5950 The Plz Charlotte, NC 28215
- Day care centers
- 1,764 SF
- 0.37 lot acres
Current Use by Public Records
- Learning First Academy / Day Care Center / Preschool
- Tomorrow's Leaders Child Development / Day Care Center
Property Details for 5950 The Plz
- Year built
- 1955
- Lot size
- 0.37 lot acres
- Property size
- 1,764 SF
- Zone code
- R-4
- Property type
- Day care centers
- APN
- 9910308
- APU
- 9910308
Description
Exceptional opportunity to acquire a thriving, turnkey daycare center in Charlotte, North Carolina. Located at 5950 The Plaza, this 2,389 square foot facility sits on a 0.37-acre lot in a high-traffic area of East Charlotte, zoned R-4. Completely renovated in 2023, the property features four rooms, one office, and a large playground, currently licensed for 38 children (first and second shifts), with 10 children currently enrolled. The business and real estate are offered together for $625,000. This presents a unique investment opportunity for an owner-user seeking to expand an existing childcare business or for an entrepreneur looking to enter the market. The property's single-story design and ample space provide flexibility for growth. A new owner could potentially apply for a third shift license. The property's prime location ensures high visibility and accessibility for parents. This is a rare opportunity to acquire a well-established and profitable daycare center in a desirable location. Serious inquiries only
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $560,000
- 6.5%
- $565,000
- 7%
- $535,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $490,000
- Geo Method
- $575,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $475,000
- Retail
- $650,000
- Mixed-Use
- $640,000
- Hospitality
- $485,000
- Educational
- $585,000
- Residential Income
- $635,000
- Energy
- $505,000
- Income-Based Land
- $515,000
- Food Service
- $490,000
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.7546
- Latitude
- 35.2486
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
