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Property profile

Statesville Rd Huntersville, NC 28078

OFF-MARKET
Commercial real estate
8.5 ac lot Built 1900

Property summary

AI-generated overview

This exceptional 8.5-acre commercial land parcel presents a significant investment opportunity in the thriving Huntersville, NC market. Strategically located at the intersection of Statesville Road (Highway 21) and Mt. Holly Huntersville Road, this property enjoys unparalleled visibility and accessibility. Surrounded by established commercial properties and directly across Highway 21 from a major Honda dealership and other large businesses, this site benefits from high daily traffic counts and strong consumer demographics. The property currently requires rezoning and approval from the Huntersville, NC authorities, opening the door for a variety of development options. Its proximity to a hospital and numerous new car dealerships further enhances its desirability. The versatile nature of this land makes it suitable for a wide range of commercial uses, including but not limited to mini-storage facilities, retail spaces, convenience stores, gas stations, or a collection of smaller shops. Given its size, the property also offers the potential for subdivision into smaller parcels, providing added flexibility for developers. The seller is open to negotiating the price, making this an attractive proposition for discerning investors seeking a prime location with substantial growth potential in a rapidly expanding area. The surrounding area is experiencing significant residential development, creating a strong foundation for commercial success.

Property profile

Verified
Property type Commercial real estate
Year built 1900
Lot 8.5 ac (370,260 SF)

Cap rate & NOI

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

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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