Property summary
This exceptional turnkey daycare facility at 2010 Russell Avenue in Charlotte, NC, presents a unique investment opportunity. Spanning approximately 1,900 square feet on a 0.33-acre lot, this property is fully equipped and ready for immediate operation. Previously licensed for 39 children, the facility boasts a convenient location, attracting families due to its proximity to public transportation and several schools – two elementary schools, a middle school, and a high school are all within a mile. The property includes ample on-site parking, ensuring ease of access for both children and staff. Modern security systems are in place, providing peace of mind for parents and operators alike. The facility is fully compliant with all relevant codes and regulations, minimizing any potential start-up hurdles. This is an ideal acquisition for both new daycare operators seeking a fully functional space and experienced investors looking for a stable, high-demand business. The established infrastructure and prime location contribute to significant potential for consistent enrollment and strong returns. This turnkey solution eliminates the lengthy and often costly process of building and licensing a new facility, allowing for a swift and efficient entry into the thriving childcare market. The property is priced at $490,000.
Property profile
VerifiedCap rate & NOI
Current use
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Training Center Tutoring Service
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing, this conditional district allow for the e…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-8MF(CD) · Charlotte, NCThis district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing, this conditional district allow for the e…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing, this conditional district allow for the e…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-8MF(CD) in Charlotte, NC.
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