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    Red Rust Ln Charlotte, NC 28277

    Sponsored
    For Sale
    $4,900,000

    Prime 26,400 SF Medical Office Opportunity

    Property size:
    26,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 26,400 square foot medical office building opportunity in Charlotte, North Carolina, presents a unique investment prospect. Located on Red Rust Lane, near Ardrey Kell Road, this property boasts a highly desirable location with convenient access to major thoroughfares. The property, identified by APN 229-17-139, is zoned and approved for a medical/office building of up to 26,400 square feet. The asking price is $4,900,000. This presents a flexible investment opportunity

    Property Features for 0 Red Rust Ln

    General Information

    Property type
    Medical offices
    Square Feet
    26,400 SF

    HighLights

    • Up to 26,400 SF of developable space.
    • Outparcel development site at Red Rust Lane and Ardrey Kell Road.
    • Office or medical building opportunity.
    • Part of Parcel ID 229‑17‑139.
    • Strong surrounding businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.7800233
    Latitude
    35.0543365

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    FAQs

    What type of property is this?
    Medical office - Prime 26,400 SF Medical Office Opportunity
    Where is this medical office located?
    The property is located at Red Rust Ln Charlotte, NC.
    What is the asking price?
    The asking price for this property is $4,900,000.
    What are key features of this property?
    This property features: Up to 26,400 SF of developable space.; Outparcel development site at Red Rust Lane and Ardrey Kell Road.; Office or medical building opportunity.
    Request Owner's contact information
    Red Rust Ln Charlotte, NC 28277
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    Charlotte, NC 28277
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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
    Red Rust Ln Charlotte, NC 28277
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