Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    131 Davidson Gateway Dr Davidson, NC 28036

    • Land
    • 2.11 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 131 Davidson Gateway Dr

    Lot size
    2.11 lot acres
    Property type
    Land

    Description

    This exceptional 2.106-acre commercial land parcel, located at 131 Davidson Gateway Drive in Davidson, North Carolina (zip code 28036), presents a unique investment opportunity. Situated in Mecklenburg County, this corner lot boasts excellent visibility and accessibility. The property's APN is 00323190 & 00323191. It is zoned Lakeshore, offering a variety of permitted uses (details available upon request). The site benefits from readily available utilities, including water, sewer, and power, conveniently located on the parcel facing Griffith Street. Its prime location and zoning make it ideal for a range of commercial developments. The latitude and longitude coordinates are 35.5023432 and -80.8579272 respectively. This property is being offered for sale and represents a compelling opportunity for developers and investors seeking a strategically located commercial land parcel in the thriving Davidson market. Detailed zoning information and permitted uses can be provided upon request. Don't miss this chance to acquire this exceptional commercial land in a highly desirable location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Davidson
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8579
    Latitude
    35.5023

    Comparable in this City

    • Value Estimation by Request
      3.18 Acres

      219 Lk Cornelius Blvd

      Land • 3.18 Acres
      219 Lk Cornelius Blvd, Davidson, NC 28036
      View Details
    • Value Estimation by Request
      88,801 SF

      Jetton St. & Griffith St

      Retail properties • 88,801 SF
      0 Jetton St. & Griffith St, Davidson, NC 28036
      View Details
    • Value Estimation by Request
      0.38 Acres

      Main St

      VACANT COMMERCIAL LAND • 0.38 Acres
      Main St, Davidson, NC 28036
      View Details
    • Value Estimation by Request
      4.39 Acres

      771 Beaty St

      INDUSTRIAL - VACANT LAND • 4.39 Acres
      771 Beaty St, Davidson, NC 28036-8166
      View Details
    • Value Estimation
      $890,000
      0.41 Acres

      122 Davidson Gtwy Dr

      VACANT COMMERCIAL LAND • 4,630 SF
      122 Davidson Gtwy Dr, Davidson, NC 28036-7083
      View Details
    • Value Estimation by Request
      1.04 Acres

      Davidson Gtwy Dr

      VACANT COMMERCIAL LAND • 1.04 Acres
      Davidson Gtwy Dr, Davidson, NC 28036
      View Details

    Similar Nearby for Sale

    • $1,050,000

      Corner Lot on Catawba Avenue

      Corner lot available on W. Catawba Ave and Silver Quay Dr.
      W Catawba Ave, Cornelius, NC 28036
      View Details
    • $697,000

      Exclusive Homesite in Davidson Reserve

      Luxury homesite near Davidson with access to private nature preserve.
      4800-4900 Davidson Rd, Davidson, NC 28036
      View Details
    • $1,300,000

      3.56 Acres Near Summit Farm

      3.56-acre tract across from proposed Summit Farm Development.
      15615 Rocky River Rd, Davidson, NC 28036
      View Details
    • $697,000

      Exclusive Homesite in Davidson Reserve

      Luxury homesite near Davidson with access to private nature preserve.
      11325 Sudbury Rd, Davidson, NC 28036
      View Details
    • Contact for pricing

      Commercial Land Pad Opportunity

      Pad site available for ground lease or build-to-suit.
      Catawba Ave, Cornelius, NC 28036
      View Details
    • $339,000
      3.01 Acres

      Davidson Land Parcel For Sale

      3-acre land parcel in Davidson, NC, perfect for building.
      9730 Harvest Ln, Davidson, NC 28036
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      34,250 SF

      Class A Office Space Available

      Class A office space for lease or purchase in Davidson.
      635 Davidson Gateway Dr, Davidson, NC 28036
      View Details
    • $40 SF/Yr
      450 SF

      Furnished Office Space in Davidson

      Furnished office space near restaurants, shopping, and downtown.
      630 Davidson Gateway Dr, Davidson, NC 28036
      View Details
    • Contact for pricing
      25,507 SF

      Prime Davidson Executive Office Space

      Class A Office Suites, 1,000-17,000 SF
      480 Main St, Davidson, NC 28036
      View Details
    • $4,700 /Mo
      47,480 SF

      Davidson Office Sublease Opportunity

      Office space available for sublease in Davidson, North Carolina.
      575 Davidson Gateway Dr, Davidson, NC 28036
      View Details
    • Contact for pricing

      Commercial Space in Growing Davidson

      Located in Davidson, near Charlotte, experiencing growth and high quality of life.
      Davidson, NC 28036
      View Details
    • Contact for pricing
      8,507 SF

      New Office/Retail Space Available

      Class A office, retail, or restaurant space in Historic Davidson.
      480 S Main St, Davidson, NC 28036
      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.
    131 Davidson Gateway Dr
    Davidson, NC 28036
    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

    Google sign-in failed. Please try again or use another login method.