9700 Research DrCharlotte, NC 28262

Property Details for 9700 Research Dr

Year built

1990

Lot size

3.97 AC

Property size (Sq ft)

20,553 SF

Zone code

MUDD-O

Property type

Office properties

Property subtype

Office buildings

APN

4713105

APU

4713105

Description

University Business Park offers exceptional executive office space in Charlotte, NC. This single-story building, totaling 21,065 square feet, is situated on a 4.03-acre lot at 9700 Research Drive, 28262, providing a tranquil yet highly accessible location. Currently, there are multiple tenancies available, ranging from 420 to 672 square feet. The property boasts ample parking with 60 spaces available for tenants and visitors. Its convenient location offers easy access to major interstates I-85 and I-77 via WT Harris Blvd, placing businesses within close proximity to a variety of amenities including restaurants, shopping centers, and banking institutions. The park itself provides a peaceful atmosphere, enhanced by jogging trails, creating a desirable work environment. This is an excellent opportunity to establish a high-traffic profile for your business at a competitive price point. The building's single-story design and convenient location make it an ideal choice for businesses seeking a professional and accessible workspace in a thriving area of Charlotte. Mecklenburg County location ensures easy access to a robust workforce and a strong business community. Don't miss this chance to secure your ideal office space in this sought-after location.

• CAP approach

  CAP return

  Valuation

  6%

  $4,954,833

  6.5%

  $4,573,692

  7%

  $4,247,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,480,445

  Geo Method

  $3,480,445

• Alternative Use

  Use

  Valuation

  Residential

  $5,671,378

  Hospitality

  $5,194,952

  Educational

  $4,322,139

  Medical

  $4,470,784

  Retail

  $6,723,327

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.3194

Longitude

-80.7678

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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