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Property profile & analytics
OFF-MARKET
Commercial real estate

South Main St Waxhaw, NC 28173

2.28 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Lot 2.28 ac (99,317 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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