Charlotte · Commercial sale
CTO24 Carolina buys 9807 South Blvd in Charlotte for $2 million
A restaurant at 9807 South Blvd, Charlotte sold for $2,000,000 on September 30, 2026. See the seller and buyer net sheets for this sale.
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- Sale price
- $2,000,000
- Recorded
- September 30, 2026
- Property type
- Restaurant
- Building area
- 6,159 sq ft
- Price per sq ft
- $325
- Year built
- 1995
The restaurant at 9807 South Blvd in Charlotte sold for $2,000,000, 34% below its recorded market value. The Mecklenburg County Assessor lists that value at $3,047,900.
The Mecklenburg County Assessor says the price is shown by transfer tax paid on a special warranty deed. The deed was recorded September 30, 2026 with the Mecklenburg County Register of Deeds. The recorder's index lists CTO24 Carolina LLC as the buyer.
The Assessor's records show 6,159 square feet of building area, a 1.09-acre lot and a build year of 1995. The price works out to $325 per square foot. The last sale on record was $3,325,000 in 2016.
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 $4,000 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 $1,984,436. 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 $1,994,577 at closing. That covers the full price and closing costs.
Source: Mecklenburg County Assessor, parcel sales, document 40751-679. 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.
