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    149 Providence Rd Concord, NC 28027

    Sponsored
    For Sale
    $2,300,000

    Prime Concord location, 3,710 SF, 18 parking spaces.

    Property size:
    3,710 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional medical office building, located at 149 Providence Road in Charlotte, North Carolina, presents a unique investment opportunity. Situated on a 0.385-acre lot in the vibrant Midtown Medical District, this 3,710 square foot property boasts high visibility on Providence Road at South Colonial Avenue. The building offers ample parking with 18 spaces, including provisions for handicapped accessibility. The asking price for this well-located medical office building is $2,300,000. Its convenient location within the Midtown Medical District ensures easy access for patients and staff. The property's size and parking capacity make it ideal for a variety of medical practices or related businesses. The address is 149 Providence Road, Charlotte, NC 28027, within Mecklenburg County. This property offers a compelling combination of location, size, and amenities, making it an attractive prospect for discerning investors seeking a foothold in a thriving medical market. The total usable space is 3,707 square feet.

    Property Features for 149 Providence Rd

    General Information

    Property type
    Medical offices
    Square Feet
    3,710 SF
    Lot Size
    16,771 SF

    HighLights

    • 3,707 square foot medical office building.
    • Located at 149 Providence Road, Charlotte, NC 28027 (Mecklenburg County).
    • Situated on a 0.385‑acre lot in the Midtown Medical District.
    • High visibility on Providence Road at South Colonial Avenue.
    • 18 parking spaces, including handicapped‑accessible spaces.
    • Asking price: $2,300,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Concord
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.6548882
    Latitude
    35.4002721

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    FAQs

    What type of property is this?
    Medical office - Prime Concord location, 3,710 SF, 18 parking spaces.
    Where is this medical office located?
    The property is located at 149 Providence Rd Concord, NC.
    What is the asking price?
    The asking price for this property is $2,300,000.
    What are key features of this property?
    This property features: 3,707 square foot medical office building.; Located at 149 Providence Road, Charlotte, NC 28027 (Mecklenburg County).; Situated on a 0.385-acre lot in the Midtown Medical District.
    Request Owner's contact information
    149 Providence Rd Concord, NC 28027
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    Concord, NC 28027
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    149 Providence Rd Concord, NC 28027
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