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    10100 Bailey Rd Cornelius, NC 28031

    Sponsored
    For Sale
    $1,250,000

    ±3.99 Acres, Development Ready, Cornelius, NC

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional ±3.99-acre commercial land parcel presents a compelling development opportunity in the thriving town of Cornelius, North Carolina. Strategically located east of Lake Norman, this property enjoys unparalleled access to major transportation arteries, placing it within a 10-mile radius of Mooresville and a convenient 18-mile commute to the heart of downtown Charlotte. The site's prime location ensures high visibility and accessibility for a diverse range of commercial ventures. All necessary municipal utilities are readily available, eliminating potential infrastructure hurdles and streamlining the development process. Furthermore, a comprehensive due diligence review has revealed no known environmental encumbrances, mitigating potential risks and expediting project timelines. The property is identified by Mecklenburg County APN 005-032-01. This exceptional offering is priced at $1,250,000 and presents a unique chance to capitalize on the robust economic growth and desirable lifestyle that defines the Cornelius area. Multiple conceptual development plans are available upon request, providing a solid foundation for prospective investors and developers to envision and realize their commercial vision. This is a rare opportunity to acquire a significant land holding in a high-demand location. Don't miss out on this chance to build your next successful venture.

    Property Features for 10100 Bailey Rd

    General Information

    Property type
    Land
    Lot Size
    173,804 SF

    HighLights

    • $1,250,000 asking price.
    • 3.99‑acre commercial land parcel.
    • Located in Cornelius, NC (Mecklenburg County), at 10100 Bailey Rd, 28031.
    • Development opportunity near Lake Norman, with easy access to Mooresville and Charlotte.
    • All municipal utilities available; no known environmental issues.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8623189
    Latitude
    35.4541881

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    FAQs

    What type of property is this?
    Land - ±3.99 Acres, Development Ready, Cornelius, NC
    Where is this land located?
    The property is located at 10100 Bailey Rd Cornelius, NC.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price.; 3.99-acre commercial land parcel.; Located in Cornelius, NC (Mecklenburg County), at 10100 Bailey Rd, 28031.
    (336) 724-1715
    Request Owner's contact information
    10100 Bailey Rd Cornelius, NC 28031
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    Cornelius, NC 28031
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    Realmo Value Estimation

    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.

    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.

    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
    10100 Bailey Rd Cornelius, NC 28031
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