8848 Red Oak BlvdCharlotte, NC 28217
- Industrial properties
- 54,285 SF
Property Details for 8848 Red Oak Blvd
- Year built
- 1984
- Lot size
- 5.10 AC
- Property size (Sq ft)
- 54,285 SF
- Zone code
- BD
- Property type
- Industrial properties
- APN
- 16718108
- APU
- 16718108
Description
This exceptional 62,548-square-foot industrial flex space in Charlotte, NC, presents a unique investment opportunity. Situated at 8848 Red Oak Blvd, Ste J, Charlotte, NC 28217, this Class C building boasts a single-tenant occupancy and offers significant advantages. Built in 1984, the property sits on 5.15 acres of land and features a 16-foot ceiling height, ideal for various industrial and flex uses. Seven dock-high doors and one drive-in door ensure efficient loading and unloading, complemented by ample parking for 130 vehicles. The property is zoned I1 and benefits from its strategic location, offering easy access to major transportation arteries: a quarter-mile to I-77, one mile to I-485, and ten miles to I-85. A 5,838-square-foot unit is currently available, featuring a heavy office build-out (removable at the landlord's expense). This unit includes an 18-foot clear height, a sprinkler system, and rear-load dock-high access. The property's attractive two-tone exterior with abundant glass enhances its curb appeal. The landlord is offering aggressive lease rates and flexible lease terms. This property represents a compelling opportunity for businesses seeking a well-located, functional, and adaptable industrial space in a thriving Charlotte market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $16,024,812
- Hospitality
- $14,678,642
- Educational
- $12,212,458
- Medical
- $12,632,463
- Retail
- $18,997,156
Location Insight
- City
- Charlotte
- County
- Mecklenburg
- State
- North Carolina
- Latitude
- 35.1416
- Longitude
- -80.9091
- CBSA code
- 16740
- CBSA name
- CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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