600 Gulf DrCharlotte, NC 28208

Property Details for 600 Gulf Dr

Year built

1972

Lot size

0.99 AC

Property size (Sq ft)

2,400 SF

Zone code

I-2

Property type

Auto shops

APN

6311448

APU

6311448

Description

This single-tenant industrial property at 600 Gulf Dr, Charlotte, NC 28208, offers 2,400 square feet of flexible space in a 1-story, 1972-built building. The property sits on a sizable 42,688 square foot lot (.98 acres), providing ample outdoor storage. Features include a 19-foot ceiling height, four drive-in doors, and twenty parking spaces. The I2 zoning allows for a variety of industrial uses. Its strategic location offers easy access to major thoroughfares like I-85, Brookshire Boulevard, and Freedom Drive, placing it within a 15-minute radius of Uptown Charlotte, Charlotte Douglas International Airport, and I-485. The fully fenced property ensures security and privacy. This exceptional location and versatile space make it an ideal choice for businesses seeking efficient operations and convenient access to Charlotte's key transportation networks. The property is located in Mecklenburg County.

• CAP approach

  CAP return

  Valuation

  6%

  $824,340

  6.5%

  $760,929

  7%

  $706,577

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,024,168

  Geo Method

  $1,024,168

• Alternative Use

  Use

  Valuation

  Residential

  $641,872

  Hospitality

  $587,952

  Educational

  $489,169

  Medical

  $505,992

  Retail

  $760,929

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2689

Longitude

-80.8968

CBSA code

16740

CBSA name

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

Property Tax & Assessments

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