5970 Old Pineville Rd

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5970 Old Pineville Rd

Charlotte, NC 28217
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

5970 Old Pineville Road is situated in the South End/LoSo industrial corridor of Charlotte, North Carolina. The site provides proximity to major retail centers, including Tyvola Crossing and specialized automotive and home improvement showrooms. Transportation access is a primary feature, with the property located near the Tyvola Light Rail Station and within two miles of the Interstate 77 and Tyvola Road interchange. The surrounding neighborhood is characterized by a mix of established industrial facilities, modern creative office conversions, and a growing residential population. The property is suited for industrial outdoor storage (IOS), fleet parking, or equipment staging. Given its central location and connectivity to the Lynx Blue Line, the site also offers potential for transit-oriented development or high-density infill projects. Typical tenants or occupiers for this asset class include logistics providers, construction firms requiring central distribution points, or commercial developers seeking land in an area transitioning toward mixed-use urban density.

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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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