Charlotte · Commercial sale
Novant Properties buys 5 parcels in Charlotte for $12.75 million
A group of 5 parcels including 322 Lamar Ave, Charlotte sold for $12,750,000 on August 31, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $12,750,000
- Recorded
- August 31, 2026
- Property type
- Group of 5 parcels
A group of 5 parcels including 322 Lamar Ave in Charlotte sold for $12,750,000, nearly three times the $4,400,000 price from the most recent earlier sale on record in 2019. The transfer tax paid on a special warranty deed recorded August 31, 2026 with the Mecklenburg County Register of Deeds indicates the price, according to the Mecklenburg County Assessor.
Novant Properties LLC purchased the parcels, as listed in the recorder's index.
What this sale costs to close
What does closing cost at this price? Under Mecklenburg County custom the seller's larger charges are $25,500 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $12,660,492 before brokerage commissions and any loan payoff. A cash buyer would need about $12,709,333 at closing.
Source: Mecklenburg County Assessor, parcel sales, document 40687-723. 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.
