Property profile

Davidson Gtwy Dr Davidson, NC 28036

OFF-MARKET
Commercial land
Property ID
US53-3956668
1.07 ac lot
Individually Owned 8-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a corner lot in Davidson, North Carolina, with utilities available on the parcel frontage along Griffith Street, including water, sewer, and power. The lot is zoned Lakeshore and is designated to support a variety of acceptable land uses. The site is configured for convenient access and offers street frontage along Griffith Street.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 1.07 ac (46,696 SF)
Zoning code L
APN 323190
UPID US53-3956668

Cap rate & NOI

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

Location

Davidson Gtwy Dr Davidson, NC 28036
Davidson metro Census 6403 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$310k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$310k

Owner & transaction history

since 2018
2 recorded transactions
2018
Price N/A
1969
Price N/A

Zoning & alternative use

L · Davidson, NC
Zoning description

The Lakeshore Planning Area is located at the entrance to Davidson from I-77, within easy walking and bicycling distance to large employment centers and downtown Davidson, and with ample access and vistas to Lake Norman,…

General category MIXED_USE

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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