4830 Hovis RdCharlotte, NC 28208

Property Details for 4830 Hovis Rd

Year built

1958

Lot size

4.83 AC

Property size (Sq ft)

5,566 SF

Zone code

R-22MF

Property type

Retail properties

Property subtype

Auto shops

APN

6310127

APU

6310127

Description

This single-tenant industrial property at 4830 Hovis Rd, Charlotte, NC 28208, offers 8,980 square feet of versatile space. The building sits on an 8.51-acre lot, with approximately 4 usable acres. The warehouse features four drive-in bays, providing convenient access for loading and unloading. The layout includes approximately 4,380 square feet of covered area (with room for three additional bays), 1,449 square feet of drive-thru bay space, 3,151 square feet of warehouse/office space, and 966 square feet of second-story office space. The property is zoned ML-1 & ML-2, offering flexibility for a range of industrial and commercial uses. The Mecklenburg County property includes three tax ID numbers: 06310127, 06310124, and 06310125. This location provides excellent access to major transportation routes, making it an attractive option for businesses needing efficient logistics. The substantial lot size offers ample room for expansion or future development. This property presents a unique opportunity for businesses seeking a well-equipped and strategically located warehouse in Charlotte.

• CAP approach

  CAP return

  Valuation

  6%

  $1,911,782

  6.5%

  $1,764,722

  7%

  $1,638,670

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,375,217

  Geo Method

  $2,375,217

• Alternative Use

  Use

  Valuation

  Residential

  $1,488,609

  Hospitality

  $1,363,558

  Educational

  $1,134,464

  Medical

  $1,173,480

  Retail

  $1,764,722

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2659

Longitude

-80.8973

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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