Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    207 S Academy St Lincolnton, NC 28092

    View on Map
    Sponsored
    For Lease
    $1,500 /Mo ($5 SF/Yr)

    COMMERCIAL - Lincolnton, NC

    Lot size:
    0.07 Acres
    Days on Market:
    4
    Last Refresh:
    Mar 30 at 1:06 am

    Property Features for 207 S Academy St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    16265
    Parking features
    Parking Lot, On Street
    Lot size
    0.07 Acres

    Building Details

    Year built
    1920
    Flooring type
    Concrete
    Building materials
    Brick Full
    Roof type
    Flat

    We can help!

    Listing Contact
    Jimmy Stone
    Jimmy Stone

    RE/MAX Crossroads

    Listing agent Jimmy Stone

    Listing date Mar 27, 2026

    MLS# 4362756

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Updated Office Space Near Downtown

    This updated office space is located in Lincolnton, North Carolina, offering convenient access to downtown. Situated a short walk from Main Street, the property provides access to a shared parking lot. The lot size is 0.074 acres. The office is located at 207 S. Academy St. in Lincolnton.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lincolnton
    County
    Lincoln
    State
    North Carolina
    Longitude
    -81.25484
    Latitude
    35.470917

    Nearby Similar for Lease

    • $15,119 /Mo
      134,600 SF

      Industrial Building in Lincolnton, NC

      Well-maintained industrial building suitable for manufacturing, distribution, or storage.
      113 Industrial Park Rd, Lincolnton, NC 28092
      View Details
    • New
      $1,500 /Mo
      3,223 SF

      Updated Office Space, Lincolnton

      Updated office space with convenient access to downtown Lincolnton.
      205 S Academy St, Lincolnton, NC 28092
      View Details
    • $825 /Mo

      Lincolnton Office/Retail Space Available

      990 SF commercial space for lease in Lincolnton, NC.
      117 Vandiver Dr, Lincolnton, NC 28092
      View Details
    • $350 /Mo
      54,450 SF

      Professional Office Suites For Lease

      Flexible, move-in ready office suites with utilities and Wi-Fi included.
      3514 Nc 150 Hwy, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      115,924 SF

      Lincolnton Warehouse with Expansion Potential

      115,924 SF warehouse with expansion potential in Lincolnton, NC.
      3211 Progress Dr, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      1,400 SF

      Retail Space in Lincolnton Center

      Retail space available in Food Lion anchored shopping center.
      200-220 Stanford Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      3,744 SF

      Retail Space in Lincolnton, NC

      Retail space available in Food Lion anchored shopping center.
      102-106 Stanford Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      272,788 SF

      Lincolnton Warehouse Space Available Soon

      272,788 SF warehouse with secure truck court, available June 2025.
      3099 Finger Mill Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      172,200 SF

      Spacious Warehouse with Extensive Features

      Large warehouse with ample parking, loading docks, and modern amenities.
      621 Lincoln County Parkway Ext, Lincolnton, NC 28092
      View Details
    • $14 SF/Yr
      15,100 SF

      Lincolnton Office Space for Lease

      Downtown Lincolnton Office Suites Available
      212 Main St, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      174,720 SF

      Lincolnton Warehouse Space Available

      174,720 square foot warehouse space for lease.
      3075 Finger Mill Rd, Lincolnton, NC 28092
      View Details
    • Contact for pricing
      304,357 SF

      Lincolnton Warehouse Space for Lease

      Large warehouse space available for lease in Lincolnton, North Carolina.
      190 Cochrane Rd, Lincolnton, NC 28092
      View Details

    FAQs

    What type of property is this?
    Office units - Updated office space with convenient access to downtown Lincolnton.
    Where is this office units located?
    The property is located at 207 S Academy St Lincolnton, NC.
    What is the lease rate?
    The lease rate is $5 SF/Yr.
    What are key features of this property?
    This property features: - Convenient access to downtown Lincolnton; - Updated office space; - Short walk to main street
    (704) 477-9923
    Request Owner's contact information
    207 S Academy St Lincolnton, NC 28092
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    207 S Academy St
    Lincolnton, NC 28092
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 S Academy St Lincolnton, NC 28092
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jimmy Stone
    Jimmy Stone
    Real Estate License ID: 333286
    Learn More
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!