411 Billingsley Rd Charlotte, NC 28211
- Office Properties & Spaces
- 1,728 SF
- 2.05 lot acres
Current Use by Public Records
- Dr. David Moore / Pediatric Dentist / Practitioner Service Location
- Dr. Shivani Desai / Pediatric Dentist / Health Care Facility
- Sarav Patel / Oral And Maxillofacial Surgeon
- Daniel Cook / Oral Surgeon
- Dr. Richard Kapitan / Oral Surgeon
Property Details for 411 Billingsley Rd
- Year built
- 1990
- Lot size
- 2.05 lot acres
- Property size
- 1,728 SF
- Zone code
- O15CD
- Property type
- Office Properties & Spaces
- APN
- 15704139
- APU
- 15704139
Description
This exceptional two-unit medical office condo, located at 411 Billingsley Rd in Charlotte, North Carolina, presents a lucrative investment opportunity. Boasting 4,370 square feet of space, this two-story building was constructed in 1990 and is zoned O-15 CD. The property is ideally suited for a variety of medical practices, offering ample space for patient care, administrative offices, and support services. The building's strategic location in Mecklenburg County, zip code 28211, provides excellent accessibility and visibility. A video tour is available online, showcasing the property's features and condition. The asking price for this turnkey medical office condo is $2,114,512. This represents a compelling investment in a thriving Charlotte market, offering strong potential for rental income and appreciation. The property's solid construction and established location make it an attractive option for both seasoned investors and first-time buyers seeking a stable, high-demand asset. Serious inquiries are encouraged to explore this exceptional opportunity further. Further details regarding the property's financial performance and operational history are available upon request.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,485,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,360,000
- 6.5%
- $1,145,000
- 7%
- $1,170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,455,000
- Geo Method
- $1,085,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,455,000
- Retail
- $1,080,000
- Mixed-Use
- $1,090,000
- Hospitality
- $1,465,000
- Educational
- $1,385,000
- Residential Income
- $1,405,000
- Energy
- $1,440,000
- Income-Based Land
- $1,405,000
- Food Service
- $1,435,000
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8053
- Latitude
- 35.1906
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA