428 4Th St Charlotte, NC 28202
- Office Properties & Spaces
- 448 SF
- 0.35 lot acres
Current Use by Public Records
- John W. Hall, PhD, ABPP / Marriage Or Relationship Counselor / Mental Health Service
- Tom Stagg, LCSW / Psychotherapist
- Southern Elevator Group / Elevator Service
- Flex5 By PetroFitness / Wellness Program / Physical Fitness Program
- Milsaps & Bratton PLLC / Legal Services
Property Details for 428 4Th St
- Year built
- 1986
- Lot size
- 0.35 lot acres
- Property size
- 448 SF
- Zone code
- UMUD
- Property type
- Office Properties & Spaces
- APN
- 12502419
- APU
- 12502419
Description
This exceptional single-tenant office space, totaling 2,664 square feet, is ideally situated in the heart of Charlotte's vibrant Downtown submarket at 428 E 4th St, Charlotte, NC 28202. The property is classified as a Traditional Office space within a larger building, offering a unique opportunity for businesses seeking a prominent location. The entire space is currently vacant, presenting a blank canvas for customization to perfectly suit a new tenant's specific needs and operational requirements. With its central location, this property offers unparalleled access to a wealth of amenities, including restaurants, retail establishments, and public transportation. The address, 428 E 4th St, provides excellent visibility and accessibility for clients and employees alike. This is a for-sale opportunity, perfect for owner-occupiers or investors seeking a strong foothold in Charlotte's thriving commercial real estate market. The property's size makes it suitable for a variety of businesses, from small startups to established companies seeking a strategic downtown presence. The building's classification as "Special Purpose" in addition to "Office" suggests potential for unique uses, subject to city regulations and approvals. This is a rare chance to acquire a fully vacant, single-tenant office space in a highly desirable downtown location. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $270,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $330,000
- 6.5%
- $295,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $305,000
- Geo Method
- $325,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $320,000
- Mixed-Use
- $270,000
- Hospitality
- $270,000
- Educational
- $250,000
- Residential Income
- $325,000
- Energy
- $270,000
- Income-Based Land
- $240,000
- Food Service
- $270,000
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8406
- Latitude
- 35.223
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
