Park Bridge Loso buys 4125 Yancey Rd in Charlotte for $8.4 million

At $8,400,000, the restaurant sold for 6 times its last recorded price. The Mecklenburg County Assessor lists that earlier sale at $1,400,000 in 2015.

The restaurant at 4125 Yancey Rd in Charlotte sold for $8,400,000, according to the Mecklenburg County Assessor. The recorder's index lists Park Bridge Loso LLC as the buyer. A special warranty deed was recorded September 24, 2026, with the Mecklenburg County Register of Deeds. The Assessor says the transfer tax paid on the deed shows the sale price.

Assessor records show 17,434 square feet of building area, a build year of 1963 and a 1.18-acre lot. At that size, the price works out to $482 per square foot. The recorded market value is $3,979,300, and the sale price is 2.1 times that.

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 $16,800 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 $8,336,770. 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 $8,369,951 at closing. That covers the full price and closing costs.

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