Charlotte · Commercial sale
Commercial property at 17025 Lancaster Hwy in Charlotte sells for $5.62 million
A commercial property at 17025 Lancaster Hwy, Charlotte sold for $5,620,000 on September 3, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $5,620,000
- Recorded
- September 3, 2026
- Property type
- Commercial property
- Building area
- 10,876 sq ft
- Price per sq ft
- $517
- Year built
- 1982
A commercial property at 17025 Lancaster Hwy in Charlotte sold for $5,620,000, according to transfer tax paid on a special warranty deed recorded September 3, 2026 with the Mecklenburg County Register of Deeds. The sale price is 38% above the market value of $4,067,800 on record with the Mecklenburg County Assessor.
Mecklenburg County purchased the property from the previous owner, according to the recorder's index.
The 10,876-square-foot building on a 7.3-acre lot was constructed in 1982, according to the Assessor's records. At that size, the price works out to $517 per square foot.
What this sale costs to close
What does closing cost at this price? Under Mecklenburg County custom the seller's larger charges are $11,240 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $5,580,007 before brokerage commissions and any loan payoff. A cash buyer would need about $5,603,180 at closing.
Source: Mecklenburg County Assessor, parcel sales, document 40694-676. 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.