4.8 acre Industrial near 485, 85 Charlotte 2 Lots 31000 sq

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4.8 acre Industrial near 485, 85 Charlotte 2 Lots 31000 sq

Charlotte, NC 28214
Asking Price
$3.50M
Asset Type
Industrial
Class
Class B

What's Special

Strategically positioned in Charlotte, North Carolina, this 4.8-acre industrial opportunity consists of two adjacent lots totaling 31,000 square feet of existing space. The property is located within a primary logistics corridor, providing immediate connectivity to the I-485 outer beltway and the I-85 interstate. The surrounding neighborhood is characterized by established distribution centers, manufacturing facilities, and commercial support services. Its proximity to the Charlotte Douglas International Airport and major regional freight routes offers efficient transit options for businesses requiring high-frequency transport access. The site is suited for industrial applications including regional distribution, light manufacturing, or fleet maintenance operations. The expansive acreage provides ample area for exterior equipment storage, trailer parking, or potential future facility expansion. Typical tenants for this profile include third-party logistics providers, specialized contractors, and wholesale distributors seeking a central hub within the Charlotte metropolitan area. The dual-lot configuration allows for operational flexibility or multi-tenant occupancy consistent with local industrial zoning.

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NOI
$80,000
Cap Rate
2.29%
DSCR
0.38
Underwater
Cash-on-Cash
-12.17%
Monthly Payment
$17,316.09
Annual Cash Flow
$-127,793.084

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