Two-Unit Office
10224 Hickorywood Hill Ave Huntersville, NC 28078
For Sale
Contact for pricing
Office suites include window offices, reception areas, ADA bathrooms, and kitchenette space.
Property Size1,500 SF
Price / SF$433.33
Days on Market38
Property Features for 10224 Hickorywood Hill Ave
General Information
Standard status
Active
Size
1,500 SF
Property subtype
OFFICE
Listing Agency:
The Knox Group
(704) 995-4885
Listed By:
Michelle Polito · License #335054
(704) 995-4885
Source:
Moodyscre
Added: Jun 23
Changed: Jul 28
Last Checked: Jul 29 at 3:53PM
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 offering includes two office suites with reception and waiting space, along with ADA bathrooms and kitchenette areas. Suite 204 provides three large window offices and approximately 800 RSF, and is occupied through 9/30/26. Suite 205 includes three large window offices and approximately 700 RSF, and is currently leased through 8/31/29.
The property is located at 10224 Hickorywood Hill Ave in Huntersville, NC 28078. Suite 204 is available for an owner-occupant use after the current occupancy ends, and Suite 205 provides ongoing rental income under its existing lease term.
The property is located at 10224 Hickorywood Hill Ave in Huntersville, NC 28078. Suite 204 is available for an owner-occupant use after the current occupancy ends, and Suite 205 provides ongoing rental income under its existing lease term.
Key Highlights
- Suite 204: 800 RSF office suite with 3 large window offices plus waiting room and reception
- Suite 204 includes an ADA bathroom and kitchenette; occupied until 9/30/26
- Suite 205: 700 RSF office suite with 3 large window offices plus waiting room and reception
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $39.1k | $26.04 |
| − Vacancy | −$4.0k | −$2.66 |
| EGI | $35.1k | $23.38 |
| − OpEx | −$8.8k | −$5.85 |
| NOI | $26.3k | $17.54 |
1,500 SF · lease $26.04/SF/yr · vacancy 10.20% · expense 25.00%
Alternative Uses
Best Use
Office B
$375.8K
$328.8K – $438.5K
NOI $26,307 @ 7.0% cap · market cap 4.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$484.7K
$424.1K – $565.5K
NOI $33,928 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office suites include window offices, reception areas, ADA bathrooms, and kitchenette space.
Where is this office units located?
The property is located at 10224 Hickorywood Hill Ave Huntersville, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Suite 204: 800 RSF office suite with 3 large window offices plus waiting room and reception; Suite 204 includes an ADA bathroom and kitchenette; occupied until 9/30/26; Suite 205: 700 RSF office suite with 3 large window offices plus waiting room and reception
