825 Graham StCharlotte, NC 28202

Property Details for 825 Graham St

Year built

1990

Lot size

0.41 AC

Property size (Sq ft)

2,471 SF

Zone code

I-2

Property type

Auto shops

APN

7842102

APU

7842102

Description

This exceptional 2,471-square-foot industrial flex space, located at 825 N Graham Street in Charlotte, North Carolina, presents a compelling investment opportunity. Built in 1990, this single-story building sits on a 0.478-acre lot and is zoned ML-2 (Manufacturing & Logistics), offering significant flexibility for various uses. The property boasts seven dock-high doors and impressive 17-foot ceilings, providing ample space for operations and storage. Utilities are serviced by the City of Charlotte (water/sewer), Duke Energy (power), and Piedmont Natural Gas. The property includes a paint booth and compressed air system. Further enhancing its potential, a setback variance and a right-of-way encroachment agreement for additional parking are possibilities. Detailed zoning information and use regulations are readily available. The property's location in Mecklenburg County, zip code 28202, offers convenient access to major transportation routes and amenities. This is a rare opportunity to acquire a well-maintained industrial property with significant upside potential. The APN is 07842102.

• CAP approach

  CAP return

  Valuation

  6%

  $888,973

  6.5%

  $820,590

  7%

  $761,977

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,054,467

  Geo Method

  $1,054,467

• Alternative Use

  Use

  Valuation

  Residential

  $692,199

  Hospitality

  $634,050

  Educational

  $527,522

  Medical

  $545,665

  Retail

  $820,590

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2367

Longitude

-80.8392

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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