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Property profile

19600 W Catawba Ave Cornelius, NC 28031

FOR LEASE
Office buildings
Property ID
US53-5821149
27,288 SF 1.83 ac lot Built 1996
Last sale Nov 2024 · $775,000
Individually Owned Owner of record is an individual. 1-yr Hold Held for 1 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This property is a second-floor office suite with extensive window exposure overlooking Catawba Avenue. The suite’s existing configuration is designed to be divided into two separate units, totaling approximately 2,406 and 1,256 square feet for the designated spaces. Access is available from both Jetton Road and Catawba Avenue, and parking is provided in both the front and rear areas. The building is configured for office use and includes flexible suite configuration suitable for a range of office operations.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$30k
Tax billed · 2023
Assessed value · 2024$4.68M
Assessed land$1.95M
Assessed improvement$2.73M
Effective rate0.65%

Value estimate

· Oct 2026
$775k
$698k – $853k
AI approach$775k
NOI build-up
Gross scheduled income$95k
Vacancy & credit loss−$10k
Operating expenses−$21k
NOI · 247,015.38% cap applied$64k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$261/SF
ZIP average, outlier-cleaned · 69 recorded sales of this use type
Observed band · Q1–Q3$182 – $369

Cap rate analysis

How does the asset earn?
247,015.38%
$64k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
VC
The Village Center district is coded to encourage the development of large-scale mixed-use districts that compliment and serve the daily ...
General categoryMIXED_USE
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Wholesale Shop
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Wholesale Shop16.1
Building Supply14.9
Auto Parts Store14.8

Location

19600 W Catawba Ave Cornelius, NC 28031
County assessor Recorded deeds · 10 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
16930 Catawba, Cornelius, NC 28031-5638 $2,300,000 Apr 2025 12,998 SF
11125 Treynorth, Cornelius, NC 28031-8103 $3,000,000 Aug 2023 11,969 SF
21000 Torrence Chapel, Cornelius, NC 28031-6873 $1,471,000 Apr 2023 10,912 SF
19460 Jetton, Cornelius, NC 28031 $4,400,000 Jan 2022 17,960 SF
19354 Watermark, Cornelius, NC 28031-4111 $250,000 Jul 2020 13,434 SF
7628 Norman Is, Cornelius, NC 28031-8749 $650,000 May 2020 14,013 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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