Property profile

2701 Coltsgate Rd Charlotte, NC 28211

OFF-MARKET
Office buildings
Property ID
US53-5817214
40,452 SF 1.58 ac lot Built 1994
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a three-story Class A professional office building with surface parking configured at a 4:1 parking ratio, and it includes multiple route options for vehicle ingress and egress. The building has approximately 1,858 square feet of space and is located in the SouthPark area, with access supported by surrounding retail and dining uses. The property also features monument signage opportunities and is positioned for visibility from the adjacent street network.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1994
Total area 40,452 SF
Lot 1.58 ac (68,825 SF)
Zoning code O-6(CD)
APN 18313204
UPID US53-5817214

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Counselor
  • Insurance Agency
  • Postal Service Courier Service
  • Financial Advisor
  • Financial Advisor

Location

2701 Coltsgate Rd Charlotte, NC 28211-3534
Charlotte metro Census 2903 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$180k

Owner & transaction history

since 2021
Last sale
$159,000
7 recorded transactions
2024
Price N/A
2021
$159,000
2020
Price N/A
2015
$8.0M
2011
Price N/A
2007
$7.5M
2004
$59,500

Zoning & alternative use

O-6(CD) · Charlotte, NC
Zoning description

This districts is hereby established to provide areas, which are conducive to the establishment and operation of offices, institutions, and commercial activities not involving the sale of merchandise, this conditional di…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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