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    4413 Yancey Rd Charlotte, NC 28217

    For Lease
    Contact for pricing

    0.9-acre lot, I-2 zoning, high growth potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 0.9-acre commercial land parcel, located at 4413 Yancey Road in the NC - Charlotte Park Rd submarket of Mecklenburg County, presents a unique investment opportunity. Zoned I-2, this property offers significant potential for various commercial developments, including retail or multifamily projects. The site's single-tenant designation provides flexibility for developers. Given its location within a rapidly expanding area, this land offers substantial upside for long-term growth. The current owner is seeking a ground lease agreement at an annual rate of $150,000. This represents a compelling opportunity to secure a strategically positioned asset in a high-demand market. The property's 0.9-acre size provides ample space for a variety of development plans, catering to diverse commercial needs. Interested parties are encouraged to explore the possibilities this prime location offers. The I-2 zoning designation allows for a range of commercial uses, making this a versatile and attractive investment prospect. This is a rare chance to acquire a well-situated commercial land parcel in a thriving area with significant future development potential. Serious inquiries only.

    Property Features for 4413 Yancey Rd

    General Information

    Property type
    Land
    Lease Type
    Gross Lease

    Unit(s) available at that property

    Space
    Available space
    Size
    0 SF

    HighLights

    • 0.9‑acre commercial land parcel in Mecklenburg County.
    • Single‑tenant zoning.
    • I‑2 zoning designation.
    • Located in the Charlotte Park Rd submarket.
    • Potential for retail or multifamily development.
    • Owner seeking $150,000 annual ground lease.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.884304
    Latitude
    35.184921

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    FAQs

    What type of property is this?
    Land - 0.9-acre lot, I-2 zoning, high growth potential.
    Where is this land located?
    The property is located at 4413 Yancey Rd Charlotte, NC.
    What are key features of this property?
    This property features: 0.9-acre commercial land parcel in Mecklenburg County.; Single-tenant zoning.; I-2 zoning designation.
    Request Owner's contact information
    4413 Yancey Rd Charlotte, NC 28217
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    Charlotte, NC 28217
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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
    4413 Yancey Rd Charlotte, NC 28217
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