2900 Wilkinson Blvd, Charlotte, NC 28208-5624
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.
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Bar-B-Q King Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
B-2 · Charlotte, NCCharlotte. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.