Property profile

714 Montana Dr E E Ste Charlotte, NC 28216

OFF-MARKET
Industrial properties
Property ID
US53-0508273
1,235 SF 4.09 ac lot Built 2000
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional flex space offering presents two available units totaling 1,250 square feet within the Montana Business Park in Charlotte, North Carolina. Situated in Mecklenburg County, this property boasts a highly desirable location, less than a mile from the intersection of I-85 and Brookshire Boulevard, providing convenient access to major transportation arteries. The units are ideal for businesses seeking a blend of office and warehouse space, perfect for a variety of uses. The property's proximity to the heart of Charlotte and the Charlotte Douglas International Airport further enhances its appeal, offering unparalleled convenience for employees and clients alike. The address is 714-730 Montana Drive, Charlotte, NC 28216. This multi-tenant industrial building offers a strategic location for businesses seeking efficient operations and easy access to a thriving metropolitan area. The property is classified as industrial flex space, catering to businesses requiring a combination of office and warehouse functionality. The units are ready for immediate occupancy, presenting a unique opportunity for businesses to establish a strong presence in a dynamic and accessible location. The property's location offers easy access to a skilled workforce and a robust local economy. This is an excellent opportunity to secure flexible, well-located industrial space in a rapidly growing area. The units are available for lease, providing a cost-effective solution for businesses of various sizes.

Property profile

Verified
Property type Industrial properties
Use group CONDOMINIUMS (INDUSTRIAL)
Year built 2000
Total area 1,235 SF
Lot 4.09 ac (177,986 SF)
Zoning code I1
APN 6914427
UPID US53-0508273

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
  • Carpet Cleaning Service
  • Alternative Medicine Practice Spa & Massage Center
  • Alternative Medicine Practice Spa & Massage Center
  • Car Wash
  • Hotel & Motel Resort

Location

714 Montana Dr E E Ste Charlotte, NC 28216-3991
Charlotte metro Census 4500 CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.93M
CAP Approach CAP
by Request
Comparable Approach Comparable
$3.34M
Blend (final) Blend
$4.87M

Owner & transaction history

since 2020
Last sale
$5.3M
2 recorded transactions
2024
Price N/A
2020
$4.2M

Zoning & alternative use

I1 · 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
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