1334 Hill RdCharlotte, NC 28210

Property Details for 1334 Hill Rd

Year built

1979

Lot size

0.59 AC

Property size (Sq ft)

11,196 SF

Zone code

B2

Property type

Industrial properties

Property subtype

Other warehouses

APN

17320111

APU

17320111

Description

This exceptional 11,218-square-foot flex industrial property in Charlotte, NC, presents a compelling owner-user opportunity. Located at 1334 Hill Rd, in Mecklenburg County (zip code 28210), this single-building property sits on a 0.59-acre lot and boasts three units, currently 100% occupied. Built in 1979, the property is zoned CG and offers a compelling price per square foot of $176.06, translating to a price per unit of $658,333.33. Its strategic location provides excellent access to major transportation arteries, including the LYNX Blue Line, major interstates, and the Charlotte Douglas International Airport. The property benefits from its proximity to South Boulevard and major corporations with regional distribution hubs, situated within Charlotte's largest industrial submarket. The area demonstrates strong growth, with a 9.2% year-over-year submarket rent increase. The property is ideally positioned within a thriving area, boasting a population of nearly 200,000 within a 5-mile radius. This is a rare chance to acquire a well-located, fully occupied industrial flex space in a high-growth market.

• Alternative Use

  Use

  Valuation

  Residential

  $4,507,317

  Hospitality

  $4,128,678

  Educational

  $3,435,012

  Medical

  $3,553,147

  Retail

  $5,343,352

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1297

Longitude

-80.8743

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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