Property profile

5818 Highland Shoppes Dr Charlotte, NC 28269

OFF-MARKET
Grocery and convenience stores
Property ID
US53-0045395
68,645 SF 9.54 ac lot Built 2000
Entity Owned 4-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2000
Total area 68,645 SF
Lot 9.54 ac (415,562 SF)
Zoning code NS
APN 2931104
UPID US53-0045395

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
  • Dental Office
  • Restaurant
  • Dental Office
  • Courier Service Postal Service
  • Courier Service Postal Service

Location

5818 Highland Shoppes Dr Charlotte, NC 28269-2662
Charlotte metro Census 5529 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$14.77M
Comparable Approach Comparable
by Request
Blend (final) Blend
$11.14M

Owner & transaction history

since 2021
7 recorded transactions
2021
Price N/A
2015
$15.9M
2010
$21,860
2007
$12.9M
1999
$231,500
1996
$524,000
1969
Price N/A

Zoning & alternative use

NS · Charlotte, NC
Zoning description

The purpose of the Neighborhood Services District (NS) is to encourage and accommodate the development and continued existence of mixed use districts, which provide a focus for neighborhood retail and service activities

General category MIXED_USE

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 5818 Highland Shoppes Dr?
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