1801 Norland Rd Concord, NC 28025
This exceptional industrial investment opportunity encompasses two parcels totaling 1.065 acres, located at 1801 & 1747 Norland Road in Charlotte, North Carolina, zip code 28025. The property features three single-story warehouse buildings totaling 18,035 square feet, with ceiling heights ranging from 16 to 20 feet. Built in 1972 and renovated in 2017, the property boasts ample parking with 27 spaces. The asking price is $3,500,000, translating to $194.07 per square foot. The property is zoned B-2, offering flexibility for various industrial uses. Its strategic location provides convenient access to Charlotte's central business district (CBD), approximately 3.5 miles away, and enjoys close proximity to I-601. The property's APN is 13102318; 13102319. The parcels can be sold together or separately, presenting a unique opportunity for investors seeking a versatile industrial property in a prime location. The property offers significant potential for various industrial uses given its size, location, and zoning.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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