6.8 AC of Commercial Land for Redevelopmen

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6.8 AC of Commercial Land for Redevelopmen

Charlotte, NC 28208
Asking Price
Contact for price
Asset Type
Land
Class
Class B

What's Special

This 6.8-acre commercial parcel is situated in a high-growth corridor of Charlotte, North Carolina. The property features extensive road frontage and is positioned within a diverse mix of established retail centers, suburban residential neighborhoods, and light industrial hubs. Local amenities include national grocery anchors, quick-service restaurants, and professional medical offices. The site offers efficient logistics via proximity to major interstate junctions, providing direct access to the Charlotte Douglas International Airport and the central business district. The property is suited for large-scale redevelopment projects that require significant acreage and high visibility. Ideal use cases include anchored retail developments, multi-family residential complexes, or modern self-storage facilities. Typical tenants or occupants for this site include regional developers, hospitality groups, or logistics providers seeking to capitalize on Charlotte’s expanding population density. The flat topography and existing utility infrastructure support a variety of intensive commercial applications.

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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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