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

This 4.8-acre industrial site is located in Charlotte, North Carolina, situated near the intersection of the Interstate 485 outer loop and Interstate 85. The surrounding neighborhood is characterized by logistical infrastructure, distribution centers, and light manufacturing facilities. The property consists of two lots totaling approximately 31,000 square feet of existing building space. Its proximity to major highway interchanges provides direct transportation access to the regional freight network and the greater Charlotte metropolitan area. Nearby amenities include essential fuel stations, industrial supply vendors, and quick-service dining options catering to the local workforce. The site is suited for users requiring extensive outdoor storage, fleet parking, or regional distribution capabilities. Ideal use cases include third-party logistics providers, construction trade hubs, or specialized equipment maintenance operations. The typical tenant profile consists of companies seeking a central hub with high connectivity for multi-state transport and last-mile delivery services. The asset's surplus acreage offers flexibility for tenants with large vehicle inventories or those needing extra space for materials staging.

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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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