5900 McDaniel Lane

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5900 McDaniel Lane

Charlotte, NC 28213
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

5900 McDaniel Lane is located in the Hidden Valley neighborhood of northeast Charlotte, situated between the Sugar Creek and Tom Hunter areas. The property offers proximity to the North Tryon Street corridor, providing access to diverse retail centers, local dining, and established service businesses. Transportation accessibility is a key feature, as the site is located less than one mile from the I-85 interchange and approximately 1.5 miles from the Tom Hunter light rail station. This location facilitates efficient transit to University City, NoDa, and the Uptown business district. The property is well-suited for industrial storage, vehicle parking, or small-scale commercial development consistent with local zoning. Potential users include logistics firms requiring overflow space, construction companies seeking equipment laydown yards, or developers interested in infill projects. The site typically attracts local business owners or regional contractors who prioritize immediate highway access and a central location within Charlotte’s growing northeastern industrial and commercial sectors. The surrounding landscape consists of a mix of single-family residential properties and light industrial facilities.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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