9616 Old Statesville RdCharlotte, NC 28269

Property Details for 9616 Old Statesville Rd

Year built

2001

Lot size

2.90 AC

Property size (Sq ft)

7,440 SF

Zone code

I-2(CD)

Property type

Retail properties

Property subtype

Retail space

APN

2719111

APU

2719111

Description

This exceptional 8,400 square foot commercial property, located at 9616 Old Statesville Road in Charlotte, North Carolina, presents a unique investment opportunity. Built in 2000, this single-story building sits on a 3.3-acre lot and is zoned ML-1, offering versatile usage potential. The property is currently vacant and ready for immediate occupancy, making it ideal for a variety of businesses. The building's classification includes both storefront and executive office subtypes, catering to a broad range of commercial needs. The asking price is $1,995,000, and owner financing is a possibility, making this an attractive proposition for qualified buyers. Detailed environmental reports and area plans are available upon request, along with zoning resources including the Unified Development Ordinance (UDO) and zoning translation documents. The property's Assessor's Parcel Number (APN) is 02719111. This prime location in Mecklenburg County, with a zip code of 28269, offers excellent visibility and accessibility. Don't miss this chance to acquire a substantial commercial property in a thriving Charlotte market.

• CAP approach

  CAP return

  Valuation

  6%

  $2,636,599

  6.5%

  $2,433,784

  7%

  $2,259,942

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,174,922

  Geo Method

  $3,174,922

• Alternative Use

  Use

  Valuation

  Residential

  $2,052,988

  Hospitality

  $1,880,526

  Educational

  $1,564,575

  Medical

  $1,618,383

  Retail

  $2,433,784

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.3524

Longitude

-80.8225

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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