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    Eatonton & Newberry St Asseblage Charlotte, NC 28208

    Sponsored
    For Sale
    $4,900,000

    Prime 6.234-acre site, I-2 zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Exceptional 6.234-acre industrial land assemblage in Charlotte, NC, is available for $4,900,000. This prime property boasts I-2 zoning and is strategically located between Newberry Street, Eatonton Street, and George Street, off Wilkinson Boulevard. The assemblage comprises eight parcels (APN: 11513201

    Property Features for 0 Eatonton & Newberry St Asseblage

    General Information

    Property type
    Land
    Lot Size
    140,263 SF

    HighLights

    • Excellent access to the proposed LYNX Silver Line light rail.
    • Direct connection to the LYNX Blue Line Light Rail.
    • Convenient access to the City LYNX Gold Line Streetcar.
    • Proximity to Charlotte Douglas International Airport.
    • Located near the Charlotte Gateway District.
    • Close to Bank of America Stadium.
    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 - Prime 6.234-acre site, I-2 zoning
    Where is this land located?
    The property is located at Eatonton & Newberry St Asseblage Charlotte, NC.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: Excellent access to the proposed LYNX Silver Line light rail.; Direct connection to the LYNX Blue Line Light Rail.; Convenient access to the City LYNX Gold Line Streetcar.
    Request Owner's contact information
    Eatonton & Newberry St Asseblage Charlotte, NC 28208
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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 Asseblage Charlotte, NC 28208
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