South Main St Waxhaw, NC 28173
This exceptional 2.28-acre commercial lot boasts over 320 linear feet of prime road frontage on West South Main Street (Highway 75) in the heart of downtown Waxhaw, NC. Its large, level topography offers maximum visibility and exposure to high traffic volume. The property presents a unique opportunity for a diverse range of commercial ventures, with the added potential for mixed-use development incorporating residential space on a second level. The expansive size allows for significant flexibility in design and development plans. The location benefits from Waxhaw's ongoing growth and numerous planned projects aimed at enhancing the downtown area's development and population. Importantly, this property is not located within a National Historic District and is free from architectural restrictions, simplifying the development process. Water access is available via a public line extension along Waxhaw Highway. Prospective developers should contact the Town of Waxhaw Planning Department at 704-843-2195 for detailed information regarding planning and submission of development plans. This property is priced at $1,350,000. Further inquiries regarding the property can be directed to 704-296-4210.
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.