216 Mcdowell StCharlotte, NC 28204

  • Office properties
  • 970 SF
For Sale

Property Details for 216 Mcdowell St

Year built
1984
Lot size
1.47 AC
Property size (Sq ft)
970 SF
Zone code
MUDD
Property type
Office properties
Property subtype
Other office properties
APN
8009318
APU
8009318

Description

This exceptional 3,740 square foot office space, located at 216 N McDowell St, Suite 110 in Charlotte, NC, is ready for occupancy on January 22, 2025. The property is a Class B, two-story building constructed in 1984, situated on a 1.47-acre lot. The space itself offers approximately 3,740 square feet of conditioned office area, complemented by an additional 199 square feet of storage. Previously used as attorney offices, this versatile space is ideal for a variety of professional uses. On-site parking is available for added convenience. Its prime location in Charlotte's Central Business District (CBD) provides easy access to Highway 74, and is a mere six-minute walk from the courthouse. The property's zoning is classified as C. Furthermore, this location offers proximity to vibrant neighborhoods such as Midtown, Plaza Midwood, and South End, as well as quick access to I-277, making it an attractive option for businesses seeking a central and accessible location. The building's address is 216 N McDowell St, Charlotte, NC 28204.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $320,274
    6.5%
    $295,637
    7%
    $274,520
  • Comparable approach

    Method
    Valuation
    Relative Method
    $164,260
    Geo Method
    $164,260
  • Alternative Use

    Use
    Valuation
    Residential
    $366,590
    Hospitality
    $335,795
    Educational
    $279,377
    Medical
    $288,986
    Retail
    $434,587
216 Mcdowell St, Charlotte, North Carolina

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2217
Longitude
-80.8329
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,901
-
$259,200
$259,200
-
-
$259,200
$259,200

FAQs

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