Current Use by Public Records
- Retail properties & Spaces
Property Details for 18816 Catawba Ave
- Lot size
- 2.35 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
Two exceptional outparcels totaling 2.35 acres are available for sale at the highly visible intersection of West Catawba Avenue and Nantz Road in Cornelius, North Carolina (28031). This prime retail location offers a unique opportunity for QSR, restaurant, or storefront development. Options include outright purchase, ground lease, or build-to-suit arrangements, providing flexibility to suit various business needs. Outparcel 1 encompasses 1.14 acres, while Outparcel 2 offers 1.21 acres. The property benefits from its strategic position at a signalized intersection, ensuring high visibility and accessibility. Nantz Road's planned extension to Magnolia Estates Drive will further enhance connectivity to surrounding neighborhoods and Westmoreland Road, increasing traffic flow and potential customer base. The area boasts strong existing retail presence, with nearby establishments including Publix, Harris Teeter, Fifth Third Bank, Chase Bank, Petco, Dunkin', and CVS, among others. This location presents a compelling investment opportunity with significant growth potential in a thriving community. The property's size and location make it ideal for a variety of retail concepts seeking a prominent position in a densely populated and rapidly developing area of Mecklenburg County.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cornelius
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8904
- Latitude
- 35.4703
