20464-20488 Chartwell Center Dr, Cornelius, NC 28031
Lake Norman Commerce Center presents a rare opportunity in the supply-constrained North Charlotte/Lake Norman submarket. This Class B industrial property, totaling 92,049 square feet, comprises seven single-story buildings situated on Chartwell Center Drive in Mecklenburg County. The property offers flexible office/warehouse and pure office spaces, ideally suited for a variety of businesses. Units range in size from a minimum of 948 square feet to a maximum contiguous space of 3,712 square feet, with some units available up to 13,825 square feet. The property's convenient location offers easy access to Interstate 77 via Exit 28 (Catawba Avenue). Building features include dock-high and drive-in loading doors (availability varies by unit), and office suites boast abundant natural light. The property is situated within a professional business park environment, providing a desirable location for businesses seeking a high-quality space. Currently, 14,757 square feet of space is vacant, offering immediate occupancy options. The buildings were constructed in 1989 and feature 12-foot ceilings. Multiple tenants are currently occupying the property.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.