Flexible Office
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10700 Kettering Drive #D, Charlotte, NC 28226
O-A zoning supports professional offices, with select retail uses subject to approval.
Property Size1,999 SF
Price / SF$0.02
Days on Market58
Property Features for 10700 Kettering Drive #D
General Information
Standard status
Active
Size
1,999 SF
Property subtype
Retail
Zoning
O-A
Site & Location
Neighborhood
South Middle
Additional Details
Office Units
1
Amenities
Additional parcels description:, Parcel Number: 221-191-35, Assessed Value: $3.3169e+06, Zoning: C700
Listing ID: CAR4421946, Standard Status: Active, MLS Status: Active, Property Subtype: Retail, 1 day on market
Built in 1999
County/Parish: Mecklenburg
All Utilities
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,999 SF
Year Built
1999
Listing Agency:
Century 21 Providence Realty
(704) 847-2144
Listed By:
Pat Flanagan · License #295126
(704) 916-9552
Source:
Blackstreaminternational
Added: Sep 3
Changed: Oct 29
Last Checked: Oct 28 at 8:20AM
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 Century 21 Providence Realty
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Investment Insights
Based on property information with market context.
Suite D at 10700 Kettering Drive contains 1,259± square feet of commercial space within a building constructed in 1999. The unit was previously configured for office use and offers a practical layout for professional, business, medical, or service-oriented operations. Retail use may be considered where permitted by applicable zoning requirements.
The property is located in Charlotte, North Carolina, with access to surrounding neighborhoods and major roadways. O-A (Office & Apartments) zoning accommodates business and professional office activity along with residential uses, providing a defined framework for evaluating future occupancy and permitted use.
The property is located in Charlotte, North Carolina, with access to surrounding neighborhoods and major roadways. O-A (Office & Apartments) zoning accommodates business and professional office activity along with residential uses, providing a defined framework for evaluating future occupancy and permitted use.
Key Highlights
- 1,259± SF commercial suite in Suite D
- Previously used as office space
- O‑A (Office & Apartments) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,444
Suggested Prices Based on Cap Rates
Cap Rate 5%
$388,880
$388.9K
Cap Rate 7%
$277,771
$277.8K
Cap Rate 9%
$216,044
$216.0K
Market Conditions
NOI Build-Up for 1,259 SF
Gross rent
$31.4K $24.96/SF
− Vacancy
−$5.5K −$4.37/SF
EGI
$25.9K $20.59/SF
− OpEx
−$6.5K −$5.15/SF
NOI
$19.4K $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%
$388,880
Cap Rate 7%
$277,771
Cap Rate 9%
$216,044
Alternative Uses
Best Use
Retail
$301.1K
$263.5K – $351.3K
NOI $21,079 @ 7.0% cap · market cap 70,263.33%
Second Best
Office B
$277.8K
$243.1K – $324.1K
NOI $19,444 @ 7.0% cap · market cap 64,813.33%
Theoretical Best
Office A
$419.2K
$366.8K – $489.1K
NOI $29,347 @ 7.0% cap · market cap 97,823.33%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
2,252
Businesses Nearby
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Business Placement
Demographics for 28226, NC
40,513
Population
16,816
Households
2.4
Avg Household Size
41
Median Age
62%
College-Educated
96%
High-School Grad
14.7 sq mi
ZIP Area
2,756
Density / Sq Mi
$113,203
Median Household Income
$61,177
Median Earnings
$1,477
Median Rent
$560,100
Median Home Value
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Market
Vacancy Rate% for Office in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Office unit - O-A zoning supports professional offices, with select retail uses subject to approval.
Where is this office unit located?
The property is located at 10700 Kettering Drive #D Charlotte, NC.
What are key features of this property?
This property features: 1,259± SF commercial suite in Suite D; Previously used as office space; O‑A (Office & Apartments) zoning
