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    FOR SALE
    Commercial land

    200 N Polk St, Pineville, NC 28134

    2,580 SF 1.7 ac lot Built 1974
    Individually Owned 9-yr Hold Free & Clear
    Property ID
    US53-1036675
    Property summary
    AI-generated overview

    This exceptional 1.82-acre commercial land parcel is ideally situated at 200 N. Polk Street in Pineville, North Carolina, zip code 28134, within Mecklenburg County. Offered at $1,000,000, this property presents a remarkable development opportunity. Its prime location boasts excellent visibility on N. Polk Street, ensuring high traffic exposure for any future development. The site's strategic positioning offers convenient access to Interstate 485, just 1.2 miles away, providing seamless connectivity to the wider Charlotte metropolitan area. This accessibility makes the land highly attractive for a variety of commercial ventures, including multifamily housing, medical office buildings, or retail establishments. The thriving area surrounding the property suggests significant growth potential, making this a sound investment for developers seeking a high-impact location. The property's size and location combine to create a compelling opportunity for substantial returns. Serious inquiries are encouraged to explore the possibilities this exceptional commercial land parcel offers. The property is zoned for commercial use (verification of zoning with local authorities is recommended).

    Property profile
    Verified
    Property type Commercial land
    Use group VACANT COMMERCIAL LAND
    Year built 1974
    Total area 2,580 SF
    Lot 1.7 ac (74,096 SF)
    Zoning code B-3
    APN 20709322
    UPID US53-1036675
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Abraham Khalil · 9 yrs held
    Abraham Khalil
    since 2016
    2 recorded transactions
    2016
    $250,000
    2013
    Zoning & alternative use
    B-3 · Pineville, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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