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    Property profile & analytics

    19725 Oak St Cornelius, NC 28031

    • Retail space
    • 41,128 SF
    • 3.59 lot acres
    For Lease
    View listing
    Value Estimation
    Last Sale
    Nov 22, 2021
    Location Intelligence
    Property ID
    US53-1166458
    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.

    Current Use by Public Records

    • Lake Norman Tai Chi Center / Tai Chi School / Physical Fitness Program
    • Huntersville Lutheran Church / Lutheran Church
    • Modern day vintage at oak street mill antiques / Furniture Store
    • Sips LKN / Mobile Caterer
    • Spark Studio / Dance School

    Property Details for 19725 Oak St

    Year built
    1920
    Lot size
    3.59 lot acres
    Property size
    41,128 SF
    Zone code
    TC
    Property type
    Retail space
    APN
    521210
    APU
    521210

    Description

    This stunning, renovated Class A property, located in the heart of Cornelius, NC, offers exceptional office and retail space within a historic mill building. The Oak Street Mill Renovation boasts approximately 41,000 square feet across two stories, situated on a 4.74-acre lot. Currently, 11,000 square feet of space is available for lease, divisible into units as small as 1,500 square feet and up to a contiguous 11,000 square feet. Ideal for a variety of uses, including executive office suites, storefront retail, salons, or shop spaces, this property is perfectly suited for businesses seeking a unique and prestigious location. Built in 1920 and meticulously renovated for delivery in 2024, the building benefits from a C700 zoning designation. This prime location in the Mecklenburg County submarket, specifically the NC - Charlotte Northeast / I-77 area, is experiencing significant growth, with over 750 multifamily units planned nearby, ensuring a vibrant and expanding customer base. The property's historic charm combined with modern amenities makes it an unparalleled opportunity for businesses seeking a high-profile address in a thriving community. This is a rare chance to secure space in a landmark building within a rapidly developing area.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Cornelius
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8599
    Latitude
    35.4807
    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
    $23,564
    $2,539,500
    $1,107,000
    $3,646,500
    -
    $2,539,500
    $1,107,000
    $3,646,500

    Comparable in this City

    • Value Estimation by Request
      2,400 SF

      20900 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,400 SF
      20900 Main St, Cornelius, NC 28031-8408
      View Details
    • Value Estimation by Request
      42,338 SF

      17830 Statesville Rd

      RETAIL STORES (PERSONAL SERVICES) • 42,338 SF
      17830 Statesville Rd, Cornelius, NC 28031-9173
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    • Value Estimation by Request
      5,776 SF

      20528 Main St

      RETAIL STORES (PERSONAL SERVICES) • 5,776 SF
      20528 Main St, Cornelius, NC 28031-8522
      View Details
    • Value Estimation by Request
      8,031 SF

      19607 Statesville Rd

      RETAIL STORES (PERSONAL SERVICES) • 8,031 SF
      19607 Statesville Rd, Cornelius, NC 28031-8539
      View Details
    • Value Estimation by Request
      4,466 SF

      19701 Statesville Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,466 SF
      19701 Statesville Rd, Cornelius, NC 28031-8502
      View Details
    • Value Estimation by Request
      4,988 SF

      19020 Statesville Rd

      RETAIL STORES (PERSONAL SERVICES) • 4,988 SF
      19020 Statesville Rd, Cornelius, NC 28031-6758
      View Details

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    Similar Nearby for Lease

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      Historic Mill Space in Cornelius

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      3344 SF retail/office/medical space near I-77.
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      Outparcels and shop buildings available for lease in Cornelius.
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      Cornelius Retail Space Available

      Prime Retail Space, Multiple Units Available
      19930 Catawba Ave, Cornelius, NC 28031
      View Details
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    Cornelius, NC 28031
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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