6824 Wilgrove Mint Hl Rd Mint Hill, NC 28227-3428
- Warehouses
- 13,752 SF
- 1.86 lot acres
Current Use by Public Records
- Warehouses
Property Details for 6824 Wilgrove Mint Hl Rd
- Year built
- 1977
- Lot size
- 1.86 lot acres
- Property size
- 13,752 SF
- Zone code
- B-D
- Property type
- Warehouses
- APN
- 13707604
- APU
- 13707604
Description
This exceptional 13,816 square foot commercial property, located at 6824 Wilgrove Mint Hill Road in Mint Hill, North Carolina (zip code 28227), presents a unique investment opportunity. Classified as a Class B building, it offers a versatile blend of office, flex, and warehouse space, ideal for a variety of businesses. The property features multiple tenancies, with a significant portion currently vacant, totaling 6,809 square feet. This readily available space provides immediate occupancy potential. The layout includes a second-floor office component of 850 square feet, complementing the expansive ground-floor area suitable for warehouse or flex use. The property's location off Albemarle Road offers convenient access to major transportation routes, enhancing its logistical appeal. Situated in Mecklenburg County, this property benefits from a strong local economy and a thriving business community. The diverse space configuration makes it suitable for companies requiring a combination of office, storage, and light industrial operations. With its ample square footage and strategic location, this property represents a compelling opportunity for businesses seeking to establish or expand their operations in the vibrant Mint Hill market. The property's existing infrastructure and flexible layout offer significant potential for customization to meet specific business needs.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,515,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,560,000
- 6.5%
- $2,345,000
- 7%
- $2,255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,155,000
- Geo Method
- $2,160,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,300,000
- Retail
- $2,260,000
- Mixed-Use
- $2,785,000
- Hospitality
- $2,015,000
- Educational
- $2,715,000
- Residential Income
- $2,560,000
- Energy
- $2,165,000
- Income-Based Land
- $2,370,000
- Food Service
- $2,170,000
Location Insight
- Map
- Local Demand
- City
- Mint Hill
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.6695
- Latitude
- 35.2077
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA