Property profile

700 Morehead St Charlotte, NC 28202

OFF-MARKET
Office buildings
Property ID
US53-5796003
81,882 SF 0.47 ac lot Built 2009
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

A fully renovated mixed-use building with newly improved common areas and exterior features. The ground floor is configured for a coffee shop and includes direct access to private outdoor terraces. The building provides covered executive parking at a ratio of 3 spaces per 1,000 square feet, with direct access to each floor. Located at the signalized intersection of East Morehead Street and Euclid Avenue, the property offers 3,756 square feet of space and is suitable for uses such as office space, coffee shops, restaurants, and retail.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2009
Total area 81,882 SF
Lot 0.47 ac (20,689 SF)
Zoning code MUDDCD
APN 12305413
UPID US53-5796003

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
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Business Management Consultant
  • Real Estate Agency
  • Physician

Location

700 Morehead St Charlotte, NC 28202-2788
Charlotte metro Census 3500 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$12.00M
CAP Approach CAP
by Request
Comparable Approach Comparable
$11.00M
Blend (final) Blend
$12.00M

Owner & transaction history

since 2024
Last sale
$12.0M
7 recorded transactions
2024
Price N/A
2024
$12.0M
2020
$6.1M
2017
$3.5M
2014
Price N/A
2007
$1.3M
1969
Price N/A

Zoning & alternative use

MUDDCD · Charlotte, NC

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 700 Morehead St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message