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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

& I-485 Albemarle Rd Charlotte, NC 28227

1.37 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.37-acre outparcel presents a prime retail opportunity in Mint Hill, North Carolina. Strategically located at the intersection of Albemarle Road and I-485, Exit 41, this property boasts unparalleled visibility and accessibility. Directly facing the newly constructed Novant Health Mint Hill Medical Center, this site benefits from the high traffic volume generated by the 24-hour, 145,000 square foot hospital, a 13,000 square foot medical office building, and a 65,000 square foot plaza housing various medical practices. Albemarle Road sees over 20,000 vehicles daily, while I-485 boasts over 45,000 vehicles daily, ensuring significant exposure for any business. The single-tenant property offers a blank canvas for development, ideal for businesses seeking to capitalize on the robust medical and residential growth in the area. Mecklenburg County location and 28227 zip code provide further locational advantages. This is a rare opportunity to secure a high-traffic, high-visibility location in a thriving medical campus setting. The lot size of 1.37 acres provides ample space for development, ensuring flexibility for a variety of retail concepts. Don't miss this chance to establish your business in a prime location with exceptional growth potential.

Property profile
Verified
Property type Retail properties & Spaces
Lot 1.37 ac (59,677 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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