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Property profile & analytics
OFF-MARKET Estimated value $920,000
Specialty properties

16601 Old Statesville Rd Huntersville, NC 28078-9582

5,608 SF 0.88 ac lot Built 1962
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US53-1824836
Property summary
AI-generated overview

This exceptional 0.87-acre retail property in Huntersville, NC, is perfectly positioned near the intersection of highways 115 and 73, offering unparalleled accessibility and visibility. Priced at $1,200,000, this land presents a unique opportunity for immediate development. All necessary approvals are in place, eliminating lengthy delays and streamlining the construction process. The property has received comprehensive approvals from the Town of Huntersville, the Department of Transportation (DOT), and other relevant authorities. These approvals encompass zoning compliance, a completed soil study, and all other required documentation. Furthermore, connection to the city sewer system is fully approved, simplifying infrastructure development. This turnkey opportunity is ideal for entrepreneurs seeking a prime location to establish a new business, eliminating the complexities and time associated with obtaining necessary permits and approvals. The property's strategic location and fully approved status make it an exceptional investment for immediate development and long-term growth. Don't miss this chance to capitalize on this ready-to-build retail site in a thriving Huntersville market.

Property profile
Verified
Property type Specialty properties
Use group FUNERAL HOME
Year built 1962
Total area 5,608 SF
Lot 0.88 ac (38,400 SF)
Zoning code HC(CD)
APN 911106
UPID US53-1824836
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
Current use
Occupant on record · Public records
  • Ramsey Corp Hardware & Home Improvement Home Appliance Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$960k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$920k
Owner & transaction history
Fnguy LLC · 5 yrs held
Fnguy LLC
since 2021
Last sale
$875,000
3 recorded transactions
2021
$875,000
2017
$500,000
2004
Price N/A
Zoning & alternative use
HC(CD) · Huntersville, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $860,000 +130.0%
Office building $835,000 +122.4%
Medical building $620,000 +66.1%
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