First-Floor Office
For Sale
Contact for pricing
10801 Johnston Road #113, Charlotte, NC 28226
Flexible layout includes reception space and multiple private offices with rear-facing windows.
Property Size1,985 SF
Price / SF$2.18
Days on Market56
Property Features for 10801 Johnston Road #113
General Information
Standard status
Active
Size
1,985 SF
Property subtype
Commercial
Additional Details
Floor
First Floor
Amenities
Additional parcels description:, Parcel Number: 221-455-13, Assessed Value: $109,400
Listing ID: CAR4416127, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial
Built in 1985
County/Parish: Mecklenburg
Electricity
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,985 SF
Year Built
1985
Listing Agency:
Highland Realty & Development LTD
Listed By:
Lynette Glenn
(704) 877-5144
Source:
Blackstreaminternational
Added: Aug 25
Changed: Oct 16
Last Checked: Oct 16 at 8:58AM
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 Highland Realty & Development LTD
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Investment Insights
Based on property information with market context.
This first-floor office condominium offers approximately 550 square feet configured for professional use. The interior includes a generous reception area that can also function as an office, along with one semi-private office and a separate private office positioned at the rear with windows.
Located at 10801 Johnston Road, Unit 113, in Charlotte, North Carolina, the property was built in 1985. A minimum three-year lease term applies.
Located at 10801 Johnston Road, Unit 113, in Charlotte, North Carolina, the property was built in 1985. A minimum three-year lease term applies.
Key Highlights
- Approximately 550 SF of first‑floor office space
- Office condominium at 10801 Johnston Road, Unit 113
- Reception area or front office configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,494
Suggested Prices Based on Cap Rates
Cap Rate 5%
$169,880
$169.9K
Cap Rate 7%
$121,343
$121.3K
Cap Rate 9%
$94,378
$94.4K
Market Conditions
NOI Build-Up for 550 SF
Gross rent
$13.7K $24.96/SF
− Vacancy
−$2.4K −$4.37/SF
EGI
$11.3K $20.59/SF
− OpEx
−$2.8K −$5.15/SF
NOI
$8.5K $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%
$169,880
Cap Rate 7%
$121,343
Cap Rate 9%
$94,378
Alternative Uses
Best Use
Office B
$121.3K
$106.2K – $141.6K
NOI $8,494 @ 7.0% cap · market cap 707.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$183.2K
$160.3K – $213.7K
NOI $12,821 @ 7.0% cap · market cap 1,068.42%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,001
Businesses Nearby
Explore this area
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Office units - Flexible layout includes reception space and multiple private offices with rear-facing windows.
Where is this office units located?
The property is located at 10801 Johnston Road #113 Charlotte, NC.
What are key features of this property?
This property features: Approximately 550 SF of first‑floor office space; Office condominium at 10801 Johnston Road, Unit 113; Reception area or front office configuration
