Property profile

1100 Culp Rd Pineville, NC 28134

FOR LEASE
Warehouses
Property ID
US53-5772381
36,500 SF 3.88 ac lot Built 1977
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property at 1100 Culp Road in Mecklenburg County offers a versatile space ideal for various businesses. The property encompasses a total of 38,421 square feet within a single, two-story building constructed in 1977. Currently, approximately 10,000 square feet is immediately available for lease, divisible to a minimum of 10,000 square feet. The warehouse component comprises 8,750 square feet, featuring two 14' x 16' grade-level loading doors and a generous 24' clear ceiling height. Separate from the warehouse, 1,250 square feet of upstairs office space is also available. This provides a unique opportunity to combine warehouse and office functions. Adding to the property's appeal is approximately 0.5 to 1 acre of outdoor storage space, perfect for equipment or inventory. The property is classified as Class C and is zoned ML-2 (Heavy Industrial), allowing for a wide range of industrial uses. This well-located property presents a compelling opportunity for businesses seeking flexible and functional warehouse and office space with ample outdoor storage. The property's size and features make it suitable for a variety of industrial operations. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1977
Total area 36,500 SF
Lot 3.88 ac (168,926 SF)
Zoning code G-I
APN 20506122
UPID US53-5772381

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Storage Facility

Location

1100 Culp Rd Pineville, NC 28134
Pineville metro Census 5824 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.90M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.90M

Owner & transaction history

since 2024
Last sale
$1.9M
5 recorded transactions
2024
$1.9M
2024
Price N/A
2006
$850,000
1996
$695,000
1995
$695,000

Zoning & alternative use

G-I · Pineville, NC
Zoning description

6.1.9 General Industrial District (G-I) This district is designed to accommodate industrial and warehousing operations which can be operated in a clean and quite manner that will not produce detectable noise, odor, light…

General category INDUSTRIAL

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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