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Property profile

1801 Norland Rd Concord, NC 28025

OFF-MARKET
Warehouses
18,035 SF 1.07 ac lot Built 1972
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Warehouses
Year built 1972
Total area 18,035 SF
Lot 1.07 ac (46,391 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1801 Norland Rd Concord, NC 28025
Concord metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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