2325 Village Lake DrCharlotte, NC 28212

Property Details for 2325 Village Lake Dr

Year built

2000

Lot size

1.35 AC

Property size (Sq ft)

10,119 SF

Zone code

B-2

Property type

Drug stores

APN

19110304

APU

19110304

Description

This exceptional two-story office building, totaling 12,059 square feet, presents a unique leasing opportunity. Situated on approximately 1.35 acres at 2325 Village Lake Drive in the East Forest neighborhood of Charlotte, this Class C property offers high visibility and substantial traffic counts due to its location along East Independence Boulevard. The building is currently vacant and available for a single tenant. The flexible space is suitable for a variety of uses, including traditional office, coworking, executive office, creative office, or medical office, as indicated by its zoning designation (CG). The property features ample parking with 57 spaces available for tenants and their clients. Its convenient location offers easy access to numerous restaurants and parks, contributing to a vibrant and desirable work environment. The building's second-generation status presents a chance to customize the space to meet specific business needs. This prime location is less than 15 minutes southeast of Uptown Charlotte, providing convenient access to the city center while maintaining a distinct neighborhood feel. The property's size and amenities make it an ideal choice for businesses seeking a prominent and functional office space.

• CAP approach

  CAP return

  Valuation

  6%

  $3,221,420

  6.5%

  $2,973,620

  7%

  $2,761,220

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,782,090

  Geo Method

  $1,782,090

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $5,911,820

  Mixed-Use / Specialty

  $2,917,370

  Hospitality / Lodging

  $2,080,940

  Office

  $2,852,490

  Institutional / Educational

  $3,016,570

  Residential Income

  $3,529,390

  Multifamily

  $4,486,040

  Automotive / Energy

  $2,585,630

  Parking / Income-Based Land

  $937,373

  Restaurant / Food Service

  $1,419,920

  Healthcare / Senior Housing

  $3,038,520

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.1624

Longitude

-80.7405

CBSA code

16740

CBSA name

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

Property Tax & Assessments

FAQs

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