Property profile

8940 Circumferential Rd Charlotte, NC 28227

OFF-MARKET
Commercial land
Property ID
US53-2431106
6.84 ac lot
Entity Owned 2-yr Hold Free & Clear
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Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 6.84 ac (297,776 SF)
Zoning code CC
APN 10930165
UPID US53-2431106

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8940 Circumferential Rd Charlotte, NC 28227
Charlotte metro Census 1916 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.50M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.50M

Owner & transaction history

since 2024
Last sale
$4.5M
1 recorded transaction
2024
$4.5M

Zoning & alternative use

CC · Charlotte, NC
Zoning description

The commercial center development district is hereby established in order to accommodate, in areas outside of the Uptown Charlotte expressway loop, the development of shopping centers and individual retail establishments…

General category COMMERCIAL

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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