hospitality

  $135,608

  Educational

  $112,824

  Medical

  $116,704

  Retail

  $175,504

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2453

Longitude

-80.8114

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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