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    3726 Latrobe Dr Charlotte, NC 28211

    Sponsored
    For Sale
    $5,500,000

    22,185 SF Office Building - $5.5M

    Property size:
    22,185 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 22,185-square-foot traditional office building, located at 3726 Latrobe Drive in Charlotte, North Carolina, presents a compelling sale/leaseback opportunity. The Class B property, built in 1980 and extensively renovated in 2015, sits on a generous 3.13-acre lot (APN 15705146) and boasts a strong net operating income (NOI) of $336,000. The single-story structure is zoned ML-1 (Manufacturing & Logistics), offering considerable flexibility for future use. Detailed building plans are available upon request, along with an environmental report and operating expense information. The property is situated in the Arnold Palmer Center area, providing convenient access to key transportation routes and amenities. A short-term leaseback is negotiable, making this an attractive investment for discerning buyers. Further information regarding zoning regulations (UDO Use Regulation and Zoning Translation) is readily accessible. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Charlotte location. The asking price is $5,500,000.

    Property Features for 3726 Latrobe Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    22,185 SF
    Class
    B
    Lot Size
    136,343 SF

    Building Details

    Year Built/Renovated
    1980/2015
    Stories
    1

    HighLights

    • Short‑term leaseback negotiable.
    • Located in the Arnold Palmer Center area of Charlotte, NC.
    • Building plans, environmental report, and operating expense information available upon request.
    • Renovated in 2015.
    • Zoning resources (UDO Use Regulation and Zoning Translation) available.
    Property Profile Location Intelligence

    Current Use by Public Records

    CARE | Charlotte Animal ... Emergency Veterinarian Service Care 24 Hour ... Emergency Veterinarian Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.797504
    Latitude
    35.1944577

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    FAQs

    What type of property is this?
    Office Property / Space - 22,185 SF Office Building - $5.5M
    Where is this office property / space located?
    The property is located at 3726 Latrobe Dr Charlotte, NC.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Short-term leaseback negotiable.; Located in the Arnold Palmer Center area of Charlotte, NC.; Building plans, environmental report, and operating expense information available upon request.
    Request Owner's contact information
    3726 Latrobe Dr Charlotte, NC 28211
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    Charlotte, NC 28211
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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
    3726 Latrobe Dr Charlotte, NC 28211
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