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    OFF-MARKET
    Retail properties & Spaces

    8000 Hedrick Cir, Huntersville, NC 28078

    1.66 ac lot
    Property ID
    US53-0906152
    Property summary
    AI-generated overview

    This exceptional 1.66-acre commercial land parcel, located at 8000 & 8016 Hedrick Circle in Huntersville, NC, presents a unique investment opportunity. Situated in a rapidly developing area near the intersection of Mt. Holly Huntersville Road and Beatties Ford Road, this property enjoys excellent visibility and convenient access to I-485 and Northlake Mall. The site is surrounded by established businesses including Food Lion, CVS, Family Dollar, a daycare center, a barbecue restaurant, a karate school, and mini-warehouses, indicating a strong existing commercial presence. Infrastructure is readily available, with city water, sewer, and gas services already at the street. While the existing structure on the property has no value, the land itself holds significant potential. A 2005 small area plan designates this location as suitable for commercial/retail or office use. This property's strategic location, coupled with the area's robust growth trajectory and the availability of utilities, makes it ideal for a variety of commercial developments. Furthermore, the possibility of combining this 1.66-acre parcel with other available properties allows for the creation of a larger, 7.32-acre project. The surrounding area is experiencing a surge in approved residential projects, further enhancing the long-term prospects of this commercial land. This is a prime opportunity for developers seeking to capitalize on the burgeoning growth in Huntersville. The property requires rezoning.

    Property profile
    Verified
    Property type Retail properties & Spaces
    Lot 1.66 ac (72,310 SF)
    UPID US53-0906152
    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
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
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    CAP Approach CAP
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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