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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

19501-19507 Catawba Ave Cornelius, NC 28031

32,925 SF Built 1987
Property ID
Property summary
AI-generated overview

Lakeshore Market Place, located at 19501-19507 West Catawba Ave in Cornelius, NC 28031, offers a unique opportunity for businesses seeking executive office space. This Class B property, built in 1987 and renovated in 2008, comprises two buildings totaling 32,925 square feet, situated on a 3.02-acre lot. Currently, 1,534 square feet of space is available for lease. The property features a total of 40 parking spaces and is zoned B-2 CU (General Business). The buildings are two stories high. Lakeshore Market Place enjoys a high-traffic location on West Catawba Avenue, boasting visibility to approximately 30,000 vehicles daily. Its strategic position within the Lake Norman region, near the prestigious Peninsula community and adjacent to Jeton Village, provides excellent access and visibility. Nearby establishments include First National Bank, Walgreens, and Publix, located in the adjacent Magnolia Plaza. Cornelius, a suburb of Charlotte with a population of 28,649, offers residents a dense suburban feel with access to Lake Norman, abundant shopping, dining, and recreational parks. This property is ideal for businesses seeking a prominent presence in a thriving community. The property is designated as Retail and Office, with a subtype of Executive Office and Restaurant. Multiple tenancies are available.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1987
Total area 32,925 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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