Charlotte Office Building For
For Sale
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10220 Prosperity Park Dr, Charlotte, NC
5,026 SF office building in Charlotte, North Carolina.
Property Size5,026 SF
Lot Size2.05 Acres
Price / SF$417.83
Days on Market462
Property Features for 10220 Prosperity Park Dr
General Information
Standard status
Active
Size
5,026 SF
Lot size
2.05 Acres
Property subtype
OFFICE
Listing Agency:
The Knox Group
(704) 896-1911
Listed By:
Michelle Polito · License #335054
(704) 995-4885
Source:
Moodyscre
Added: Jul 2, 2025
Changed: Sep 6
Last Checked: Oct 5 at 4:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Knox Group
Investment Insights
Based on property information with market context.
This 5,026 square foot office building is located in Charlotte, North Carolina. The property is suitable for office use.
Key Highlights
- 5,026 SF office building
- Located in Charlotte, North Carolina
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,622
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,440
$1.6M
Cap Rate 7%
$1,108,886
$1.1M
Cap Rate 9%
$862,467
$862.5K
Market Conditions
NOI Build-Up for 5,026 SF
Gross rent
$125.4K $24.96/SF
− Vacancy
−$22.0K −$4.37/SF
EGI
$103.5K $20.59/SF
− OpEx
−$25.9K −$5.15/SF
NOI
$77.6K $15.44/SF
Area
Charlotte, NC
Vacancy
17.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,552,440
Cap Rate 7%
$1,108,886
Cap Rate 9%
$862,467
Alternative Uses
Best Use
Office B
$1.11M
$970.3K – $1.29M
NOI $77,622 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $117,157 @ 7.0% cap · market cap 5.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Charlotte, NC
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Frequently Asked Questions
What type of property is this?
Office building - 5,026 SF office building in Charlotte, North Carolina.
Where is this office building located?
The property is located at 10220 Prosperity Park Dr Charlotte, NC.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: 5,026 SF office building; Located in Charlotte, North Carolina
