Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    9738 Rdg St Charlotte, NC 28214

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9738 Rdg St Charlotte, NC 28214

    View on Map
    • Land
    • 1.76 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 9738 Rdg St

    Lot size
    1.76 lot acres
    Property type
    Land

    Description

    This exceptional 1.762-acre commercial land parcel presents a unique investment opportunity in Charlotte, North Carolina's thriving Airport submarket. Located at 9738 Ridge Street, this property boasts a General Commercial (GC) zoning designation, offering considerable flexibility for a wide range of commercial developments. Its strategic location directly off Wilkinson Boulevard provides excellent visibility and accessibility, ensuring high traffic exposure. The site benefits from its proximity to both the vibrant Uptown Charlotte area and the charming town of Belmont, NC, offering convenient access to a diverse workforce and customer base. With its substantial size and prime location, this property is ideally suited for businesses seeking a prominent presence in a rapidly growing area. The asking price is $349,999. Detailed zoning information and development possibilities are readily available upon request. This is a rare opportunity to acquire a well-situated commercial lot in one of Charlotte's most desirable submarkets. Don't miss out on this chance to build your business in a high-growth area. The property is situated in Mecklenburg County, NC, and has a 28214 zip code. The latitude and longitude coordinates are 35.2433642 and -81.0008875 respectively.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -81.0009
    Latitude
    35.2434

    Comparable in this City

    • Value Estimation by Request
      4.15 Acres

      2200 Mountain Park Dr

      Land • 4.15 Acres
      2200 Mountain Park Dr, Charlotte, NC 28214
      View Details
    • Value Estimation by Request
      1.84 Acres

      2737 Moores Park Dr

      Land • 1.84 Acres
      2737 Moores Park Dr, Charlotte, NC 28214
      View Details
    • Value Estimation by Request
      2.78 Acres

      Wilkson Blvd & Sam Wilson Blvd

      Land • 2.78 Acres
      0 Wilkson Blvd & Sam Wilson Blvd, Charlotte, NC 28214
      View Details
    • Value Estimation by Request
      15.50 Acres

      Mt. Holly Rd & Sonoma Vly Dr

      Land • 1 SF
      0 Mt. Holly Rd & Sonoma Vly Dr, Charlotte, NC 28214
      View Details
    • Value Estimation by Request
      1.58 Acres

      8943 Larchmont Cir & St Evans Rd

      Land • 1.58 Acres
      8943 Larchmont Cir & St Evans Rd, Charlotte, NC 28214
      View Details
    • Value Estimation by Request
      1.79 Acres

      10030 Bellhaven Blvd

      Investment properties • 1.79 Acres
      10030 Bellhaven Blvd, Charlotte, NC 28214
      View Details

    Similar Nearby for Sale

    • $1,425,000
      8.86 Acres

      Land in Northwest Charlotte

      8.86 acres of land available in Charlotte, North Carolina.
      9720 Lawing School Rd, Charlotte, NC 28214
      View Details
    • $2,125,000
      2.15 Acres

      Charlotte Land Assemblage: Prime Hwy 27 Location

      2.15 acres, ML-1 zoning, high traffic area.
      11300 Mount Holly Rd, Charlotte, NC 28214
      View Details
    • Contact for pricing

      16 Acres Near CSX Rail

      16.025 acres with buildings and fuel station.
      7615 Old Mount Holly Rd, Charlotte, NC 28214
      View Details
    • Contact for pricing

      High Volume Corner Land Parcel

      Corner land parcel suitable for retail, automotive, office, or medical.
      11033 Mount Holly Rd, Charlotte, NC 28214
      View Details
    • Contact for pricing

      Commercial Land on Freedom Drive

      0.476 acres of commercial land on Freedom Drive.
      6429 Freedom Dr, Charlotte, NC 28214
      View Details
    • Contact for pricing

      2.33 Acre Commercial Land

      Flat lot near airport and I-85 with commercial potential.
      6600-6624 Tuckaseegee Rd, Charlotte, NC 28214
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      15.50 Acres Available Land

      15.50 acres of commercial land for rent.
      Mt. Holly Rd & Sonoma Vly Dr, Charlotte, NC 28214
      View Details
    • Contact for pricing

      Industrial Land For Lease

      Industrial land available for lease or build-to-suit in Charlotte.
      10129 Mount Holly Rd, Charlotte, NC 28214
      View Details
    • Contact for pricing

      Industrial Land with Outdoor Storage

      1.4 acre industrial land with small office for lease.
      6714 Freedom Dr, Charlotte, NC 28214
      View Details
    • Contact for pricing

      15.50 Acres Available For Rent

      15.50 acres available for QSR, medical, and retail.
      Mt. Holly Rd & Sonoma Vly Dr, Charlotte, NC 28214
      View Details
    • $7,500 /Mo

      Industrial Land with Office Building

      1.4 acres with office, near I-485, I-85, and I-77.
      6714 Freedom Dr, Charlotte, NC 28214
      View Details
    • Contact for pricing

      Warehouse with High-End Office

      56,556 SF available warehouse with 10,150 SF office space.
      2205 Beltway Blvd, Charlotte, NC 28214
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9738 Rdg St
    Charlotte, NC 28214
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    9738 Rdg St, Charlotte, NC, 28214

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!