900 College StCharlotte, NC 28206

Property Details for 900 College St

Lot size

0.61 AC

Zone code

I-2

Property type

Office buildings

APN

8101123

APU

8101123

Description

This exceptional 0.63-acre industrial land parcel presents a unique investment opportunity in the heart of Charlotte, North Carolina. Located at 900 N College St, this property boasts a highly desirable ML-2 zoning designation, opening doors to a wide range of heavy industrial uses. The parcel's size is ideal for various development projects, offering ample space for construction and operations. Situated in Mecklenburg County, the property's address is easily accessible, providing convenient transportation links and proximity to key infrastructure. The asking price for this prime industrial land is $1,000,000. The property's APN is 08101123, providing easy identification and verification of ownership details. This is a rare opportunity to acquire a strategically located industrial land parcel in a thriving market. The property's location in Charlotte, NC, offers access to a robust workforce and a strong economy. This land is ready for immediate development, making it an attractive proposition for businesses seeking to expand or establish a presence in this dynamic area. The 28206 zip code further underscores the property's convenient location and access to essential amenities. Don't miss this chance to secure a valuable asset in a high-demand industrial zone.

• CAP approach

  CAP return

  Valuation

  6%

  $6,529,809

  6.5%

  $6,027,516

  7%

  $5,596,980

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,518,160

  Geo Method

  $4,518,160

• Alternative Use

  Use

  Valuation

  Residential

  $7,474,120

  Hospitality

  $6,846,254

  Educational

  $5,696,003

  Medical

  $5,891,897

  Retail

  $8,860,449

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2323

Longitude

-80.8327

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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