4301 Stuart Andrew BlvdCharlotte, NC 28217

Property Details for 4301 Stuart Andrew Blvd

Year built

1981

Lot size

15.19 AC

Property size (Sq ft)

159,908 SF

Zone code

I2

Property type

Industrial properties

APN

14533101

APU

14533101

Description

This exceptional 47,021 square foot multi-tenant commercial property, located at 4301 Stuart Andrew Blvd in Charlotte, NC 28217, presents a unique investment opportunity. The building, constructed in 1981 and classified as Class C, offers a diverse range of spaces suitable for flex, traditional office, warehouse, and distribution uses. The property encompasses six individual suites, providing flexibility for various business needs. One suite, measuring 7,811 square feet, is currently available. Situated on a 4.26-acre lot, the property boasts ample space for parking and operations. Recent capital improvements significantly enhance the property's appeal, including fresh exterior paint, upgraded landscaping, a newly paved parking lot, updated signage, and attractive common area courtyards featuring covered seating. This prime location in Charlotte offers easy access to major transportation routes and a thriving business community. The property's versatility and recent upgrades make it an attractive option for businesses seeking a functional and well-maintained space.

• CAP approach

  CAP return

  Valuation

  6%

  $120,070,000

  6.5%

  $110,834,000

  7%

  $102,917,000

• Comparable approach

  Method

  Valuation

  Relative Method

  $43,326,100

  Geo Method

  $43,326,100

• Alternative Use

  Use

  Valuation

  Retail / Commercial

  $56,426,300

  Mixed-Use / Specialty

  $55,902,900

  Hospitality / Lodging

  $40,594,600

  Office

  $55,235,100

  Institutional / Educational

  $58,001,300

  Residential Income

  $67,861,500

  Multifamily

  $83,175,900

  Automotive / Energy

  $49,715,400

  Parking / Income-Based Land

  $17,474,600

  Restaurant / Food Service

  $28,387,800

  Healthcare / Senior Housing

  $57,657,800

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1904

Longitude

-80.8874

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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