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Property profile & analytics

218 Baldwin Ave Charlotte, NC 28204

  • Office buildings
  • 2,240 SF
  • 0.28 lot acres
Value Estimation
$1,335,000
Last Sale
Jun 27, 2024
$1,300,000
Location Intelligence
Property ID
US53-1429205
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Santosh Kumar Gopalakrishnan / Internist

Property Details for 218 Baldwin Ave

Year built
1984
Lot size
0.28 lot acres
Property size
2,240 SF
Zone code
O-2
Property type
Office buildings
APN
12511305
APU
12511305

Description

This exceptional 2,240-square-foot medical office space is available for immediate occupancy. Located in a prime Midtown location just off Providence Road, this single-story, Class C building offers convenient access to numerous amenities. Built in 1984, the property features a well-designed layout including multiple exam rooms, private offices, and a dedicated employee breakroom. Ample parking is provided with 18 spaces available on-site. The building also includes valuable attic storage space. The all-inclusive monthly lease rate of $5,500 covers taxes, insurance, and exterior maintenance, simplifying budgeting and management. Its strategic location offers easy access to Novant Health Presbyterian Medical Center and the CPCC campus, as well as a variety of restaurants within walking distance. The 0.29-acre lot ensures ample space and convenient access for patients and staff. This single-tenant property presents a unique opportunity for medical professionals seeking a well-equipped and conveniently located office space. The short-term lease option provides flexibility for businesses with evolving needs. Don't miss this chance to establish your practice in a thriving Midtown location.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $1,300,000
  • CAP approach

    CAP return
    Estimation
    6%
    $1,260,000
    6.5%
    $1,320,000
    7%
    $1,265,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $1,435,000
    Geo Method
    $1,550,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $1,225,000
    Retail
    $1,300,000
    Mixed-Use
    $1,255,000
    Hospitality
    $1,625,000
    Educational
    $1,325,000
    Residential Income
    $1,385,000
    Energy
    $1,365,000
    Income-Based Land
    $1,445,000
    Food Service
    $1,300,000

Location Insight

  • Map
  • Local Demand
City
Charlotte
County
Mecklenburg
State
North Carolina
Longitude
-80.8298
Latitude
35.2119
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$10,444
$1,280,400
$143,400
$1,423,800
-
$1,280,400
$143,400
$1,423,800
More about this property
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