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Property profile & analytics
OFF-MARKET Estimated value $6,370,000
Showrooms

8620 Jw Clay Blvd Charlotte, NC 28262-8418

25,328 SF 3.65 ac lot Built 1996
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US53-0852195
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 1996
Total area 25,328 SF
Lot 3.65 ac (158,994 SF)
Zoning code B-1SCD
APN 4725209
UPID US53-0852195
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
  • RAC Acceptance Interior Design
  • Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$5.79M
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.37M
Owner & transaction history
J H Young Investment INC · 1 yrs held
J H Young Investment INC
since 2024
3 recorded transactions
2024
$4.0M
2024
Price N/A
1969
Price N/A
Zoning & alternative use
B-1SCD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

The purpose of this district is to create and protect business centers for the retailing of merchandise such as groceries, drugs and household items and the provision of professional services for the convenience of dwellers of nearby residential areas

Zone name Business Shopping Center District
General category COMMERCIAL
Zone area 642.53 ac
Source Realmo
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