Charlotte · Commercial sale
Pressley Property buys 1010 Pressley Rd in Charlotte for $11.88 million
An industrial building at 1010 Pressley Rd, Charlotte sold for $11,880,000 on September 30, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $11,880,000
- Recorded
- September 30, 2026
- Property type
- Industrial building
- Building area
- 61,378 sq ft
- Price per sq ft
- $194
- Year built
- 1973
The industrial building at 1010 Pressley Rd sold for $11,880,000, according to the Mecklenburg County Assessor. That is 93% above the $6,145,100 market value in the Assessor’s records.
A special warranty deed recorded September 30, 2026, with the Mecklenburg County Register of Deeds shows the transfer tax paid. The recorder’s index lists Pressley Property LLC as the buyer.
The Assessor’s records show 61,378 square feet of building area, a 4.01-acre lot and a build year of 1973. The price works out to $194 per square foot. The last sale on record was $10,900,000 in 2021.
This summary was written by AI from public sales records and checked by automated rules. The figures come from the record and the NetSheet.org rules engine. How we make these.
What were the closing costs in Mecklenburg County?
By our estimate, the seller's two largest charges, not counting prorations, were $23,760 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. Who pays what follows Mecklenburg County custom.
How much did the seller net?
By our estimate, the seller netted about $11,789,253. That is before any broker commissions and any loan payoff.
How much cash did the buyer bring to closing?
A cash buyer would need about $11,834,962 at closing. That covers the full price and closing costs.
Source: Mecklenburg County Assessor, parcel sales, document 40749-657. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Mecklenburg County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
