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Property profile & analytics
OFF-MARKET Estimated value $1,450,000
Industrial properties

7929 Statesville Rd Charlotte, NC 28269-3708

15,242 SF 0.92 ac lot Built 1977
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US53-1129163
Property summary
AI-generated overview

This exceptional flex space, situated at 7929 Statesville Rd in Charlotte, North Carolina, presents a compelling investment opportunity. The 15,150-square-foot building, constructed in 1981, sits on a 0.92-acre lot and is zoned ML-1. Boasting an updated office and showroom area, the property also features a warehouse with two loading docks and a generous ceiling height of 15 feet, 7 inches at its highest point. The building's prime location on Statesville Road offers excellent visibility and convenient access to I-77, ensuring strong logistical advantages. The asking price is $2,900,000, translating to a price per square foot of $191.42. This well-maintained property is ideal for a variety of industrial and flex-use businesses seeking a strategic location in the thriving Charlotte market. The property's combination of modern office space, functional warehouse area, and convenient access makes it a highly desirable asset. Its size and features make it suitable for a range of businesses seeking to establish or expand their operations in a dynamic and accessible location within Mecklenburg County. The 28269 zip code offers easy access to a robust workforce and a thriving local economy.

Property profile
Verified
Property type Industrial properties
Use group INDUSTRIAL (GENERAL)
Year built 1977
Total area 15,242 SF
Lot 0.92 ac (40,000 SF)
Zoning code I1
APN 3733203
UPID US53-1129163
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Emergency Restoration Xperts (ERX) Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$890k
Blend (final) Blend
$1.45M
Owner & transaction history
Atlantic East Properties LLC · 8 yrs held
Atlantic East Properties LLC
since 2017
7 recorded transactions
2025
Price N/A
2025
Price N/A
2017
$1.2M
2016
Price N/A
2016
Price N/A
2008
Price N/A
1969
Price N/A
Zoning & alternative use
I1 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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