8540 IndependenceCharlotte, NC 28227

  • Hospitality properties
  • 56,696 SF
Off market
$8,904,700 Estimated

Property Details for 8540 Independence

Year built
2010
Lot size
2.95 AC
Property size (Sq ft)
56,696 SF
Zone code
CC
Property type
Hospitality properties
Property subtype
Hotels
APN
19311208
APU
19311208

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $18,195,662
    6.5%
    $16,795,996
    7%
    $15,596,282
  • Comparable approach

    Method
    Valuation
    Relative Method
    $22,562,116
    Geo Method
    $22,562,116
  • Alternative Use

    Use
    Valuation
    Residential
    $18,336,348
    Hospitality
    $16,795,996
    Educational
    $13,974,072
    Medical
    $14,454,661
    Retail
    $21,737,444
8540 Independence, Charlotte, North Carolina

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.1476
Longitude
-80.7265
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
$65,316
$4,010,000
$4,894,700
$8,904,700
-
$4,010,000
$4,894,700
$8,904,700

Property Visit Statistics

  • Visits by month
    5.4k
  • Visitors by month
    2.5k
  • Avg Time on site
    491 min

FAQs

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