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    519 Armour Dr Charlotte, NC 28206

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    For Sale
    Contact for pricing

    16,281 SF Flex/Warehouse, Prime Location

    Property size:
    16,281 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 16,281-square-foot industrial property, situated at 519 Armour Dr. in Charlotte, NC 28206, presents a unique investment opportunity. The single-story building, zoned ML-2, sits on a 0.834-acre lot and boasts a blend of warehouse and flex space functionality. Features include three loading docks and one dock-high door, ideal for efficient material handling. The interior features a wood plank ceiling with steel joists and an interior dock well. This infill property benefits from its strategic location near the burgeoning Camp North End development, providing excellent access to a thriving commercial hub. The property's potential extends beyond its current footprint; there's an opportunity to expand the acreage by potentially abandoning adjacent streets. Furthermore, this property is available for sale as a fully operational cabinet shop, complete with all fixtures, fittings, and equipment. Detailed pricing and a comprehensive equipment list are available upon request. This is a rare chance to acquire a well-located, versatile industrial space with significant growth potential in a rapidly developing area of Charlotte.

    Property Features for 519 Armour Dr

    General Information

    Property type
    Distribution properties
    Square Feet
    16,281 SF
    Lot Size
    36,329 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 16,281 SF industrial building in Charlotte, NC.
    • Single‑story building on a 0.83‑acre lot.
    • Features three loading docks and one dock‑high door.
    • Zoned ML‑2.
    • Located at 519 Armour Dr, Charlotte, NC 28206.
    Property Profile Location Intelligence

    Current Use by Public Records

    Stonecast Manufacturer CTS Custom Cabinets Cabinet Maker Aprodite's Salon Nail Salon

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.832729867434
    Latitude
    35.241528498957

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    FAQs

    What type of property is this?
    Distribution property - 16,281 SF Flex/Warehouse, Prime Location
    Where is this distribution property located?
    The property is located at 519 Armour Dr Charlotte, NC.
    What are key features of this property?
    This property features: 16,281 SF industrial building in Charlotte, NC.; Single-story building on a 0.83-acre lot.; Features three loading docks and one dock-high door.
    Request Owner's contact information
    519 Armour Dr Charlotte, NC 28206
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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
    519 Armour Dr Charlotte, NC 28206
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