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- LoopNet Team
5301 Nations Crossing Rd
Charlotte, NC 28217
Land For Sale
·
1.66 AC

INVESTMENT HIGHLIGHTS
- High Visibility from Exit 5 (Woodlawn) Interstate 77
- Level Topo
- Near LOSO District and Downtown Charlotte
- I-2 now ML-2 Zoning on 2.917 Acres +/-
- High Residential Density Nearby
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 1.66 AC |
| Property Subtype | Industrial | Year Built | 1966 |
| Proposed Use |
Commercial
|
||
| Zoning | I-2 - I-2 Zoning is now ML-2 Zoning per recent recent UDO 06/1/23. | ||
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use |
Commercial
|
| Total Lot Size | 1.66 AC |
| Year Built | 1966 |
| Zoning | I-2 - I-2 Zoning is now ML-2 Zoning per recent recent UDO 06/1/23. |
DESCRIPTION
Seller is willing to entertain owner financing depending on offer Seller is motivated! • 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
PROPERTY TAXES
| Parcel Number | 169-021-24 | Improvements Assessment | $590,500 |
| Land Assessment | $530,600 | Total Assessment | $1,121,100 |
PROPERTY TAXES
Listing ID: 29034736
Date on Market: 7/18/2023
Last Updated:
Address: 5301 Nations Crossing Rd, Charlotte, NC 28217
The Tyvola-Woodlawn Station Land Property at 5301 Nations Crossing Rd, Charlotte, NC 28217 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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