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    5850 Highway 74 Indian Trail, NC 28079

    For Sale
    Contact for pricing

    Indian Trail, NC Retail Center - High Visibility

    Property size:
    102,360 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    Union Town Center, a thriving neighborhood shopping center in Indian Trail, North Carolina, presents a compelling retail investment opportunity. Located at 5850 W Hwy 74, this center boasts a substantial 102,360 square feet of retail space, anchored by a prominent Food Lion and a Dollar Tree. The property sits on a sizable lot ranging from 0.48 to 0.75 acres, zoned RBD (Regional Business District), allowing for diverse commercial uses. Its strategic location provides excellent visibility and accessibility, enhanced by three convenient access points. The center's potential extends beyond its existing footprint, with two available pad sites offering opportunities for further development. Preliminary plans indicate the possibility of constructing outparcel buildings ranging from approximately 6,087 to 11,200 square feet. The RBD zoning allows for a variety of uses, and the presence of a drive-thru is a possibility for future tenants. This well-positioned center offers a strong foundation for immediate income generation and long-term growth potential within a vibrant community. The property's size, location, and existing anchor tenants make it an attractive investment for both seasoned and emerging retail investors. The potential for additional development further enhances its value and future prospects.

    Property Features for 5850 Highway 74

    General Information

    Property type
    Retail properties
    Square Feet
    102,360 SF
    Lot Size
    20,909 SF

    HighLights

    • Proposed outparcel building: ±11,200 - 6,087 SF
    • RBD (Regional Business District) zoning
    • Food Lion‑anchored shopping center
    • Drive‑thru potential
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Indian Trail
    County
    Union
    State
    North Carolina
    Longitude
    -80.640658
    Latitude
    35.0682535

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    FAQs

    What type of property is this?
    Retail property - Indian Trail, NC Retail Center - High Visibility
    Where is this retail property located?
    The property is located at 5850 Highway 74 Indian Trail, NC.
    What are key features of this property?
    This property features: Proposed outparcel building: ±11,200 - 6,087 SF; RBD (Regional Business District) zoning; Food Lion-anchored shopping center
    (704) 661-3165
    Request Owner's contact information
    5850 Highway 74 Indian Trail, NC 28079
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    Indian Trail, NC 28079
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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
    5850 Highway 74 Indian Trail, NC 28079
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