5226 Independence BlvdCharlotte, NC 28212

Property Details for 5226 Independence Blvd

Year built

2020

Lot size

0.99 AC

Property size (Sq ft)

2,266 SF

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

16303258

APU

16303258

Description

This exceptional 2,266 square foot retail space, located at 5226 E Independence Blvd in Charlotte, NC, presents a unique opportunity for businesses seeking a prominent location. Built in 2020, this Class B property boasts a spacious layout ideal for a variety of retail uses. The entire building is currently vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. Situated on a generous 0.99-acre lot, the property provides ample space for customer parking and potential expansion. The address, 5226 E Independence Blvd, places the property in a high-traffic area of Charlotte, within Mecklenburg County, ensuring excellent visibility and accessibility. The property's 2020 construction ensures modern amenities and efficient design. This is a street retail space, offering direct street frontage and high visibility for maximum customer engagement. The property is classified as a multi-tenant building, although currently fully vacant, presenting a blank canvas for a single large tenant or the opportunity to subdivide for multiple smaller businesses. This prime location in Charlotte, combined with the property's size and modern construction, makes it an attractive investment for discerning businesses. The property is zoned for commercial use. Contact us today to learn more about this exceptional retail opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $897,569

  6.5%

  $828,525

  7%

  $769,345

• Comparable approach

  Method

  Valuation

  Relative Method

  $966,986

  Geo Method

  $966,986

• Alternative Use

  Use

  Valuation

  Residential

  $698,892

  Hospitality

  $640,181

  Educational

  $532,623

  Medical

  $550,941

  Retail

  $828,525

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1869

Longitude

-80.7603

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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