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1414 W Trade St 5,613 SF Retail Building Charlotte, NC 28216 $3,500,000 ($623.55/SF)
Investment Highlights
- Freeway visibility to I-77
- Steps from access to the City Lynx Gold Line - Light Rail
- Signage opportunity
- Walking distance to Uptown Charlotte
Executive Summary
Property is currently rezoned TOD NC. Minimum building height is 16 feet, and maximum height with bonus is 85 feet. Approved city tax credits for affordable housing.
The development standards for the NC and TOD-NC zoning districts are very similar. The primary difference is the TOD-NC district allows for taller buildings than the NC district, a base maximum height of 75’ vs. 65’ and a maximum height with bonus provision of Article 16.3 of 100’ vs. 80’.
Beside the height, the TOD-NC district has stricter design standards in some instances. But districts allow for many of the same uses.
The development standards for the NC and TOD-NC zoning districts are very similar. The primary difference is the TOD-NC district allows for taller buildings than the NC district, a base maximum height of 75’ vs. 65’ and a maximum height with bonus provision of Article 16.3 of 100’ vs. 80’.
Beside the height, the TOD-NC district has stricter design standards in some instances. But districts allow for many of the same uses.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,613 SF
Building Class
C
Year Built
1984
Price
$3,500,000
Price Per SF
$623.55
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.29
Lot Size
0.45 AC
Opportunity Zone
Yes
Zoning
TOD NC - Transit Neighborhood Center
Parking
8 Spaces (1.43 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Freeway Visibility
- Signage
Nearby Major Retailers
Property Taxes
| Parcel Number | 078-187-01 | Improvements Assessment | $355,400 |
| Land Assessment | $657,500 | Total Assessment | $1,012,900 |
Property Taxes
Parcel Number
078-187-01
Land Assessment
$657,500
Improvements Assessment
$355,400
Total Assessment
$1,012,900
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1414 W Trade St
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