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    Property profile & analytics
    OFF-MARKET Estimated value $1,080,000
    Strip malls

    2020 Beatties Frd Rd, Charlotte, NC 28216-4577

    5,918 SF 0.59 ac lot Built 1989
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US53-1487203
    Property summary
    AI-generated overview

    This exceptional 5,815 square foot commercial property, located at 2020 Beatties Ford Road in Mecklenburg County, presents a unique investment opportunity. The single-story, Class B building sits on a 0.47-acre lot at a high-visibility corner location, boasting 23,000 vehicles per day passing by. Currently, the entire 5,815 square feet is vacant and available for lease, offering flexibility for a variety of uses. The zoning is B-1, allowing for diverse tenants. The building features eight suites in total, providing options for single or multi-tenant occupancy. Potential uses include medical or dental offices, creative office spaces, retail establishments, restaurants, or a combination thereof. The property benefits from convenient access to major highways, I-85 and I-77, and is situated in a historically significant area with a thriving commercial environment. The building's location offers excellent visibility and accessibility, making it an ideal location for businesses seeking a high-traffic area with strong community ties. One space of approximately 1,700 square feet is highlighted as immediately available. This property represents a rare chance to establish a presence in a dynamic and growing neighborhood. The cross street is Lasalle Street.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1989
    Total area 5,918 SF
    Lot 0.59 ac (25,493 SF)
    Zoning code B-1
    APN 7503602
    UPID US53-1487203
    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
    Current use
    Occupant on record · Public records
    • Juice Box Specialty Food Shop (Bike/Boat/Book/etc) Store
    • TD Bank Bank Loan Service
    • Go Station Charging Station Electric Vehicle Charging Station
    • Milestone's Icon and Rocket Mural Resort
    • Convenience Shop Mart Grocery & Convenience Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.08M
    Owner & transaction history
    Legacy Pointe II LLC · 3 yrs held
    Legacy Pointe II LLC
    since 2023
    7 recorded transactions
    2023
    2022
    2021
    $1.1M
    2021
    2020
    $1.1M
    2020
    2017
    $630,000
    Zoning & alternative use
    B-1 · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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