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    1801 Norland Rd Concord, NC 28025

    Sponsored
    For Sale
    $3,500,000

    18,035 SF Warehouse, 3 Buildings, $3.5M

    Property size:
    18,035 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional industrial investment opportunity encompasses two parcels totaling 1.065 acres, located at 1801 & 1747 Norland Road in Charlotte, North Carolina, zip code 28025. The property features three single-story warehouse buildings totaling 18,035 square feet, with ceiling heights ranging from 16 to 20 feet. Built in 1972 and renovated in 2017, the property boasts ample parking with 27 spaces. The asking price is $3,500,000, translating to $194.07 per square foot. The property is zoned B-2, offering flexibility for various industrial uses. Its strategic location provides convenient access to Charlotte's central business district (CBD), approximately 3.5 miles away, and enjoys close proximity to I-601. The property's APN is 13102318; 13102319. The parcels can be sold together or separately, presenting a unique opportunity for investors seeking a versatile industrial property in a prime location. The property offers significant potential for various industrial uses given its size, location, and zoning.

    Property Features for 1801 Norland Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    18,035 SF
    Lot Size
    46,391 SF

    Building Details

    Year Built/Renovated
    1972/2017
    Buildings
    3
    Stories
    1

    HighLights

    • $3,500,000 asking price for this 18,035 SF industrial warehouse.
    • Located at 1801 & 1747 Norland Road, Charlotte, NC 28025.
    • Features three buildings totaling 18,035 square feet on a 1.065‑acre lot.
    • Offers 16' - 20' ceiling heights.
    • Includes 27 parking spaces.
    • Currently zoned B‑2, with potential for CG zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Concord
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.5216184
    Latitude
    35.3898417

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    FAQs

    What type of property is this?
    Distribution property - 18,035 SF Warehouse, 3 Buildings, $3.5M
    Where is this distribution property located?
    The property is located at 1801 Norland Rd Concord, NC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: $3,500,000 asking price for this 18,035 SF industrial warehouse.; Located at 1801 & 1747 Norland Road, Charlotte, NC 28025.; Features three buildings totaling 18,035 square feet on a 1.065-acre lot.
    Request Owner's contact information
    1801 Norland Rd Concord, NC 28025
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    Concord, NC 28025
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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
    1801 Norland Rd Concord, NC 28025
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