18825 W Catawba Ave Cornelius, NC 28031
Property Lookup
Property profile & analytics
18825 W Catawba Ave Cornelius, NC 28031
- Office buildings
- 12,032 SF
- 1.17 lot acres
Property ID
US53-0134263
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by 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
Property Details for 18825 W Catawba Ave
- Year built
- 2003
- Lot size
- 1.17 lot acres
- Property size
- 12,032 SF
- Zone code
- NMX
- Property type
- Office buildings
- APN
- 186130
- APU
- 186130
Description
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.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $3,750,000
- 6.5%
- $3,465,000
- 7%
- $3,215,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,943,000
- AI Estimate
- $2,057,000
Market price range: $2.18M - $4.44MMarket price range: $1.55M - $3.01M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $3,145,000 Current use
- MEDICAL BUILDING
- $4,350,000 Change: +38% Conversion: Easy
- RETAIL STORES
- $3,820,000 Change: +21% Conversion: Moderate
- INDUSTRIAL (GENERAL)
- $3,725,000 Change: +18% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $3,470,000 Change: +10% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Cornelius
- County
- Mecklenburg
- State
- North Carolina
- Longitude
- -80.8916
- Latitude
- 35.4701
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$13,774
$727,700
$1,403,800
$2,131,500
-
$727,700
$1,403,800
$2,131,500
