Property profile

11642 Mccord Rd Huntersville, NC 28078

FOR LEASE
Industrial land
Property ID
US53-0487631
7.51 ac lot
Entity Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6-acre property, located at 11642 McCord Rd, Huntersville, NC 28078, presents a unique investment opportunity. Zoned SP, this versatile land parcel offers significant potential for a variety of commercial and industrial uses. Currently configured as an outdoor storage site, permitted uses include, but are not limited to, contractor offices, container storage, commercial vehicle parking, tractor-trailer parking, and equipment storage. The property's zoning allows for flexibility and adaptability to suit diverse business needs. The expansive 6-acre lot provides ample space for large-scale operations or the possibility of subdivision to accommodate multiple tenants. Its strategic location in Huntersville, North Carolina, offers convenient access to major transportation routes and a thriving business community. The property's APN is 01101238. This is a single-tenancy property ideal for businesses seeking a substantial land holding with outdoor storage capabilities. The property's size and zoning make it an attractive option for companies requiring significant space for equipment, vehicles, or materials. Serious inquiries are encouraged to explore the full potential of this prime Huntersville location. The property is available for immediate consideration.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 7.51 ac (326,918 SF)
Zoning code CB
APN 1101238
UPID US53-0487631

Cap rate & NOI

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

Location

11642 Mccord Rd Huntersville, NC 28078
Huntersville metro Census 6311 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.65M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.44M

Owner & transaction history

since 2023
Last sale
$4.3M
5 recorded transactions
2023
$4.3M
2018
Price N/A
2006
$640,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CB · Huntersville, NC
Zoning description

CB Corporate Business District Commercial VS Passenger Vehicle Sales District Commercial SP Special Purpose District Commercial 3.1.2 Conditional Zoning Districts Conditional zoning districts correspond to general distri…

General category COMMERCIAL

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?”
More about this property
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