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Property profile & analytics

4250 Business Center Dr Charlotte, NC 28214

  • Warehouses
  • 154,986 SF
  • 13.22 lot acres
For Lease
Last Sale
Oct 26, 2022
$20,300,000
Value Estimations
$21,265,000
Cap Rate Potential
Location Intelligence
Property ID
US53-0905342
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.

Current Use by Public Records

  • Elliott Electric Supply / Electrical Supply Store
  • Jarlin Cabinetry / Cabinet Store

Property Details for 4250 Business Center Dr

Year built
1930
Lot size
13.22 lot acres
Property size
154,986 SF
Zone code
B2
Property type
Warehouses
APN
5535101
APU
5535101

Description

This exceptional industrial property, located at 4250 Business Center Drive in Charlotte, North Carolina, offers a versatile space ideal for manufacturing, flex, warehouse, or distribution operations. The property boasts a total of 28,080 square feet currently available for lease, divisible into units as small as 14,040 square feet. This allows for flexibility to accommodate businesses of varying sizes. The high ceilings, measuring 32 feet, provide ample vertical space for storage or specialized equipment. Six dock-high doors ensure efficient loading and unloading, streamlining operations and maximizing productivity. The property is situated in Mecklenburg County, offering convenient access to major transportation routes and a robust workforce. This multi-tenant building presents a unique opportunity for businesses seeking a functional and strategically located industrial space in the thriving Charlotte market. The address is 4250 Business Center Dr, Charlotte, NC 28214. The property is ready for immediate occupancy.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $20,925,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $32,025,000
    6.5%
    $29,560,000
    7%
    $27,450,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $23,531,000
    Market price range: $10.9M - $23.5M
  • Alternative Use

    Use
    Estimation
    WAREHOUSE, STORAGE
    $17,635,000
    Current use

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Charlotte
County
Mecklenburg
State
North Carolina
Longitude
-80.9424
Latitude
35.2424
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
$134,316
$2,285,800
$16,025,900
$18,311,700
-
$2,285,800
$16,025,900
$18,311,700
More about this property
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