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Bi-Lo 421 S NC 27 Hwy 41,575 SF Vacant Retail Building Stanley, NC 28164 For Sale
Investment Highlights
- Located just 15 miles from Charlotte in a high-growth corridor
- Positioned along Hwy 27 with over 10,000 vehicles per day
- Strong area demographics with average household incomes over $94,000
- Former grocery box with flexible layout and ample parking
- Surrounded by national retailers including CVS, Dollar Tree, and Wendy’s
- Entire building available, former grocery layout, open plan
Executive Summary
Positioned just 15 miles northwest of Charlotte, this ±41,575 SF former grocery box at 421 South Hwy 27 in Stanley, NC, offers a compelling investment opportunity in a high-growth corridor. The property sits on ±4.44 acres and benefits from strong regional spillover demand, driven by Charlotte’s rapid expansion and the area's rising residential base.
The site is located within an established retail corridor with excellent visibility along Hwy 27, which sees over 10,000 vehicles per day. Surrounded by national retailers such as Dollar Tree, CVS, Family Dollar, and Wendy’s, the property is well-positioned to serve a growing consumer base. The flexible open floorplate and ample surface parking make it ideal for repositioning into discount retail, medical, fitness, or entertainment uses.
With a 2025 projected average household income of over $94,000 within a 5-mile radius and a median home value approaching $280,000, the area offers strong demographics to support a wide range of retail or service-oriented tenants. The property’s General Business zoning further enhances its adaptability for future redevelopment or re-tenanting strategies.
The site is located within an established retail corridor with excellent visibility along Hwy 27, which sees over 10,000 vehicles per day. Surrounded by national retailers such as Dollar Tree, CVS, Family Dollar, and Wendy’s, the property is well-positioned to serve a growing consumer base. The flexible open floorplate and ample surface parking make it ideal for repositioning into discount retail, medical, fitness, or entertainment uses.
With a 2025 projected average household income of over $94,000 within a 5-mile radius and a median home value approaching $280,000, the area offers strong demographics to support a wide range of retail or service-oriented tenants. The property’s General Business zoning further enhances its adaptability for future redevelopment or re-tenanting strategies.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Supermarket
Building Size
41,575 SF
Building Class
B
Year Built
1999
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
4.44 AC
Zoning
G-B - General Business
Parking
235 Spaces (5.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
421 South Hwy 27 presents a rare leasing opportunity for tenants seeking a large-format retail space in a growing suburban market. The ±41,575 SF building, formerly occupied by a grocer, features a wide-open layout and generous parking, ideal for users in need of high visibility and easy customer access.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 41,575 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 41,575 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 41,575 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
421 South Hwy 27 presents a rare leasing opportunity for tenants seeking a large-format retail space in a growing suburban market. The ±41,575 SF building, formerly occupied by a grocer, features a wide-open layout and generous parking, ideal for users in need of high visibility and easy customer access.
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 134079 | Improvements Assessment | $2,434,890 |
| Land Assessment | $924,800 | Total Assessment | $3,359,690 |
Property Taxes
Parcel Number
134079
Land Assessment
$924,800
Improvements Assessment
$2,434,890
Total Assessment
$3,359,690
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Bi-Lo | 421 S NC 27 Hwy