5960 Fairview RdCharlotte, NC 28210

Property Details for 5960 Fairview Rd

Year built

1965

Lot size

2.81 AC

Property size (Sq ft)

326,361 SF

Zone code

O3CD

Property type

Office buildings

APN

17902239

APU

17902239

Description

Southpark Fairview, located at 5960 Fairview Road Suites 300 & 400 in Charlotte, North Carolina (28210), offers 22,000 square feet of Class A office space in Mecklenburg County. This multi-tenant building features a variety of office configurations, suitable for executive offices, coworking spaces, and creative office setups. The building boasts 350 total suites, with a minimum divisible space of 10 square feet and a maximum contiguous space of 1,300 square feet. Currently, 5,970 square feet of space is available. The building underwent renovations in 2019 and includes elevators for convenient access. Enjoy panoramic views of the Charlotte skyline from large windows, creating an inspiring work environment. The building's convenient location offers easy access to restaurants, shops, and hotels, enhancing the overall experience. This exceptional property provides a professional atmosphere with a welcoming reception area, ensuring a positive impression for clients and visitors. The property is ideally situated in the heart of Charlotte's commercial district, positioning businesses for success.

• CAP approach

  CAP return

  Valuation

  6%

  $130,092,000

  6.5%

  $120,085,000

  7%

  $111,508,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $55,266,000

  Geo Method

  $55,266,000

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $230,322,000

  Retail / Commercial

  $119,302,000

  Mixed-Use / Specialty

  $119,817,000

  Hospitality / Lodging

  $89,130,800

  Institutional / Educational

  $124,898,000

  Residential Income

  $146,130,000

  Multifamily

  $170,045,000

  Automotive / Energy

  $107,055,000

  Parking / Income-Based Land

  $36,014,000

  Restaurant / Food Service

  $64,325,600

  Healthcare / Senior Housing

  $121,905,000

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1505

Longitude

-80.841

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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