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Property profile & analytics
OFF-MARKET Estimated value $9,555,000
Office buildings

1201 Woodrdg Ctr Dr Charlotte, NC 28217-1988

57,633 SF 5.69 ac lot Built 1986
Entity Owned 3-yr Hold Free & Clear
Property ID
US53-1433534
Property summary
AI-generated overview

This exceptional opportunity presents flexible office space within the well-maintained Wood Ridge Center, a two-building complex totaling 57,859 square feet. Located in Charlotte, NC, this Class B property offers immediate occupancy in a prime location adjacent to the vibrant LoSo district. The buildings, constructed in 1986, boast a single story design and sit on a spacious 5.69 acres of land. Units range from a minimum of 1,254 square feet to a maximum contiguous space of 5,326 square feet, catering to diverse business needs. Currently, 5,326 square feet of space is immediately available for lease. The property features convenient access to major transportation arteries, including proximity to I-77 (1.2 miles), I-85 (4.4 miles), and Charlotte Douglas International Airport (3 miles). Access is easily facilitated via Wood Ridge Center Drive and Westmont Drive, providing seamless connectivity to Billy Graham Parkway. Exterior improvements were recently completed in early 2024, enhancing the property's curb appeal and functionality. The property is zoned I-1 (CD) within Mecklenburg County and is professionally managed within a business park setting, ensuring a professional and efficient work environment. This is an ideal location for businesses seeking a blend of accessibility, modern amenities, and a thriving community atmosphere. The property consists of three total suites across two buildings.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Total area 57,633 SF
Lot 5.69 ac (247,987 SF)
Zoning code I1CD
APN 14302105
UPID US53-1433534
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Systel Business Equipment - Charlotte Big Box & Wholesale Store
  • The Corporate Associate Employment Agency
  • The Healing Center at Pat's Place CAC Charitable Organization Social Service Agency
  • FedEx Drop Box Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$9.56M
Owner & transaction history
Woodridge On The Parkway LLC · 3 yrs held
Woodridge On The Parkway LLC
since 2023
4 recorded transactions
2023
Price N/A
2016
Price N/A
1969
Price N/A
1969
Price N/A
Zoning & alternative use
I1CD · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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