Property profile

5023 Wilkinson Blvd Charlotte, NC 28208

OFF-MARKET
Warehouses
Property ID
US53-1669834
8,160 SF 0.98 ac lot Built 1940
Entity Owned Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This 5,760 square foot warehouse, located at 5023 Wilkinson Blvd in Charlotte, North Carolina, presents a compelling opportunity. Built in 1968, the property boasts a single-tenant occupancy and is currently vacant, offering immediate availability. The warehouse features a ceiling height ranging from 12 to 14 feet, providing ample vertical space for storage or operations. Three-phase power is readily available, catering to industrial needs. The property is zoned ML-1 and sits on a sizable lot, presenting potential for redevelopment. Its prime location less than a mile from Charlotte Douglas International Airport and in close proximity to major interstates offers exceptional accessibility and logistical advantages for businesses requiring convenient transportation links. The Mecklenburg County property (APN: 11512113) is ready for immediate occupancy or redevelopment, making it a versatile option for various industrial uses. The 5,760 square feet of space provides significant room for operations, storage, or future expansion. This property offers a unique blend of immediate usability and redevelopment potential in a highly desirable location.

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1940
Total area 8,160 SF
Lot 0.98 ac (42,687 SF)
Zoning code I1
APN 11512113
UPID US53-1669834

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

5023 Wilkinson Blvd Charlotte, NC 28208-5445
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
$60k

Owner & transaction history

since 2025
Last sale
$1.3M
3 recorded transactions
2025
$1.3M
2020
$50,000
2018
Price N/A

Zoning & alternative use

I1 · 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 5023 Wilkinson Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message