7510 Pineville Matthews RdCharlotte, NC 28226

Property Details for 7510 Pineville Matthews Rd

Year built

2005

Lot size

4.31 AC

Property size (Sq ft)

54,693 SF

Zone code

MUDDO

Property type

Turn key restaurants

APN

20924202

APU

20924202

Description

Carmel Village, located at 7510 Pineville Matthews Rd in Charlotte, NC 28226, offers exceptional retail space in Mecklenburg County. This multi-tenant property boasts a total of 49,652 square feet, with immediate availability of 4,855 square feet of vacant space. Units are divisible, with a minimum leasable area of 1,280 square feet and a maximum contiguous space of 3,575 square feet, providing flexibility for various business needs. The property's strategic location in Charlotte offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The property is classified as retail commercial space and presents a unique opportunity for businesses looking to establish or expand their presence in a thriving market. This is a prime opportunity to secure retail space in a well-maintained building within a dynamic commercial area of Charlotte. The property's size and layout offer versatility, accommodating a range of retail concepts. Interested parties are encouraged to inquire about available space and lease terms. The property is situated in a convenient location with easy access to major roadways, ensuring high visibility and accessibility for potential customers. This presents a compelling investment opportunity for businesses seeking a strong presence in the Charlotte market.

• CAP approach

  CAP return

  Valuation

  6%

  $21,725,724

  6.5%

  $20,054,514

  7%

  $18,622,050

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,339,516

  Geo Method

  $23,339,516

• Alternative Use

  Use

  Valuation

  Residential

  $16,916,734

  Hospitality

  $15,495,637

  Educational

  $12,892,188

  Medical

  $13,335,570

  Retail

  $20,054,514

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.0885

Longitude

-80.8458

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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