7301 Carmel Executive Park DrCharlotte, NC 28226

  • Office buildings
  • 39,532 SF
For Lease
$25/SF/YR View listing

Property Details for 7301 Carmel Executive Park Dr

Year built
1983
Lot size
1.66 AC
Property size (Sq ft)
39,532 SF
Zone code
O-1
Property type
Office buildings
APN
21120142
APU
21120142

Description

Carmel Executive Park offers 6,837 square feet of immediately available office space in a six-building, 36,424-square-foot complex situated on 18 acres in Charlotte, North Carolina. This Class B office park, built in 1983, features three-story buildings and provides flexible suite sizes ranging from a minimum of 1,942 square feet to a maximum contiguous space of 4,082 square feet. The property boasts ample parking with a 4.00/1,000 SF ratio and is conveniently located at the intersection of Pineville-Matthews Road (Highway 51) and Carmel Road, offering easy access to major interstates I-485 and I-77, as well as Ballantyne, Fort Mill, and Uptown Charlotte. The O-1 zoning allows for a variety of office uses. The property's address is 7301 Carmel Executive Park Dr, Charlotte, NC 28226, and its Mecklenburg County APN is 211-201-42. This vibrant suburban location provides tenants with a lively atmosphere and excellent connectivity to key areas of the city. The property's multiple tenancy structure allows for diverse business needs. This is an exceptional opportunity for businesses seeking high-quality office space in a strategic location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $10,682,526
    6.5%
    $9,860,794
    7%
    $9,156,451
  • Comparable approach

    Method
    Valuation
    Relative Method
    $6,694,349
    Geo Method
    $6,694,349
  • Alternative Use

    Use
    Valuation
    Residential
    $12,227,384
    Hospitality
    $11,200,218
    Educational
    $9,318,450
    Medical
    $9,638,926
    Retail
    $14,495,367

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.0881
Longitude
-80.8424
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
$51,416
$2,539,300
$4,470,400
$7,009,700
-
$2,539,300
$4,470,400
$7,009,700

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