Dorman Rd

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Dorman Rd

Pineville, NC 28134
Asking Price
$2.70M
Asset Type
Land
Class
Class B

What's Special

Located off Dorman Road in Pineville, North Carolina, this land parcel situated in a primary industrial and commercial corridor south of Charlotte. The property offers proximity to the I-715 and I-485 interchange, providing efficient regional connectivity to the greater Charlotte metropolitan area and the South Carolina border. The surrounding neighborhood character is defined by established industrial parks, distribution centers, and retail hubs including the Carolina Place Mall area. Nearby amenities include a variety of dining, lodging, and service options concentrated along the Highway 51 and Polk Street arteries. The site is well-suited for industrial development, including last-mile delivery stations, regional distribution facilities, or outdoor storage. Given the existing zoning and infrastructure in Pineville, ideal occupants include logistics providers, construction services, or light manufacturing firms requiring proximity to major logistics hubs and a growing labor pool. The flat topography and strategic access to interstate networks support high-velocity operations typical of supply chain and transit-oriented tenants looking for a footprint in the Charlotte submarket.

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NOI
$80,000
Cap Rate
2.96%
DSCR
0.50
Underwater
Cash-on-Cash
-9.91%
Monthly Payment
$13,358.127
Annual Cash Flow
$-80,297.522

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