3910 Tryon StCharlotte, NC 28217

Property Details for 3910 Tryon St

Year built

1960

Lot size

0.43 AC

Property size (Sq ft)

1,426 SF

Zone code

R-5

Property type

Office buildings

APN

14519220

APU

14519220

Description

This exceptional 1,450-square-foot commercial property, located at 3910 S Tryon Street in Charlotte, North Carolina, presents a unique opportunity for a single tenant. Classified as both retail and executive office space, this versatile building sits on a 0.427-acre lot (APN 14519220) in Mecklenburg County (zip code 28217). The entire space is currently vacant and ready for immediate occupancy. Its prime location in the vibrant LoSo neighborhood offers unparalleled access to a thriving community. Enjoy convenient proximity to popular breweries such as Gilde, Red Clay Ciderworks, Olde Mecklenburg Brewery, and Sugar Creek Brewing, as well as the Scaleybark Lightrail station, ensuring easy commutes and convenient access for employees and customers. Furthermore, the property benefits from its adjacency to planned high-end luxury apartments and new multi-family developments, promising a growing customer base and increased property value in the future. This presents an excellent investment opportunity in one of Charlotte's most dynamic and rapidly developing neighborhoods. The property's single-tenant occupancy ensures ease of management and control. Don't miss this chance to establish your business in a highly sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $470,836

  6.5%

  $434,617

  7%

  $403,573

• Comparable approach

  Method

  Valuation

  Relative Method

  $241,479

  Geo Method

  $241,479

• Alternative Use

  Use

  Valuation

  Residential

  $538,926

  Hospitality

  $493,653

  Educational

  $410,713

  Medical

  $424,839

  Retail

  $638,888

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1922

Longitude

-80.8806

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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