Updated Oct 28, 2024
Dominium Sells 8.83 Acres Of Vacant Land In Charlotte, NC For $3M
7800 Creekridge Road, Charlotte, North Carolina 28212, United States
$3,000,000
Building Size
—
Asset Type
—
Closing
Aug 25, 2022
About this deal
AI
Located at 7800 Creekridge Road in Charlotte, NC, this vacant land property spans an impressive 8.83 acres. The property was recently sold in a transaction.
Summary of transaction details
- Property Type: Vacant Land
- Transaction Amount: $3,000,000
- Seller: Dominium
- Brokers: Eric Liebich & Ron Corrao - Capstone Land Sales
The transaction for this vacant land property was facilitated by brokers Eric Liebich and Ron Corrao from Capstone Land Sales. They represented the seller, Dominium, in the deal.
The commercial sale at 7800 Creekridge Road, Charlotte, North Carolina 28212, United States in Charlotte, North Carolina sold for $3M in 2022. Eric Liebich, Ron Corrao, Capstone Companies appear on the sale alongside Capstone Companies. This page is the Charlotte, North Carolina file for the 7800 Creekridge Road, Charlotte, North Carolina 28212, United States commercial sold: pricing, party profiles, and other closed commercial comps from the same Charlotte sit in the Market section below. Filter that Charlotte commercial set by closing date to see what else sold near 7800 Creekridge Road, Charlotte, North Carolina 28212, United States around 2022. Published consideration for 7800 Creekridge Road, Charlotte, North Carolina 28212, United States is $3M, dated 2022. Cite this Dominium Sells 8.83 Acres Of Vacant Land In Charlotte, NC For $3M sale when underwriting similar commercial product around Charlotte, North Carolina.
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.29%
Cash-on-Cash
-1.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93