Property profile

700 Griffith Rd Charlotte, NC 28217

OFF-MARKET
Auto shops
Property ID
US53-1194121
10,500 SF 3.27 ac lot Built 1990
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 10,500-square-foot manufacturing facility, situated on a 3.33-acre lot in Charlotte, NC, presents a compelling investment opportunity. Built in 1990, this single-story building boasts an impressive 18-foot ceiling height, ideal for various industrial applications. The property features eight 14 x 12-foot roll-up doors, ensuring efficient loading and unloading. Its strategic location offers convenient access to I-77, placing it within minutes of major transportation arteries and near the North Carolina/South Carolina border. Zoned ML2 (Manufacturing & Logistics), this property is well-suited for light industrial uses, including manufacturing, warehousing, or distribution operations. The ample lot size provides substantial outdoor storage capacity, further enhancing its versatility and appeal. The property's vacant status allows for immediate occupancy and customization to meet specific business needs. This prime location and functional design make this an exceptional opportunity for businesses seeking a well-equipped industrial space with significant outdoor storage in a thriving Charlotte market. The property's address is 700 Griffith Rd, Charlotte, NC 28217. The APN is 169-131-01.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1990
Total area 10,500 SF
Lot 3.27 ac (142,354 SF)
Zoning code I-2
APN 16913101
UPID US53-1194121

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
  • Tattoo & Piercing Shop
  • Auto Repair Shop

Location

700 Griffith Rd Charlotte, NC 28217-3522
Charlotte metro Census 3807 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
$555k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2025
$4.0M
1993
$200,000

Zoning & alternative use

I-2 · 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
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