12715 Downs Cir Pineville, NC 28134
- Warehouses
- 7,456 SF
- 1.82 lot acres
Current Use by Public Records
- Southern Senior Plans Inc / Senior Citizen Center
- A&M Auto Service / Auto Radiator Repair Service / Auto Spring Shop
Property Details for 12715 Downs Cir
- Year built
- 1951
- Lot size
- 1.82 lot acres
- Property size
- 7,456 SF
- Zone code
- GI
- Property type
- Warehouses
- APN
- 20503209
- APU
- 20503209
Description
This exceptional industrial property, located at 12715 Downs Circle, offers 9,600 square feet of heavy industrial warehouse space. The property sits on a sizable 1.83-acre lot, completely fenced for enhanced security and operational efficiency. The building's classification is industrial, with a warehouse subtype, and is currently configured for multiple tenants, presenting a unique opportunity for businesses seeking flexible space solutions. The substantial square footage provides ample room for storage, manufacturing, or distribution operations. The expansive fenced yard offers additional outdoor storage or maneuvering space for trucks and equipment, significantly enhancing the property's functionality. This property is ideal for a variety of industrial uses, benefiting from its generous size and secure outdoor area. The multiple tenancy configuration allows for flexibility in lease terms and potential for shared operational costs. Interested parties are encouraged to inquire further to explore the possibilities this versatile industrial space presents. The property's location provides easy access to major transportation routes, further enhancing its logistical advantages. This is a rare opportunity to secure a significant industrial property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,000,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,985,000
- 6.5%
- $1,930,000
- 7%
- $1,890,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,940,000
- Geo Method
- $1,775,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,725,000
- Retail
- $2,090,000
- Mixed-Use
- $1,730,000
- Hospitality
- $1,965,000
- Educational
- $1,610,000
- Residential Income
- $1,690,000
- Energy
- $1,775,000
- Income-Based Land
- $1,635,000
- Food Service
- $1,970,000
Location Insight
- Map
- Local Demand
- City
- Pineville
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.9014
- Latitude
- 35.0935
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA