Technical
Financial
Distress signals
Property profile

19930 W Catawba Ave Cornelius, NC 28031

FOR LEASE
Strip malls
Property ID
US53-2143240
23,185 SF 2.36 ac lot Built 2000
Entity Owned 1-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 19930 West Catawba Avenue in Cornelius, North Carolina, offers a fantastic opportunity for businesses seeking high-visibility space in a thriving community. The property boasts a total of 5,311 square feet, currently entirely vacant and ready for immediate occupancy. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 2,311 square feet to a maximum contiguous space of 3,000 square feet. This presents a unique opportunity for either a single large tenant or multiple smaller businesses to establish themselves in this desirable location. Situated in Mecklenburg County, the property sits on a 4,052 square foot lot, providing ample space and visibility. The property is classified as Commercial Retail and is ideal for a variety of retail uses. Its convenient location in Cornelius, NC (zip code 28031) ensures high foot traffic and easy access for customers. The property is ready for immediate lease and offers a blank canvas for businesses to create their ideal retail space. Don't miss this chance to secure a prime retail location in a rapidly growing area. Contact us today to learn more about leasing options and to schedule a viewing.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 2000
Total area 23,185 SF
Lot 2.36 ac (102,845 SF)
Zoning code VC
APN 512145
UPID US53-2143240

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Take-out & Catering
  • Training Center
  • Interior Design Home Decor Store
  • Pet Grooming Service

Location

19930 W Catawba Ave Cornelius, NC 28031
Cornelius metro Census 6208 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.55M

Owner & transaction history

since 2025
7 recorded transactions
2025
$5.9M
2019
Price N/A
2016
Price N/A
2015
$3.8M
2012
$2.1M
2005
Price N/A
1999
$1.0M

Zoning & alternative use

VC · Cornelius, NC
Zoning description

The Village Center district is coded to encourage the development of large-scale mixed-use districts that compliment and serve the daily needs of adjoining neighborhoods and are supported by existing and planned transpor…

General category MIXED_USE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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