821 Louise Ave Charlotte, NC 28204
- Office buildings
- 3,432 SF
- 0.51 lot acres
Current Use by Public Records
- Studio B Mastering / Recording Studio
- Rfi Audio / Electronics Repair Shop
- Sunny Day Towing & Auto Transportation / Auto Wrecker / Towing Service
- East Oak Media / Recording Studio
Property Details for 821 Louise Ave
- Year built
- 1967
- Lot size
- 0.51 lot acres
- Property size
- 3,432 SF
- Zone code
- B-2
- Property type
- Office buildings
- APN
- 8111427
- APU
- 8111427
Description
This well-maintained, single-story office building at 821 Louise Ave in Charlotte, NC, offers a unique blend of office space options. Located in the vibrant Plaza Midwood neighborhood, this property boasts convenient access to Uptown Charlotte, situated less than a minute from the Central Avenue and E 10th St intersection. The building's 4,376 square feet are divided into multiple suites, providing flexibility for various business needs. Individual office suites range from a minimum of 120 square feet to a maximum of 505 contiguous square feet, making it ideal for small businesses, startups, or satellite offices. Currently, 505 square feet of space is available. The building features a total of four suites, providing a manageable and intimate work environment. With ample parking for 20 vehicles, client and employee parking is readily available. Built in 1967, the building sits on a 0.48-acre lot (APN: 081-114-27) in Mecklenburg County and is zoned for coworking, traditional office, medical office, and creative office uses. Its proximity to a variety of retail, office, and high-rise residential units makes it an attractive location for businesses seeking a thriving and accessible environment. This property presents a fantastic opportunity for businesses seeking a well-located and versatile office space in a desirable Charlotte neighborhood.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $360,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $295,000
- 6.5%
- $255,000
- 7%
- $255,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $280,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $280,000
- Retail
- $215,000
- Mixed-Use
- $265,000
- Hospitality
- $205,000
- Educational
- $270,000
- Residential Income
- $240,000
- Energy
- $215,000
- Income-Based Land
- $255,000
- Food Service
- $275,000
Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8215
- Latitude
- 35.2227
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA