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

    17025 Lancaster Hwy Charlotte, NC 28277

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    9.82 acres on Lancaster Hwy near Ardrey Kell Rd.

    Lot size:
    9.82 Acres

    Property Features for 17025 Lancaster Hwy

    General Information

    Lot size
    9.82 Acres

    We can help!

    Listing Contact
    Clark Alcorn
    Clark Alcorn
    Source: Moodyscre

    Listing Agency: MPV Properties Listing Agent: Clark Alcorn

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

    Learn more

    Property Insight Report

    Overview

    Lancaster Hwy Land For Sale

    Approximately 9.82 acres of land are available for sale on Lancaster Highway (Hwy 521), situated just south of Ardrey Kell Road. This location offers convenient access to Ballantyne, Indian Land, and I-485. The sellers are open to subdividing the land and considering a short-term leaseback arrangement. Existing buildings on the property will be sold in as-is condition. Access to the buildings requires contacting the broker, and occupants should not be disturbed. There is a small cemetery located on the property; further details can be obtained from the broker.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Greater Life Baptist ... Church Tyler Blue Ministries Church Greater Life Preschool High School

    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
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8488242
    Latitude
    35.0180061

    Nearby Similar for Sale

    • $550,000
      0.25 Acres

      Commercial Opportunity Near Uptown Charlotte

      Commercial property near Uptown Charlotte with flexible-use rooms and ample parking.
      738 Pierson Dr, Charlotte, NC 28205
      View Details
    • $295,000
      2.50 Acres

      Crown Centre Office Suite

      1,100 SF office suite with open layout and offices.
      2101 Sardis Rd N, Charlotte, NC 28227
      View Details
    • $1,200,000
      0.09 Acres

      Commercial Building in Charlotte, NC

      Office building for sale in Charlotte, North Carolina.
      5511 Monroe Rd, Charlotte, NC 28212
      View Details
    • $1,100,000
      0.05 Acres

      Office Building on Monroe Road

      Energy-efficient office building with solar array in Charlotte, NC.
      5513 Monroe Rd, Charlotte, NC 28212
      View Details
    • $1,750,000
      0.60 Acres

      Versatile Commercial Office in Oakhurst

      Multi-use commercial office space in a prime Charlotte location.
      5101 Monroe Rd, Charlotte, NC 28205
      View Details
    • $2,500,000
      0.73 Acres

      Charlotte Retail Investment Opportunity

      Two retail buildings on 0.733 acres in Charlotte, NC.
      2934 Shamrock Dr, Charlotte, NC 28205
      View Details
    • New
      $475,000
      2,310 SF

      South Charlotte Duplex Investment Opportunity

      Rare duplex in South Charlotte on a large corner lot.
      8001 Carmel Rd, Charlotte, NC 28226
      View Details
    • $625,000
      0.88 Acres

      Commercial Land on W Sugar Creek

      Commercial zoned land with road frontage on W. Sugar Creek Road.
      723 W Sugar Creek Rd, Charlotte, NC 28213
      View Details
    • $399,000
      Pending

      Charming Duplex on Large Lot

      Rare brick duplex on a large lot in Charlotte, NC.
      2623 Shamrock Dr, Charlotte, NC 28205
      View Details
    • $825,000
      0.20 Acres

      Dilworth Duplex Investment Opportunity

      Two-unit duplex in Dilworth, ideal for short-term rentals.
      2136-2138 Kirkwood Ave, Charlotte, NC 28203
      View Details
    • New
      $305,000
      1,220 SF

      Modern Multi-Family in Charlotte, NC

      Bright, open floor plan near Park Road Shopping Center.
      1300 Reece Rd, Charlotte, NC 28209
      View Details
    • New
      $794,900
      Pending

      New Construction Duplex in Charlotte

      New construction duplex with modern amenities and convenient location.
      339 Gray Dr, Charlotte, NC 28213
      View Details

    FAQs

    What type of property is this?
    Land - 9.82 acres on Lancaster Hwy near Ardrey Kell Rd.
    Where is this land located?
    The property is located at 17025 Lancaster Hwy Charlotte, NC.
    What is the asking price?
    The asking price for this property is $7,856,000.
    What are key features of this property?
    This property features: - Prime location on Lancaster Hwy (Hwy 521) with convenient access to Ballantyne, Indian Land, and I-485.; - ±9.82 acres available for sale.; - Sellers open to subdividing the property.
    (704) 248-2100 Call to check price and availability
    Request Owner's contact information
    17025 Lancaster Hwy Charlotte, NC 28277
    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.
    17025 Lancaster Hwy
    Charlotte, NC 28277
    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
    17025 Lancaster Hwy Charlotte, NC 28277
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Clark Alcorn
    Clark Alcorn
    (704) 248-2100 (704) 367-5005
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!