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21200 Catawba - multiple parcels, Catawba Ave, Cornelius, NC
1.4 Acres of Commercial Land Offered at $1,600,000 in Cornelius, NC 28031
Investment Highlights
- Prime location near downtown Cornelius and the new Cain Center for the Arts, and I-77 Exit 36.
- Nearby neighbors include eateries, an elementary school, a public library, rooftops, and a major brand grocery store.
- 20,000 ave Vehicles/Day at the site along Catawba Ave; approx. 80,000 VPD at nearby I-77.
- $1,299,300 tax value.
Executive Summary
Property Facts Under Contract
| Price | $1,600,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 1.40 AC |
| Property Type | Land | Cross Streets | School St. |
| Price | $1,600,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 1.40 AC |
| Cross Streets | School St. |
1 Lot Available
Lot multiple
| Price | $1,600,000 | Lot Size | 1.40 AC |
| Price Per AC | $1,142,857.14 |
| Price | $1,600,000 |
| Price Per AC | $1,142,857.14 |
| Lot Size | 1.40 AC |
4 contiguous parcels include a signalized corner. Approx. 250' of frontage along W. Catawba Ave. and approx. 265' along School St. Totals +/- 1.4 acres. NMX zoning.
Description
Level parcels line Catawba Ave and School St. Short walk to the Cain Center for the Arts, now open. Neighbors include Cornelius Elementary School, the Cornelius branch of the Mecklenburg Co. Public Library, retail, and eateries. Approx. .6 miles from I-77 Exit 36. Short drive to downtown Davidson. Great redevelopment site with some commercial mix, as zoned. In McDowell watershed. Note that three of the parcels include SFRs, may be occupied by Tenants, please contact Agents prior to walking the property. Recent tax assessment is $1,299,300.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $369,000 | |
| Land Assessment | $386,800 | Total Assessment | $755,800 |
PROPERTY TAXES
zoning
| Zoning Code | NMX (Neighborhood mixed use zoning.) |
| NMX (Neighborhood mixed use zoning.) |
Presented by
21200 Catawba - multiple parcels, Catawba Ave, Cornelius, NC
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