575 Davidson Gateway DrDavidson, NC 28036

Property Details for 575 Davidson Gateway Dr

Year built

2004

Lot size

1.10 AC

Property size (Sq ft)

1,040 SF

Zone code

LPA

Property type

Office properties

APN

321195

APU

321195

Description

This exceptional 2,000-square-foot coworking space at 575 Davidson Gateway Dr, Davidson, NC 28036, offers a turnkey solution for businesses seeking a fully furnished and managed office environment. The single-tenant space includes all fixtures, furniture, and equipment, eliminating the hassle of setup and allowing immediate occupancy. A dedicated on-site office manager handles scheduling, conference room bookings, and general office maintenance, providing seamless operational support. Common areas boast a welcoming entrance lobby and waiting room, a versatile conference room, a convenient workroom, a fully equipped kitchen/break room, and an ADA-compliant restroom. Two offices benefit from private exterior entrances, one accessible from the street and the other from the rear parking lot. All offices have individual entries from the main waiting area. The landlord covers taxes, insurance, utilities, and operating expenses, simplifying budgeting. Tenant responsibility is limited to HVAC service up to $500 annually. This property is zoned for office use and features the APN 00321194. The ideal location in Davidson, North Carolina, provides easy access to local amenities and transportation. This is a rare opportunity to acquire a fully operational and well-maintained office space with minimal upfront investment and ongoing operational overhead. The property is offered as a single-tenant lease.

• CAP approach

  CAP return

  Valuation

  6%

  $250,719

  6.5%

  $231,433

  7%

  $214,902

• Comparable approach

  Method

  Valuation

  Relative Method

  $176,114

  Geo Method

  $176,114

• Alternative Use

  Use

  Valuation

  Residential

  $286,977

  Hospitality

  $262,869

  Educational

  $218,704

  Medical

  $226,226

  Retail

  $340,206

Location Insight

City

Davidson

County

Mecklenburg

State

North Carolina

Latitude

35.4999

Longitude

-80.8641

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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