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    Property profile & analytics
    OFF-MARKET
    Commercial land

    11300 Mt Holly Rd, Charlotte, NC 28214-9225

    1.63 ac lot
    Individually Owned 14-yr Hold ~ Est. High Equity
    Property ID
    US53-1894887
    Property summary
    AI-generated overview

    This exceptional 2.15-acre land assemblage is ideally situated on heavily trafficked Mount Holly Road (Highway 27) in Charlotte, North Carolina, within Mecklenburg County, zip code 28214. The property boasts ML-1 zoning, permitting a variety of commercial uses including light industrial, office, and retail development. The mostly flat, lightly wooded, vacant land offers significant potential for investors and developers. Its strategic location near the intersection of Mount Holly Huntersville Road and Mount Holly Road provides excellent visibility and accessibility. The site benefits from proximity to a substantial pending 100+ acre retail/commercial development across a power easement, along the Catawba River. Furthermore, the property is conveniently located near the US National Whitewater Center and the city of Mount Holly, an area experiencing growth in medical and retail sectors. With 259 linear feet of frontage on Mount Holly Road, this assemblage presents a rare opportunity to capitalize on a high-demand location. The asking price for this combined ownership opportunity is $2,125,000.

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Lot 1.63 ac (70,785 SF)
    Zoning code I-1
    APN 3144107
    UPID US53-1894887
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Evan T Karagias · 14 yrs held
    Evan T Karagias
    since 2012
    1 recorded transaction
    2012
    $100,000
    Zoning & alternative use
    I-1 · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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