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Property profile & analytics
OFF-MARKET Estimated value $2,820,000
Office buildings

18825 Catawba Ave Cornelius, NC 28031-5546

12,032 SF 1.17 ac lot Built 2003
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US53-0134263
Property summary
AI-generated overview

This exceptional 3,409 square foot traditional office space, located at 18825 W Catawba, suite 100 in Mecklenburg County, presents a unique opportunity. Currently configured as a turnkey bank, the property boasts 2,750 square feet of usable space and features four large offices, two restrooms, a conference room, a kitchenette and break room, a full teller station, a two-lane drive-thru, and a secure vault. The space is ideal for a variety of businesses seeking a move-in ready solution with existing high-end finishes. Its location offers unparalleled visibility, with prime building signage visible from both sides of West Catawba Street, ensuring maximum brand exposure. The property is multi-tenant, and this specific suite is immediately available. The lease terms include a base rent of $30 per square foot, plus $5 per square foot in NNN charges. This is a rare opportunity to secure a well-appointed, highly visible office space in a thriving Cornelius location. The space's previous use as a bank provides a secure and functional layout, ready for immediate occupancy. Don't miss this chance to establish your business in a premier location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2003
Total area 12,032 SF
Lot 1.17 ac (51,139 SF)
Zoning code NMX
APN 186130
UPID US53-0134263
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Sodoma Law North Law Firm
  • Martin Real Estate Team of Lake Norman Real Estate Agency
  • Karen Browder - Southern Homes of the Carolinas Real Estate Agency
  • Rose DuPuis, Southern Homes of the Carolinas Real Estate Agency
  • First Bank - Cornelius, NC Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.47M
Comparable Approach Comparable
$2.94M
Blend (final) Blend
$2.82M
Owner & transaction history
North State Office LLC · 7 yrs held
North State Office LLC
since 2019
7 recorded transactions
2026
Price N/A
2019
Price N/A
2019
Price N/A
2019
$1.7M
2016
$4,500
2006
$2.0M
1969
Price N/A
Zoning & alternative use
NMX · Cornelius, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.4M +38.3%
Retail stores $3.8M +21.4%
Industrial (general) $3.7M +18.4%
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