6924 Orr Rd Charlotte, NC 28213
- Warehouses
- 149,703 SF
- 16.12 lot acres
Current Use by Public Records
- Mapsse / Massage Spa
- Platinum Roofing / Roofing Contractor
- Carocraft Cabinets, Inc. / Manufacturer
- Carocraft Cabinets Inc / Cabinet Maker
Property Details for 6924 Orr Rd
- Year built
- 1990
- Lot size
- 16.12 lot acres
- Property size
- 149,703 SF
- Property type
- Warehouses
- APN
- 9723102
- APU
- 9723102
Description
This ±149,810 square foot multi-tenant industrial facility, located at 6924 Orr Rd in Charlotte, NC, offers ±116,978 square feet of immediately available warehouse, manufacturing, or distribution space for lease. Situated in Mecklenburg County, this last-mile, e-commerce-ready building boasts a strategic location just north of the Central and Atando submarkets, providing excellent access to major transportation routes. The property enjoys convenient proximity to I-85, a mere 3.5 miles away, significantly reducing transportation costs and transit times. The building features impressive ceiling heights ranging from 19 to 26 feet, allowing for efficient storage and operations. Nine 8' x 9' dock-high doors and one 16' x 16' drive-in door ensure smooth and efficient loading and unloading of goods. A comprehensive wet sprinkler system is in place, providing essential fire protection. Ample parking is available, with 1.2 acres dedicated to trailer parking, accommodating approximately 100 trailers in an auxiliary front lot. The property is zoned ML-1. This exceptional facility presents a rare opportunity to secure a substantial industrial space in a highly desirable and accessible location within the thriving Charlotte market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $12,445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $11,720,000
- 6.5%
- $10,450,000
- 7%
- $10,380,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,465,000
- Geo Method
- $10,950,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,435,000
- Retail
- $11,285,000
- Mixed-Use
- $11,715,000
- Hospitality
- $11,930,000
- Educational
- $12,090,000
- Residential Income
- $11,025,000
- Energy
- $10,205,000
- Income-Based Land
- $10,390,000
- Food Service
- $10,635,000
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.7470088
- Latitude
- 35.2642354
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA