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Property profile

510 Johnson Rd Charlotte, NC 28206

OFF-MARKET
Industrial properties
1,200 SF 5.33 ac lot Built 1988
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Property summary

AI-generated overview

This exceptional ±5.33-acre industrial property, located at 510 Johnson Road in Mecklenburg County, presents a unique investment opportunity. The property features a 1,200 square foot, two-story office/shop building constructed in 1988. The building is currently vacant, offering immediate occupancy for a wide range of uses. The expansive lot size provides ample space for outdoor storage, perfectly complementing the existing building. The property is zoned ML-2, which permits outdoor storage, making it ideal for businesses requiring both indoor and outdoor operational space. The single-tenant building offers flexibility and control. With its strategic location in Mecklenburg County and its versatile zoning, this property is well-suited for various industrial and storage-related businesses. The property's significant land area and existing building provide a solid foundation for immediate operations or future development. The parcel number is 08509102. This is a rare opportunity to acquire a well-located industrial property with significant outdoor storage potential. The property's size and zoning make it a highly desirable asset in the current market. Serious inquiries are encouraged.

Property profile

Verified
Property type Industrial properties
Year built 1988
Total area 1,200 SF
Lot 5.33 ac (232,175 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

510 Johnson Rd Charlotte, NC 28206
Charlotte metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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