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    3990 Sam Wilson Rd Charlotte, NC 28214

    Sponsored
    For Lease
    $20 SF/Yr

    Industrial warehouse, 7.9 acres, prime location.

    Lot size:
    23,153 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 23,153-square-foot industrial warehouse presents a compelling investment opportunity in Charlotte, North Carolina. Situated on approximately 7.924 acres of land, this single-tenant building boasts a desirable location, offering unparalleled accessibility. Built in 1989, the one-story structure features two dock-high doors and two drive-in doors, facilitating efficient loading and unloading. The property includes ample parking with 10 spaces. Inside, the warehouse space is complemented by four private offices, a breakroom, a conference room, and an open bullpen area, providing versatile workspace options. The property is zoned I-1 (CD) and its Mecklenburg County APN is 11304608. Its strategic location along the proposed LYNX Silver Line, near the future Sam Wilson station, enhances its appeal. Furthermore, its proximity to major transportation arteries—1.3 miles from I-485, 2.3 miles from I-85, and 3 miles from Charlotte Douglas International Airport—provides exceptional connectivity. The sale price is $6,500,000, and the lease rate is $20 per square foot, with NNN fees of $1.17 per square foot. This property offers a rare combination of size, location, and amenities, making it an ideal acquisition for discerning investors or businesses seeking a strategic foothold in Charlotte's thriving industrial market.

    Property Features for 3990 Sam Wilson Rd

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    23,153 SF
    Total Rate
    38588.33

    Building Details

    Year Built
    1989
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    23,153 SF
    Rate per SF
    $20

    HighLights

    • 23,153 SF building on 7.924 acres available for sale.
    • 2,000 SF of office space included.
    • 21,153 SF warehouse space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Progressive Service Company Hvac Contractor

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Clothing Store Building Supply Gym & Fitness Pharmacy Auto Repair Shop Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9856594
    Latitude
    35.240205

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    FAQs

    What type of property is this?
    Distribution property - Industrial warehouse, 7.9 acres, prime location.
    Where is this distribution property located?
    The property is located at 3990 Sam Wilson Rd Charlotte, NC.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: 23,153 SF building on 7.924 acres available for sale.; 2,000 SF of office space included.; 21,153 SF warehouse space.
    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
    3990 Sam Wilson Rd Charlotte, NC 28214
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