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Property profile & analytics
OFF-MARKET Estimated value $1,600,000
Industrial properties

18335 Old Statesville Rd 100 Cornelius, NC 28031-9013

5,164 SF 7.64 ac lot Built 2002
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US53-5718978
Property summary
AI-generated overview

This exceptional 5,128 square foot warehouse, located at 18335 Old Statesville Road, Unit E & D, Cornelius, NC 28031, presents a compelling investment opportunity. Situated in Mecklenburg County, this industrial property boasts a prime location and is offered at an asking price of $1,200,000. The property features a total of 5,128 square feet of warehouse space, ideal for a variety of industrial uses. The property's address is clearly identified as 18335 Old Statesville Road, Units E and D, providing easy access and excellent visibility. The property's location in Cornelius, North Carolina offers convenient access to major transportation routes, enhancing logistical efficiency for businesses. The property's APN numbers are 00533146 and 00533147, providing further identification for due diligence purposes. This warehouse is ready for immediate occupancy and presents a rare opportunity to acquire a well-located industrial property in a thriving market. Serious inquiries are encouraged to explore this exceptional investment opportunity further. The property is classified as industrial and specifically as a warehouse. This listing represents a significant opportunity for investors seeking a strong return on investment in a desirable location.

Property profile
Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2002
Total area 5,164 SF
Lot 7.64 ac (332,668 SF)
Zoning code IC
APN 533139
UPID US53-5718978
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
  • The CORE Group Food Broker
  • Xtreme Fitness Center Gym & Fitness Center
  • Apex Technology Tech Support Center IT Consulting Firm
  • Artisan Signs & Graphics (Bike/Boat/Book/etc) Store Printing Service
  • Dr. Jennifer Smith Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.75M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.59M
Blend (final) Blend
$1.60M
Owner & transaction history
Pkj Properties LLC · 4 yrs held
Pkj Properties LLC
since 2021
Last sale
$1.5M
5 recorded transactions
2021
$1.5M
2021
Price N/A
2019
Price N/A
2005
$600,000
2003
$695,500
Zoning & alternative use
IC · Cornelius, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Industrial Campus districts are coded to permit the development of light industries. Such developments are typically too large in scale to fit within a neighborhood environment and should be buffered from surrounding neighborhood uses.

Zone name Industrial Campus
General category INDUSTRIAL
Zone area 361.56 ac
Source Realmo
Top alternative use upside
Medical building $1.9M +16.8%
Retail stores $1.6M +2.5%
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