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    3400 Silas Ave Charlotte, NC 28206

    Sponsored
    For Sale
    $2,000,000

    Prime Charlotte manufacturing/warehouse

    Property size:
    10,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10,000-square-foot industrial property, located at 3400 Silas Ave in Charlotte, North Carolina (zip code 28206), presents a compelling investment opportunity. Situated on a 0.58-acre lot (APN 08502201), this vacant building is ideal for owner-occupancy. Constructed in 1972, the structure boasts a durable metal, cinderblock, and masonry construction, complemented by a metal roof. The property features two dock-high doors for efficient loading and unloading, and a generous 15-foot ceiling height provides ample vertical space. A convenient gravel truck courtyard and additional parking spaces in front enhance operational efficiency and employee convenience. The property is zoned ML-2, offering flexibility for various industrial uses. Its strategic location in Charlotte provides unparalleled access to major transportation arteries, including Interstates 85 and 77, ensuring seamless logistics and connectivity. This property offers a rare combination of functionality, location, and potential, making it an attractive proposition for discerning investors and businesses seeking a well-maintained industrial space in a thriving urban setting.

    Property Features for 3400 Silas Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    10,000 SF
    Lot Size
    25,265 SF

    Building Details

    Year Built
    1972

    HighLights

    • Owner‑user opportunity: Vacant and ready for immediate occupancy.
    • Durable construction: Metal, cinder block, and masonry exterior.
    • Convenient truck access: Features a gravel truck courtyard.
    • Ample parking: Includes additional parking spaces in front of the building.
    • Low‑maintenance roof: Equipped with a metal roof.
    Property Profile Location Intelligence

    Current Use by Public Records

    First Source Worldwide ... Manufacturer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office 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
    -80.810173582947
    Latitude
    35.257129965214

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    FAQs

    What type of property is this?
    Distribution property - Prime Charlotte manufacturing/warehouse
    Where is this distribution property located?
    The property is located at 3400 Silas Ave Charlotte, NC.
    What is the asking price?
    The asking price for this property is $2,000,000.
    What are key features of this property?
    This property features: Owner-user opportunity: Vacant and ready for immediate occupancy.; Durable construction: Metal, cinder block, and masonry exterior.; Convenient truck access: Features a gravel truck courtyard.
    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
    3400 Silas Ave Charlotte, NC 28206
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