216 Iverson WayCharlotte, NC 28203

  • Industrial properties
  • 11,860 SF
For Lease

Property Details for 216 Iverson Way

Year built
1964
Lot size
0.38 AC
Property size (Sq ft)
11,860 SF
Zone code
B2
Property type
Industrial properties
Property subtype
Other industrial properties
APN
12107455
APU
12107455

Description

This exceptional 1,550-square-foot retail or medical office space is available for lease at 216 Iverson Way in Charlotte, North Carolina. Located in the thriving South End neighborhood, this single-story building offers high visibility and convenient access. The property boasts a total of 11,828 square feet, with 1,550 square feet currently vacant and ready for immediate occupancy. Built in 1964, the building sits on a 0.4-acre lot and features on-site parking. Its TOD-NC zoning allows for a variety of uses, making it ideal for medical offices, retail businesses, or general office space. The property's prime location is just off South Boulevard, across from Lowe's Home Improvement, and within easy reach of the LYNX Blue Line light rail station (0.6 miles) and the Rail Trail. This vibrant area is experiencing significant growth, with numerous multi-family and mixed-use developments nearby, ensuring high foot traffic and a strong customer base. The property's proximity to popular dining, retail, and entertainment venues further enhances its appeal. The Mecklenburg County property (APN 12107455) presents a unique opportunity to establish a presence in one of Charlotte's most dynamic and desirable neighborhoods. This is a rare chance to secure a space in a rapidly developing area with excellent accessibility and visibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $4,482,228
    Hospitality
    $4,105,697
    Educational
    $3,415,892
    Medical
    $3,533,370
    Retail
    $5,313,610
216 Iverson Way, Charlotte, North Carolina

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.2048
Longitude
-80.8621
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
$15,833
$1,853,000
$305,600
$2,158,600
-
$1,853,000
$305,600
$2,158,600

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