Technical
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Property profile

510 Woodlawn St Belmont, NC 28012

OFF-MARKET
Lifestyle centers
26,200 SF 2.76 ac lot Built 1962
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Lifestyle centers
Year built 1962
Total area 26,200 SF
Lot 2.76 ac (120,226 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

510 Woodlawn St Belmont, NC 28012
Belmont metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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