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116 S Cedar St; Charlotte, NC Property Details

116 S Cedar St, Charlotte, NC is a Commercial Office that was built in 1987. This property is currently Cash Purchase,Bank Sale and is not for sale. Our records show that 116 S Cedar St has a total of 350,808 square feet. The lot size of 116 S Cedar St is 68,825 square feet.

Off market
116 S Cedar St Charlotte, NC 28202
$17,795,300 Estimated Value
350,808 SqFt
Property Details

Summary

  • Purchase Method: Cash
  • Owners / Type: 1 / Corporate
  • Owner Status: Corporate
  • Year Built: 1987
  • Purchase Price: $8,500,000
  • APN: 073-193-01
  • Situs County: Mecklenburg
  • Length Of Ownership: 15 years

Rooms

  • Total Rooms: 1

Structure

  • Building Style: Concrete
  • Stories: 2.5
  • Exterior Wall Type: Concrete
  • Building Condition: Average
  • Building Quality: C
  • Roof Type: Sawtooth
  • Roof Cover Type: Metal

Measurements

  • Total: 350,808/SqFt
  • Lot: 68,825/SqFt
  • Gross: 350,808/SqFt
  • Living: 350,808/SqFt
  • Building: 350,808/SqFt
  • Ground: 58,468/SqFt
  • Price Per Square Foot: $24.23

Legal Description

  • Description: GATE CNTR PARKING FACILITY TRACT M39-69
Building Insights

Land Information

  • Property Type: Commercial Office
  • Within Flood Zone: True
  • Flood Zone: X / Low/Medium Risk
  • School District: Charlotte-Mecklenburg Schools
  • Lat / Lon: 35.23269 / -80.851
  • Subdivision: Gate Cntr Park
  • Property Class: Office
  • Zoning: UMUD
  • County Use Code: O400

Amenities

  • Cooling: None
  • Heating: None

Ownership Info

116 S Cedar St has no associated ownership info
116 S Cedar St has no associated ownership info.

Taxes

116 S Cedar St has 10 associated Taxes items

116 S Cedar St, Charlotte, NC pays taxes in Mecklenburg County, NC. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $17,795,300. The APN we've located for 116 S Cedar St is 073-193-01.

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Taxes
  • Assessed Value:  $17,795,300
  • Assessed Year:  2025
  • Assessed County:  Mecklenburg
  • APN:  073-193-01
  • Assessed Land Value:  8534200
  • Market Land Value:  8534200
  • Tax Amount:  69042.56
  • Tax Year:  2024
  • Market Value:  17795300
  • Market Year:  2025

Tax History

116 S Cedar St has 12 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2025 Assessed Value $17,795,300 Land Value $8,534,200 Improvement Value $9,261,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2024 Assessed Value $17,795,300 Land Value $8,534,200 Improvement Value $9,261,100 Tax Amount $69,042.56 Change Rate Assessed CR Tax Rate +0.00388%
Year 2023 Assessed Value $17,795,300 Land Value $8,534,200 Improvement Value $9,261,100 Tax Amount Change Rate Assessed CR Tax Rate
Year 2022 Assessed Value $16,446,000 Land Value $7,742,700 Improvement Value $8,703,300 Tax Amount $158,703.91 Change Rate Assessed CR Tax Rate +0.00965%
Year 2021 Assessed Value $16,446,000 Land Value $7,742,700 Improvement Value $8,703,300 Tax Amount $158,703.91 Change Rate Assessed CR Tax Rate +0.00965%
Year 2020 Assessed Value $16,446,000 Land Value $7,742,700 Improvement Value $8,703,300 Tax Amount $158,703.91 Change Rate Assessed CR Tax Rate +0.00965%
Year 2019 Assessed Value $16,446,000 Land Value $7,742,700 Improvement Value $8,703,300 Tax Amount Change Rate Assessed CR Tax Rate
Year 2018 Assessed Value $10,020,000 Land Value $3,441,200 Improvement Value $6,578,800 Tax Amount $136,472.41 Change Rate Assessed CR Tax Rate +0.01362%
Year 2017 Assessed Value $10,020,000 Land Value $3,441,200 Improvement Value $6,578,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2016 Assessed Value $10,020,000 Land Value $3,441,200 Improvement Value $6,578,800 Tax Amount $133,716.91 Change Rate Assessed CR Tax Rate +0.013345%
Year 2015 Assessed Value $10,020,000 Land Value $3,441,200 Improvement Value $6,578,800 Tax Amount Change Rate Assessed CR Tax Rate
Year 2014 Assessed Value $10,020,000 Land Value $3,441,200 Improvement Value $6,578,800 Tax Amount $132,714.91 Change Rate Assessed CR Tax Rate +0.013245%