345 John StMatthews, NC 28105

Property Details for 345 John St

Year built

1971

Lot size

0.29 AC

Property size (Sq ft)

2,720 SF

Zone code

B-1

Property type

Banks

APN

22702512

APU

22702512

Description

This exceptional 2,808-square-foot medical office space is available for lease at 345 W John St in Matthews, North Carolina. Located in Mecklenburg County, this single-tenant property sits on a 0.67-acre lot and offers significant potential for a variety of medical practices. Previously occupied as a bank branch, the building is conveniently situated approximately 12 miles from Downtown Charlotte, providing easy access for patients and staff. The entire space is currently vacant, presenting a unique opportunity for a business to customize the layout to perfectly suit its needs. The property's classification also includes retail and restaurant designations, suggesting adaptability for a range of uses within the medical field or related services. The building's size and location make it an ideal choice for a growing medical practice seeking a prominent presence in a thriving community. The property's zoning and permitted uses should be verified independently. Interested parties are encouraged to conduct their due diligence to ensure the property aligns with their specific business requirements. This is a rare opportunity to secure a well-located, sizable medical office space in a desirable area. Contact us today to schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $866,281

  6.5%

  $799,644

  7%

  $742,527

• Comparable approach

  Method

  Valuation

  Relative Method

  $479,029

  Geo Method

  $479,029

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,549,140

  Mixed-Use / Specialty

  $800,932

  Hospitality / Lodging

  $593,007

  Office

  $800,485

  Institutional / Educational

  $834,126

  Residential Income

  $975,927

  Multifamily

  $1,147,530

  Automotive / Energy

  $714,965

  Parking / Income-Based Land

  $242,637

  Restaurant / Food Service

  $425,404

  Healthcare / Senior Housing

  $817,097

Location Insight

City

Matthews

County

Mecklenburg

State

North Carolina

Latitude

35.118

Longitude

-80.7263

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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