5330 Statesville Rd Charlotte, NC 28269-4173
Property profile & analytics
5330 Statesville Rd Charlotte, NC 28269-4173
- Grocery and convenience stores
- 5,244 SF
- 1.74 lot acres
Property ID
US53-0086619
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Grocery and convenience stores
Property Details for 5330 Statesville Rd
- Year built
- 1921
- Lot size
- 1.74 lot acres
- Property size
- 5,244 SF
- Zone code
- B1
- Property type
- Grocery and convenience stores
- APN
- 4531201
- APU
- 4531201
Description
This exceptional investment opportunity presents a brand-new, 2024-built Circle K convenience store and gas station located at a signalized intersection on Statesville Rd in Charlotte, NC. The property boasts a 15-year absolute NNN lease with a franchisee tenant, offering zero landlord responsibilities. The 5,200 square foot building sits on a 1.74-acre lot with 16 parking spaces. Rent increases are built in, with a 10% bump every five years. The lease has a remaining term of 15 years, expiring December 31, 2039, and includes five, five-year renewal options. The property generates a strong NOI of $336,000, resulting in a 6.15% cap rate. This location benefits from high traffic volume (22,500 vehicles per day on Statesville Rd), a dense industrial corridor, and a robust, affluent surrounding area with significant population growth (11.95% within a 5-mile radius and 33.08% within a 1-mile radius from 2010-2024). The average household income within 5 miles is $95,585. Proximity to major medical centers, Charlotte's CBD, UNC Charlotte, and Charlotte Douglas International Airport further enhances the property's value. Numerous nearby destination retailers provide additional traffic and consumer draw. This is a turnkey investment with significant long-term potential. The asking price is $5,463,000.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $1,395,000
- 6.5%
- $1,290,000
- 7%
- $1,200,000
-
Alternative Use
- Use
- Estimation
- NEIGHBORHOOD: SHOPPING CENTER
- $1,570,000 Current use
- RETAIL STORES
- $1,700,000 Change: +8% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8373
- Latitude
- 35.2926
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$6,365
$576,200
$291,600
$867,800
-
$576,200
$291,600
$867,800
