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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

& I-485 Albemarle Rd Charlotte, NC 28227

2.79 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 2.79-acre commercial outparcel presents a prime retail opportunity in Mint Hill, North Carolina. Situated directly in front of the newly constructed Novant Health Mint Hill Medical Center, this property boasts unparalleled visibility and accessibility. The site offers excellent frontage along Albemarle Road and convenient access to and from I-485 via Exit 41. Benefit from the high traffic counts generated by Albemarle Road (over 20,000 vehicles daily) and I-485 (over 45,000 vehicles daily). The surrounding area is a thriving medical campus, including a 145,000 square foot, 24-hour hospital with an emergency room, a 13,000 square foot medical office building, and a 65,000 square foot plaza housing various medical practices and groups. This single-tenant property, zoned for retail use, represents a unique chance to capitalize on the significant growth and high traffic volume in this rapidly developing area of Mecklenburg County. The property's location at the intersection of Albemarle Road and I-485, near the cross street of Novant Healthcare Loop, ensures maximum exposure and accessibility for any retail business. This is an exceptional opportunity for investors seeking a high-visibility location with strong demographics and significant growth potential. The 2.79-acre lot provides ample space for development, making it ideal for a variety of retail uses. The zip code is 28227.

Property profile
Verified
Property type Retail properties & Spaces
Lot 2.79 ac (121,532 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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