Property profile

Davidson, NC 28036

OFF-MARKET
Office buildings
Property ID
US53-1888315
0.09 ac lot
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This property is a former restaurant building with a total floor area of 3,969 square feet. It is located approximately one-quarter mile from the intersection of N.C. 150 and I-77 and sits adjacent to a BJ’s Wholesale Club, with Iredell Mooresville Hospital nearby (247-bed facility). The surrounding area includes major retail users such as Sam’s Club, Target, Best Buy, Lowe’s Home Improvement, and Walmart. The property features pylon signage with visibility from I-77.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.09 ac (3,981 SF)
Zoning code CC
APN 301110
UPID US53-1888315

Cap rate & NOI

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

Location

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
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

Owner & transaction history

Zoning & alternative use

CC · Davidson, NC
Zoning description

The College Campus Planning Area is established to provide for the ongoing use and expansion of Davidson College within a traditional academic campus environment. Development in this planning area promotes the many varie…

General category RESIDENTIAL

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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