Mixed-Use
For Sale
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19721 BETHEL CHURCH RD, Cornelius, NC 28031
Constructed in 2000, this commercial asset is classified for mixed-use purposes.
Property Size9,279 SF
Price / SF$323.31
Days on Market137
Property Features for 19721 BETHEL CHURCH RD
General Information
Standard status
Active
Size
9,279 SF
Property subtype
Mixed Use
Investment Type
Redevelopment
Building Details
Year Built
2000
Stories
2
Units
1
Listing Agency:
Marcus & Millichap - Phoenix
Listed By:
Douglas Fielding Jr. · License #AZ SA64789000
Source:
Crexi
Added: Jun 5
Changed: Oct 7
Last Checked: Oct 16 at 8:34AM
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 Marcus & Millichap - Phoenix
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Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 9,279 square feet and was constructed in 2000. The asset is located at 19721 Bethel Church Road in Cornelius, North Carolina, providing a clearly identified property for commercial real estate evaluation.
Key Highlights
- 9,279 square feet of mixed‑use commercial property
- Constructed in 2000
- Located at 19721 Bethel Church Road, Cornelius, NC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$107,172
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,143,440
$2.1M
Cap Rate 7%
$1,531,029
$1.5M
Cap Rate 9%
$1,190,800
$1.2M
Market Conditions
NOI Build-Up for 9,279 SF
Gross rent
$194.9K $21.00/SF
− Vacancy
−$23.4K −$2.52/SF
EGI
$171.5K $18.48/SF
− OpEx
−$64.3K −$6.93/SF
NOI
$107.2K $11.55/SF
Area
Mecklenburg County, NC
Vacancy
12.00%
Lease Rate
$21.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,143,440
Cap Rate 7%
$1,531,029
Cap Rate 9%
$1,190,800
Alternative Uses
Best Use
Mixed Use
$1.53M
$1.34M – $1.79M
NOI $107,172 @ 7.0% cap · market cap 3.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.00M
$2.62M – $3.50M
NOI $209,881 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Explore this area
Business Placement
Demographics for 28031, NC
30,836
Population
14,194
Households
2.2
Avg Household Size
43
Median Age
61%
College-Educated
97%
High-School Grad
14.0 sq mi
ZIP Area
2,203
Density / Sq Mi
$115,746
Median Household Income
$65,377
Median Earnings
$1,587
Median Rent
$497,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Constructed in 2000, this commercial asset is classified for mixed-use purposes.
Where is this mixed-use property located?
The property is located at 19721 BETHEL CHURCH RD Cornelius, NC.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 9,279 square feet of mixed‑use commercial property; Constructed in 2000; Located at 19721 Bethel Church Road, Cornelius, NC
