316 Remount RdCharlotte, NC 28203

Property Details for 316 Remount Rd

Year built

1967

Lot size

0.33 AC

Property size (Sq ft)

7,710 SF

Zone code

TOD-UC

Property type

Retail space

APN

12104311

APU

12104311

Description

This exceptional Class A property, located at 316 Remount Rd in Charlotte, NC, offers a unique opportunity for businesses seeking prime office or retail space in the vibrant South End neighborhood. The building boasts a total of 10,000 square feet, with flexible options available for tenants. Three spaces are currently available, ranging from a minimum of 1,275 square feet to a maximum contiguous space of 10,000 square feet, catering to a variety of business needs and sizes. The property is classified as both retail and office space, providing versatility and potential for diverse uses. The building's location in Mecklenburg County, zip code 28203, offers excellent access to major transportation routes and amenities. Currently, 28,295 square feet are vacant, presenting a significant opportunity for immediate occupancy. This is an ideal location for businesses seeking a prestigious address in a thriving area of Charlotte. The property's multiple tenancy structure allows for a diverse community of businesses to thrive within the same building. This is a rare opportunity to secure high-quality space in a highly sought-after location. Don't miss out on this chance to establish your business in the heart of Charlotte's South End.

• CAP approach

  CAP return

  Valuation

  6%

  $3,742,152

  6.5%

  $3,454,294

  7%

  $3,207,559

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,290,141

  Geo Method

  $3,290,141

• Alternative Use

  Use

  Valuation

  Residential

  $2,913,826

  Hospitality

  $2,669,049

  Educational

  $2,220,618

  Medical

  $2,296,988

  Retail

  $3,454,294

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.2055

Longitude

-80.8688

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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