5301 Nations Crossing Rd, Charlotte, NC 28217
2.97 Acres of Industrial Land Offered at $3,975,000 USD in Charlotte, NC 28217
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,975,000
- Property Type
-
Land, Industrial
Listing Contacts
Gordon Allebach
Verified Profile
Kristen Ingram
Verified Profile
- Property Info
Property Overview
• Located in QCT (Qualified Census Tract)
• 3 minutes to Woodlawn-Lynx Station (1.1 miles)
• Location, Location! Exit 6A off Interstate 77 and Woodlawn—Can be seen from Interstate 77!
• 5301 Nations Crossing Rd, Charlotte and adjacent 1.25-acre parcel.
• Total of 2.971 Acres for both parcels: I-2 now ML-2 Zoning: Parcel ID: 16902124/16902124
• 11,347 SF +/- Industrial Building built in 1966.
• 2 Dock Highs and 1 Drive In.
• 3 Phase Power.
• 1,852 SF Office Space. HVAC in Office Space only. Unit replaced 5 years ago.
• Clear Height ranges from 17’- 27’
• 2021 NCDOT AADT: Interstate 77: 125,000-174,999 Woodlawn: 35,000-54,9990
• Level Topo
• Recent appraisal completed by Valbridge Appraisal Group
• Minutes from Downtown Charlotte and near Up-and-coming LOSO District
• Billboard Ground Lease on Site
• Near LOSO district: Charlotte's fastest-growing neighborhoods
The following was noted on the appraisal:
The area is urban in nature. The characteristics of the area and submarket can be summarized as follows:
• This area is in the growth stage of the market life cycle;
• Population is projected to be increasing;
• Most households are within the middle income brackets;
• There is a balanced supply of properties similar to the subject property;
• Land Values - Increasing;
• Development Activity - Stable to Increasing ;
• Transaction Volume - Increasing;
• Rental Rates - Increasing;
• Vacancy Rates - Stable
• 3 minutes to Woodlawn-Lynx Station (1.1 miles)
• Location, Location! Exit 6A off Interstate 77 and Woodlawn—Can be seen from Interstate 77!
• 5301 Nations Crossing Rd, Charlotte and adjacent 1.25-acre parcel.
• Total of 2.971 Acres for both parcels: I-2 now ML-2 Zoning: Parcel ID: 16902124/16902124
• 11,347 SF +/- Industrial Building built in 1966.
• 2 Dock Highs and 1 Drive In.
• 3 Phase Power.
• 1,852 SF Office Space. HVAC in Office Space only. Unit replaced 5 years ago.
• Clear Height ranges from 17’- 27’
• 2021 NCDOT AADT: Interstate 77: 125,000-174,999 Woodlawn: 35,000-54,9990
• Level Topo
• Recent appraisal completed by Valbridge Appraisal Group
• Minutes from Downtown Charlotte and near Up-and-coming LOSO District
• Billboard Ground Lease on Site
• Near LOSO district: Charlotte's fastest-growing neighborhoods
The following was noted on the appraisal:
The area is urban in nature. The characteristics of the area and submarket can be summarized as follows:
• This area is in the growth stage of the market life cycle;
• Population is projected to be increasing;
• Most households are within the middle income brackets;
• There is a balanced supply of properties similar to the subject property;
• Land Values - Increasing;
• Development Activity - Stable to Increasing ;
• Transaction Volume - Increasing;
• Rental Rates - Increasing;
• Vacancy Rates - Stable
Highlights
- High Visibility from Exit 5 (Woodlawn) Interstate 77
- I-2 now ML-2 Zoning on 2.917 Acres +/-
- Level Topo
- High Residential Density Nearby
- Near LOSO District and Downtown Charlotte
Nearby Properties
Similar Properties
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