1213 Morehead StCharlotte, NC 28208

Property Details for 1213 Morehead St

Year built

2018

Lot size

1.91 AC

Property size (Sq ft)

112,517 SF

Zone code

I2

Property type

Retail properties

Property subtype

Retail space

APN

7325403

APU

7325403

Description

This exceptional single-tenant office space, known as The Refinery, is ideally located at 1213 W Morehead St in Charlotte, North Carolina, 28208, within Mecklenburg County. The 4,853 square foot property offers a traditional office layout perfectly suited for a variety of businesses. The space boasts six private offices, providing ample room for individual work and executive suites. Three dedicated phone rooms ensure privacy for confidential calls and client communications. A spacious conference room is available for meetings and presentations, fostering collaboration and productivity. The layout also includes 24 workstations, accommodating a substantial team. A comfortable break room provides a dedicated space for employees to relax and recharge. This property presents a fantastic opportunity for a business seeking a well-appointed, functional, and conveniently located office space in the vibrant city of Charlotte. The building's traditional office design offers a classic and professional atmosphere. The single-tenant occupancy ensures complete control and customization of the space. This is a turnkey solution for businesses seeking immediate occupancy and a productive work environment. The property's location offers easy access to various amenities and transportation options within Charlotte.

• CAP approach

  CAP return

  Valuation

  6%

  $38,646,784

  6.5%

  $35,673,952

  7%

  $33,125,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $48,015,144

  Geo Method

  $48,015,144

• Alternative Use

  Use

  Valuation

  Residential

  $30,092,314

  Hospitality

  $27,564,398

  Educational

  $22,933,256

  Medical

  $23,721,966

  Retail

  $35,673,952

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2285

Longitude

-80.8619

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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