Property profile

Waxhaw Pkwy Waxhaw, NC 28173

OFF-MARKET
Commercial land
Property ID
US53-3568793
0.49 ac lot
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This commercial property is configured to support office suites and coworking use, with storefront exterior entrances/exits for exterior suites and shared main entrances. Spaces are accessed either through key-fob-controlled interior entrances or via storefront entrances with private keys and key fobs for the main entrances. The property includes common areas featuring a conference room, kitchen, and restrooms, and provides an on-site postal box and an identity placard as part of the suite setup. Lease structure is gross, with the landlord covering common janitorial services, water, trash, and utilities, excluding phone service, and includes shared/common-area access for tenants. Exterior suites have their own storefront entrances in addition to sharing the main entrances, while interior suites rely on key fob entry. Coworking configurations are available for a small group setup with shared office resources such as a shared printer and shared office furnishings. The property is located on the approach to historic downtown Waxhaw, situated off Highway 16 (Providence Rd South), near Old Hickory Shopping Center, in an area characterized by retail and dining options; the listing states a suite size of 150 square feet.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.49 ac (21,344 SF)
Zoning code C-3 WAXHAW
APN 06-141-045D
UPID US53-3568793

Cap rate & NOI

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

Location

Waxhaw Pkwy Waxhaw, NC 28173
Waxhaw metro Census 21013 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$230k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$230k

Owner & transaction history

1 recorded transaction
1969
Price N/A

Zoning & alternative use

C-3 WAXHAW · Waxhaw, NC

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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