Entity Owned Property summary
A vacant office building providing office space sized approximately 5,000 to 30,000 square feet. The property includes lobby and restroom renovations and features rooftop HVAC units equipped with bipolar ionization filters. It is served by multiple points of ingress and egress and includes a connection to a building owned and occupied by the Charlotte Center for Legal Advocacy. The site provides 168 parking spaces, approximately 4 spaces per 1,000 rentable square feet, and the office layout has an estimated 6% core factor for efficiency. The building uses extensive glass and window linework to bring natural light into the interior spaces. The property is located in the Charlotte area, within roughly 10 minutes of downtown Charlotte’s central business district, and is near Crosland Southeast as well as redevelopment associated with the former Eastland Mall property.
Property profile
VerifiedCap rate & NOI
Current use
-
Law Firm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
R-17MF · Charlotte, NCThis district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This district is hereby established to protect and promote the development of a variety of housing types, including apartments, condominiums, and other forms of attached housing
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for R-17MF in Charlotte, NC.
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