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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$721,390
6.5%
$665,898
7%
$618,334
Comparable approach
Method
Valuation
Relative Method
$399,073
Geo Method
$399,073
Alternative Use
Use
Valuation
Industrial / Distribution
$1,323,870
Mixed-Use / Specialty
$653,301
Hospitality / Lodging
$465,996
Office
$638,772
Institutional / Educational
$675,516
Residential Income
$790,354
Multifamily
$1,004,580
Automotive / Energy
$579,014
Parking / Income-Based Land
$209,911
Restaurant / Food Service
$317,969
Healthcare / Senior Housing
$680,432
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
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Independence Blvd Charlotte, NC 28212
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Independence Blvd Charlotte, NC 28212
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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