Property profile

2900 Wilkinson Blvd Charlotte, NC 28208

OFF-MARKET
Turn key restaurants
Property ID
US53-1726310
1,508 SF 0.58 ac lot Built 1961
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses four parcels totaling 1.76 acres on bustling Wilkinson Blvd in Charlotte, NC. The property includes the location of the renowned BBQ King restaurant, established in 1961, a true Charlotte landmark. The combined frontage boasts 245.6 feet on Wilkinson Blvd and 255.54 feet on Weyland Avenue. Currently zoned CG (General Commercial), the property presents significant potential for redevelopment. The 2040 Comprehensive Plan designates the area for possible rezoning to a Transit-Oriented Development (TOD) or Community Activity Center (CAC) district, subject to city council approval. This prime location benefits from high traffic volume (32,679 vehicles daily) and proximity to numerous amenities, including a recently constructed Dunkin' Donuts, ABC Store, QT, 7-Eleven, Parker Veterinary Hospital, and Fire Department Station 10. The proposed Lynx SilverLine Light Rail will further enhance the area's accessibility and desirability. Parcel numbers are #06706804, #06706803, #06706806, and #06706816. This is a rare chance to acquire a significant piece of Charlotte's evolving commercial landscape, ideal for new development or expansion. The asking price is $3,900,000. The property is situated in an Opportunity Zone.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1961
Total area 1,508 SF
Lot 0.58 ac (25,268 SF)
Zoning code B-2
APN 6706804
UPID US53-1726310

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
  • Restaurant

Location

2900 Wilkinson Blvd Charlotte, NC 28208-5624
Charlotte metro Census 4000 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$260k

Owner & transaction history

since 2025
Last sale
$3.7M
1 recorded transaction
2025
$3.7M

Zoning & alternative use

B-2 · Charlotte, NC

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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