1230 Morehead St Ste, Unit 116 Charlotte, NC 28208-5212
- Office Properties & Spaces
- 3,208 SF
- 1.39 lot acres
May 25, 2021
Current Use by Public Records
- Office Properties & Spaces
Property Details for 1230 Morehead St Ste
- Year built
- 1927
- Lot size
- 1.39 lot acres
- Property size
- 3,208 SF
- Zone code
- URC
- Property type
- Office Properties & Spaces
- APN
- 7324431
- APU
- 7324431
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $985,000
- ML approach
- $985,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $880,000
- 6.5%
- $815,000
- 7%
- $755,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,082,000
- AI Estimate
- $626,000
Market price range: $511k - $1.33MMarket price range: $153k - $936k -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $955,000 Current use
- MEDICAL BUILDING
- $1,295,000 Change: +35% Conversion: Easy
- RETAIL STORES
- $1,060,000 Change: +11% Conversion: Moderate
- NEIGHBORHOOD: SHOPPING CENTER
- $960,000 Change: +0% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $835,000 Change: -13% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8617
- Latitude
- 35.2292
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA