5226 Independence Blvd Charlotte, NC 28212
- Grocery and convenience stores
- 2,266 SF
- 0.99 lot acres
Current Use by Public Records
- Arby's / Sandwich Shop / Fast Food Restaurant
Property Details for 5226 Independence Blvd
- Year built
- 2020
- Lot size
- 0.99 lot acres
- Property size
- 2,266 SF
- Property type
- Grocery and convenience stores
- APN
- 16303258
- APU
- 16303258
Description
This exceptional 2,266 square foot retail space, located at 5226 E Independence Blvd in Charlotte, NC, presents a unique opportunity for businesses seeking a prominent location. Built in 2020, this Class B property boasts a spacious layout ideal for a variety of retail uses. The entire building is currently vacant, offering immediate occupancy for a single tenant or the potential for multiple tenants. Situated on a generous 0.99-acre lot, the property provides ample space for customer parking and potential expansion. The address, 5226 E Independence Blvd, places the property in a high-traffic area of Charlotte, within Mecklenburg County, ensuring excellent visibility and accessibility. The property's 2020 construction ensures modern amenities and efficient design. This is a street retail space, offering direct street frontage and high visibility for maximum customer engagement. The property is classified as a multi-tenant building, although currently fully vacant, presenting a blank canvas for a single large tenant or the opportunity to subdivide for multiple smaller businesses. This prime location in Charlotte, combined with the property's size and modern construction, makes it an attractive investment for discerning businesses. The property is zoned for commercial use. Contact us today to learn more about this exceptional retail opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,580,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,285,000
- 6.5%
- $1,435,000
- 7%
- $1,290,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,235,000
- Geo Method
- $1,390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,585,000
- Retail
- $1,470,000
- Mixed-Use
- $1,280,000
- Hospitality
- $1,460,000
- Educational
- $1,460,000
- Residential Income
- $1,640,000
- Energy
- $1,220,000
- Income-Based Land
- $1,250,000
- Food Service
- $1,205,000
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.7603
- Latitude
- 35.1869
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
