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Property profile & analytics
OFF-MARKET Estimated value $3,380,000
Drug stores

2325 Vlg Lk Dr Charlotte, NC 28212-0081

10,119 SF 1.35 ac lot Built 2000
Entity Owned 4-yr Hold Free & Clear
Property ID
US53-0451731
Property summary
AI-generated overview

This exceptional two-story office building, totaling 12,059 square feet, presents a unique leasing opportunity. Situated on approximately 1.35 acres at 2325 Village Lake Drive in the East Forest neighborhood of Charlotte, this Class C property offers high visibility and substantial traffic counts due to its location along East Independence Boulevard. The building is currently vacant and available for a single tenant. The flexible space is suitable for a variety of uses, including traditional office, coworking, executive office, creative office, or medical office, as indicated by its zoning designation (CG). The property features ample parking with 57 spaces available for tenants and their clients. Its convenient location offers easy access to numerous restaurants and parks, contributing to a vibrant and desirable work environment. The building's second-generation status presents a chance to customize the space to meet specific business needs. This prime location is less than 15 minutes southeast of Uptown Charlotte, providing convenient access to the city center while maintaining a distinct neighborhood feel. The property's size and amenities make it an ideal choice for businesses seeking a prominent and functional office space.

Property profile
Verified
Property type Drug stores
Use group DRUG STORE, PHARMACY
Year built 2000
Total area 10,119 SF
Lot 1.35 ac (58,762 SF)
Zoning code B-2
APN 19110304
UPID US53-0451731
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
  • MoneyGram Bank Credit Union
  • Shannon E. Cozort, Pharm Pharmacy
  • Rhonda H. Bean, RPh Pharmacy
  • LibertyX Bitcoin ATM Atm
  • UPS Access Point location Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$3.53M
CAP Approach CAP
$2.61M
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.38M
Owner & transaction history
Tpm Properties LP · 4 yrs held
Tpm Properties LP
since 2022
Last sale
$3.3M
2 recorded transactions
2022
$3.3M
2015
$1.7M
Zoning & alternative use
B-2 · Charlotte, NC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $4.1M +24.4%
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