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    Eatonton & Newberry St Assemblage Charlotte, NC 28208

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    Charlotte, NC commercial land: prime development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6.234-acre assemblage in Charlotte, North Carolina, presents a remarkable opportunity for commercial development. Located at the intersection of Eatonton and Newberry Streets, this property boasts an advantageous position near Wilkinson Boulevard, offering excellent access and visibility. The site comprises sixteen parcels (APN: 11513201, 11513202, 11513203, 11513204, 11513206, 11513207, 11513208, 11513209, 11513110, 11513112, 11513113, 11513114, 11513106, 11513108, 11513109, 11513110) and is zoned ML-2, making it suitable for a variety of commercial uses. Its proximity to Charlotte Douglas International Airport further enhances its appeal. All utilities are available on-site, simplifying the development process and minimizing upfront costs. This assemblage offers developers a unique chance to capitalize on a highly desirable location within Mecklenburg County, with its strategic placement between Newberry Street, Eatonton Street, and George Street providing significant potential for future growth and return on investment. The property's size and zoning make it ideal for a range of commercial projects. Don't miss this chance to acquire a significant land parcel in a rapidly developing area of Charlotte. The 28208 zip code offers easy access to major transportation arteries and a thriving business community.

    Property Features for 0 Eatonton & Newberry St Assemblage

    General Information

    Property type
    Land
    Lot Size
    271,553 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9298378
    Latitude
    35.2303442

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    FAQs

    What type of property is this?
    Land - Charlotte, NC commercial land: prime development opportunity.
    Where is this land located?
    The property is located at Eatonton & Newberry St Assemblage Charlotte, NC.
    (704) 274-1224
    Request Owner's contact information
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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
    Eatonton & Newberry St Assemblage Charlotte, NC 28208
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