Charlotte · Commercial sale
D & M Mart buy 8517 N Tryon St in Charlotte for $8.15 million
A hotel at 8517 N Tryon St, Charlotte sold for $8,150,000 on September 25, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $8,150,000
- Recorded
- September 25, 2026
- Property type
- Hotel
- Building area
- 43,948 sq ft
- Price per sq ft
- $185
- Year built
- 1997
A hotel at 8517 N Tryon St in Charlotte sold for $8,150,000, according to the Mecklenburg County Assessor. That is the price shown by the transfer tax paid on a special warranty deed recorded September 25, 2026 with the Mecklenburg County Register of Deeds.
The recorder's index lists D & M Mart LLC and Vertex Land Group LLC as the buyer.
The Assessor's records show 43,948 square feet of building area, a build year of 1997 and a 1.59-acre lot. At that size the price works out to $185 per square foot. The market value on record is $6,791,400. The sale price is 20% above that. The last sale before this one on record was $6,000,000 in 2015. This price is 36% above that.
This summary was generated automatically from public sales records. 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 $16,300 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 $8,088,474. 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 $8,120,755 at closing. That covers the full price and closing costs.
Source: Mecklenburg County Assessor, parcel sales, document 40740-338. 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.
