2732 Wilkinson BlvdCharlotte, NC 28208

Property Details for 2732 Wilkinson Blvd

Year built

1947

Lot size

0.49 AC

Property size (Sq ft)

644 SF

Zone code

B-2

Property type

Retail properties

Property subtype

Turn key restaurants

APN

6706410

APU

6706410

Description

This exceptional 0.551-acre commercial land parcel is strategically located in Charlotte, North Carolina, at 2732 Wilkinson Blvd, in Mecklenburg County, zip code 28208. Offered at $1,100,000, this property presents a compelling investment opportunity for various retail ventures. Its location just outside of Uptown Charlotte ensures high visibility and accessibility. The site is well-suited for a range of uses, including fast-food restaurants, express oil change facilities, auto detailing businesses, or car washes. The property's convenient location and ample space make it an attractive option for entrepreneurs seeking a high-traffic area. Please note that a slight easement exists on the east side of the property to accommodate drainage. This detail is clearly indicated in the property documentation and should be considered during the due diligence process. The property's coordinates are 35.2244478 latitude and -80.8871755 longitude. This prime location offers significant potential for growth and return on investment. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $221,198

  6.5%

  $204,183

  7%

  $189,598

• Comparable approach

  Method

  Valuation

  Relative Method

  $274,818

  Geo Method

  $274,818

• Alternative Use

  Use

  Valuation

  Residential

  $172,236

  Hospitality

  $157,767

  Educational

  $131,260

  Medical

  $135,775

  Retail

  $204,183

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2245

Longitude

-80.8869

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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