510 Woodlawn St Belmont, NC 28012
This exceptional investment opportunity presents a 26,200 square foot shopping center located at 510 Woodlawn Street, Belmont, NC 28012. The property, built in 1962 and situated on a 2.76-acre lot (APN 3011112), is zoned C3 and features four retail units. One 5,000 square foot unit is currently leased to The Thirsty Social Club. Additional income streams are generated from existing leases on the volleyball courts and kitchen facilities. The center offers flexible unit sizes, all in cold dark shell condition, with ample parking and attractive 13-foot ceiling heights. This highly visible shopping center benefits from excellent access to major roadways, making it an ideal location for a variety of businesses. The current vacancies present a significant opportunity to increase rental income and enhance the overall value of this established property. This is a rare chance to acquire a well-positioned retail center in a thriving North Carolina market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.