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Property profile & analytics
OFF-MARKET Estimated value $2,475,000
Banks

2211 Arbors Dr Charlotte, NC 28262-2572

4,072 SF 1.07 ac lot Built 2008
Entity Owned 3-yr Hold Free & Clear
Property ID
US53-0761133
Property summary
AI-generated overview

This exceptional Class A executive office building, situated at 2211 E Arbors Dr in Charlotte, NC, presents a unique investment opportunity. The property boasts a total of 5,590 square feet, currently configured for multiple tenancies. While 47,480 square feet are currently vacant, presenting significant potential for expansion or lease, the existing space offers immediate occupancy possibilities. The 1.09-acre lot provides ample space and potential for future development. The building is zoned MUDD-O within Mecklenburg County and includes 5 total parking spaces for convenient access. This prime location in Charlotte offers easy access to major transportation routes and amenities, making it an ideal location for businesses seeking a prestigious and functional workspace. The property's Class A designation reflects its high-quality construction and modern features. This is a rare opportunity to acquire a well-located, versatile office building with significant upside potential in a thriving market. The property's size and zoning offer flexibility for a variety of uses, making it an attractive investment for both established businesses and new ventures. The ample parking further enhances the property's appeal.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 2008
Total area 4,072 SF
Lot 1.07 ac (46,479 SF)
Zoning code MUDD-O
APN 2901138
UPID US53-0761133
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
  • BB&T - ATM Atm
  • BB&T Insurance Services Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.53M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.57M
Blend (final) Blend
$2.48M
Owner & transaction history
Wmg Acquisitions LLC · 3 yrs held
Wmg Acquisitions LLC
since 2022
Last sale
$2.4M
3 recorded transactions
2022
$2.4M
2007
$1.1M
2007
$1.0M
Zoning & alternative use
MUDD-O · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $2.8M +14.7%
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