2325 Village Lake DrCharlotte, NC 28212

  • Retail properties
  • 10,119 SF
For Lease

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
Retail properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $4,008,163
    6.5%
    $3,699,843
    7%
    $3,435,568
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,318,150
    Geo Method
    $4,318,150
  • Alternative Use

    Use
    Valuation
    Residential
    $3,120,956
    Hospitality
    $2,858,779
    Educational
    $2,378,470
    Medical
    $2,460,270
    Retail
    $3,699,843
2325 Village Lake Dr, Charlotte, North Carolina

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$23,965
$1,830,700
$1,436,500
$3,267,200
-
$1,830,700
$1,436,500
$3,267,200

FAQs

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