10715 Park RdCharlotte, NC 28210

  • Retail space
  • 4,460 SF
For Lease

Property Details for 10715 Park Rd

Year built
1984
Lot size
0.68 AC
Property size (Sq ft)
4,460 SF
Zone code
B-4
Property type
Retail space
APN
22119214
APU
22119214

Description

This exceptional retail opportunity presents 1,807 square feet of leasable space at 10715 Park Rd in Charlotte, North Carolina. Located in Mecklenburg County, this single-story, 4,056 square foot building, constructed in 1984, sits on a 0.68-acre lot (APN 221-192-14) and benefits from ample parking. The property is zoned B-4, offering flexibility for a variety of retail or service-based businesses. The space enjoys excellent visibility and accessibility, fronting the Tryon Medical facility at The Plaza at Park 51, a busy commercial area with significant foot traffic. Its proximity to major shopping and dining destinations makes it an ideal location for businesses seeking high exposure and convenient access for customers. The property features one suite within the building. This is a rare opportunity to secure a well-positioned retail space in a thriving Charlotte neighborhood. Serious inquiries are encouraged to explore this promising investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,305,939
    6.5%
    $2,128,559
    7%
    $1,976,519
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,903,246
    Geo Method
    $1,903,246
  • Alternative Use

    Use
    Valuation
    Residential
    $1,795,519
    Hospitality
    $1,644,686
    Educational
    $1,368,360
    Medical
    $1,415,420
    Retail
    $2,128,559
10715 Park Rd, Charlotte, North Carolina

Location Insight

City
Charlotte
County
Mecklenburg
State
North Carolina
Latitude
35.091
Longitude
-80.8692
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
$11,409
$1,212,000
$292,900
$1,504,900
-
$1,212,000
$292,900
$1,504,900

FAQs

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