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    FOR SALE
    Specialty properties

    3726 Latrobe Dr, Charlotte, NC 28211

    22,185 SF 2.97 ac lot Built 1980
    Entity Owned 11-yr Hold ~ Est. High Equity
    Property ID
    US53-0494230
    Property summary
    AI-generated overview

    This exceptional 22,185-square-foot traditional office building, located at 3726 Latrobe Drive in Charlotte, North Carolina, presents a compelling sale/leaseback opportunity. The Class B property, built in 1980 and extensively renovated in 2015, sits on a generous 3.13-acre lot (APN 15705146) and boasts a strong net operating income (NOI) of $336,000. The single-story structure is zoned ML-1 (Manufacturing & Logistics), offering considerable flexibility for future use. Detailed building plans are available upon request, along with an environmental report and operating expense information. The property is situated in the Arnold Palmer Center area, providing convenient access to key transportation routes and amenities. A short-term leaseback is negotiable, making this an attractive investment for discerning buyers. Further information regarding zoning regulations (UDO Use Regulation and Zoning Translation) is readily accessible. This is a rare opportunity to acquire a well-maintained, income-producing property in a desirable Charlotte location. The asking price is $5,500,000.

    Property profile
    Verified
    Property type Specialty properties
    Use group VETERINARY, ANIMAL HOSPITAL
    Year built 1980
    Total area 22,185 SF
    Lot 2.97 ac (129,330 SF)
    Zoning code R-22MF
    APN 15705146
    UPID US53-0494230
    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
    • CARE | Charlotte Animal Referral & Emergency Veterinary Clinic
    • Care 24 Hour Emergency Vets Veterinary Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $635k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $758k
    Blend (final) Blend
    $695k
    Owner & transaction history
    Magpie R & E Holdings LLC · 11 yrs held
    Magpie R & E Holdings LLC
    since 2014
    3 recorded transactions
    2025
    2014
    $879,000
    2014
    Zoning & alternative use
    R-22MF · Charlotte, NC
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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