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    18515 Old Statesville Rd Cornelius, NC 28031-9067
    Property profile & analytics

    18515 Old Statesville Rd Cornelius, NC 28031-9067


    • Industrial properties
    • 13,608 SF
    • 1.13 lot acres
    Off-Market
    Last Sale Oct 9, 2024
    $1,770,000
    Property ID
    US53-5562408
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,770,000
    Show details
    Cap Rate Potential
    4.3%
    Industrial properties
    Location Intelligence

    Current Use by Public Records

    • Gouveia Fitness / Gym & Fitness Center
    • The Fungo - An Indoor Training Center for Baseball and Softball / Arcade & Gaming Center / Sports Field & Court

    Property Details for 18515 Old Statesville Rd

    Year built
    2002
    Lot size
    1.13 lot acres
    Property size
    13,608 SF
    Zone code
    IC
    Property type
    Industrial properties
    APN
    533137
    APU
    533137

    Description

    This exceptional 13,500 square foot flex space industrial building, constructed in 2002, is ideally situated in Cornelius, North Carolina, at 18515 Old Statesville Rd, zip code 28031. The single-story building offers five suites, with a total of 32 parking spaces and five drive-in bays. Currently, the entire 13,500 square feet is available for lease. The space is highly versatile, catering to a range of business needs. Units can be leased individually, with a minimum divisible space of 2,625 square feet and a maximum contiguous space of 10,500 square feet. Each suite boasts a 14-foot ceiling height, providing ample vertical space. The building's prime location on a main road ensures excellent visibility, making it perfect for businesses requiring high foot traffic or prominent road frontage. The design is well-suited for businesses needing both retail/showroom space and warehouse storage, with each suite featuring both a front retail entrance and a rear bay door. The entire building is climate-controlled, offering year-round comfort. This property presents a unique opportunity for businesses seeking a functional and strategically located space in the thriving Lake Norman area, close to Charlotte.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $1,770,000
      ML approach
      $1,770,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,270,000
      6.5%
      $1,175,000
      7%
      $1,090,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $2,363,000
      Market price range: $1.72M - $3.63M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8464
    Latitude
    35.4626
    CBSA code
    16740
    CBSA name
    CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $10,148
    $435,600
    $1,134,800
    $1,570,400
    -
    $435,600
    $1,134,800
    $1,570,400
    More about this property
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