Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    13501 Old Statesville Rd Huntersville, NC

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Commercial land available close to downtown Huntersville, North Carolina.

    Type:LAND
    Lot size:
    4.28 Acres
    Added:
    Aug 9, 2024
    Days on Market:
    625
    Last Refresh:
    Apr 5 at 8:52 pm

    Property Features for 13501 Old Statesville Rd

    General Information

    Standard status
    Active
    Lot size
    4.28 Acres
    Property subtype
    LAND

    We can help!

    Listing Contact
    William Latta (Bill)

    Listing agent William Latta (Bill)

    Listing office Latta Realty, Inc.

    Listing date Aug 9, 2024

    Source Moodyscre

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Latta Realty, Inc.

    Overview

    Land Near Downtown Huntersville

    This land, located close to Downtown Huntersville, presents a potential opportunity for commercial development. The owner is open to allowing time for rezoning. Additional acreage may be available. An easement is in place for Senior Apartments to the South on a small portion of the land.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dearness Gardens Nursery ... Garden Center

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Huntersville
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8401
    Latitude
    35.4032

    Nearby Similar for Sale

    • $398,500

      Huntersville Land Investment Opportunity

      Prime commercial land near amenities and major roads in Huntersville.
      15208 Old Statesville Road, Huntersville, NC 28078
      View Details
    • $630,000

      Huntersville Vacant Land Opportunity

      3.52 acres in Huntersville, ideal for custom home.
      11535 Johnson Davis Road, Huntersville, NC 28078
      View Details
    • $299,900

      Huntersville Land Opportunity

      2.4-acre wooded homesite near Birkdale Village and I-77.
      7714 Babe Stillwell Farm Road, Huntersville, NC 28078
      View Details
    • $450,000

      Huntersville Land Opportunity

      6.1 acres in Huntersville with easy access to amenities.
      12143 Asbury Chapel Road, Huntersville, NC 28078
      View Details
    • $800,000

      Huntersville Acreage for Custom Home

      3.06-acre lot in Huntersville, no HOA, convenient location.
      15605 Huntingtowne Village Road, Huntersville, NC 28078
      View Details
    • $310,000

      Huntersville Land: Private Oasis

      4-acre wooded lot in Huntersville, close to city amenities.
      10340 Kerns Road, Huntersville, NC 28078
      View Details
    • $150,000

      Huntersville Land: Build Your Dream

      0.89 acre lot near Lake Norman and Birkdale Village.
      11006 Cedar Lane, Huntersville, NC 28078
      View Details
    • $475,000

      Huntersville Land for Mobile Homes

      Four adjoining lots suitable for mobile homes, church, or store.
      11707 Cimmaron Road, Huntersville, NC 28078
      View Details
    • $799,500

      Huntersville Land with Road Frontage

      7.36 acres in Huntersville with road frontage and improvements.
      3816 Alton Street, Huntersville, NC 28078
      View Details
    • $750,000
      1,650 SF

      Prime Commercial Land Opportunity

      Commercial land in rapidly growing area near major roads.
      9007 Beatties Ford Road, Huntersville, NC 28078
      View Details
    • $306,300

      Commercial Land Near Retail Hub

      Land in growing area near retail, ideal for commercial development.
      7932 Hedrick Circle, Huntersville, NC 28078
      View Details
    • $1,899,000

      Huntersville Land Development Opportunity

      11-acre land parcel in rapidly transforming Huntersville corridor.
      0001 Asbury Chapel Road lot: 3 And Parts Of Lots 1, Huntersville, NC 28078
      View Details

    FAQs

    What type of property is this?
    Land - Commercial land available close to downtown Huntersville, North Carolina.
    Where is this land located?
    The property is located at 13501 Old Statesville Rd Huntersville, NC.
    What are key features of this property?
    This property features: Close proximity to Downtown Huntersville; Potential for commercial use; Owner allows time for rezoning
    (704) 622-0365 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    William Latta (Bill)
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!