8620 Jw Clay Blvd, Charlotte, NC 28262-8418
- Showrooms
- 25,328 SF
- 3.65 lot acres
Current Use by Public Records
- RAC Acceptance / Interior Design
- Spirit Halloween / (Bike/Boat/Book/etc) Store
Property Details for 8620 Jw Clay Blvd
- Year built
- 1996
- Lot size
- 3.65 lot acres
- Zone code
- B-1SCD
- Property type
- Showrooms
- APN
- 4725209
- APU
- 4725209
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 20, 2024 | $4,000,000 | J H Young Investment INC | Logan Carolina Place Associates Ltd | Special Warranty Deed | $4.5M · First Citizens Bank & Trust Co |
| Dec 20, 2024 | — | J H Young Investment INC | Logan Carolina Place Associates Ltd | Deed | — |
| — | — | Logan Carolina Place Assocs Lt | — | Deed Of Trust · related | $1.9M · Td Bank NA |
Description
This exceptional Class A retail property, located at 8620 JW Clay Blvd in Charlotte, NC, presents a unique investment opportunity. The single-tenant building sits on a substantial 3.68-acre lot, offering significant potential for expansion or redevelopment. Its prime location within Mecklenburg County ensures high visibility and accessibility, making it ideal for a variety of retail businesses. The property is classified as Street Retail, indicating its advantageous frontage and exposure to pedestrian and vehicular traffic. The building's total square footage is 1 square foot, suggesting a potential for new construction or significant renovation. The property's zoning and permitted uses should be verified independently. This is a rare chance to acquire a large parcel of land in a thriving Charlotte commercial corridor. The address is easily accessible and benefits from excellent visibility. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding the property's current condition, zoning regulations, and potential uses are available upon request. This is a blank canvas for a discerning investor or developer seeking a high-impact retail presence in a dynamic market.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $6,270,000
- 6.5%
- $5,785,000
- 7%
- $5,375,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.753
- Latitude
- 35.3092
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
