West End Retail
2928 Rozzelles Ferry Road Charlotte, NC 28208
2928 Rozzelles Ferry Road, Charlotte, NC, 28208
$850,000
For Sale
$850,000
Single tenant building in booming West End Charlotte market.
Property Size1,905 SF
Price / SF$446.19
Days on Market439
Property Features for 2928 Rozzelles Ferry Road
General Information
- Standard status
- Active
- Size
- 1,905 SF
Building Details
- Year Built
- 1965
Listing agency
CALL IT CLOSED INTERNATIONAL INC
Listed by
MYLES GOOCH
Source
Corcoran
Added: May 9, 2025 Updated: Mar 16 at 9:09AM Checked: Mar 16 at 9:09AM
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 CALL IT CLOSED INTERNATIONAL INC
Investment Insights
Based on property information with market context.
This 1905-square-foot building presents an opportunity in the West End Charlotte market. It is suitable as a retail space for an owner occupant or as an investment property for lease. The surrounding area is experiencing new development, including townhomes, apartments, and the Savona Mill District.
Key Highlights
- Located in the booming West End Charlotte market.
- Single tenant building suitable for owner occupancy or investment.
- Endless possibilities for retail space.
Local Financial Insights For Retail
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 | $46.9k | $24.60 |
| − Vacancy | −$1.3k | −$0.68 |
| EGI | $45.6k | $23.92 |
| − OpEx | −$13.7k | −$7.18 |
| NOI | $31.9k | $16.74 |
1,905 SF · lease $24.60/SF/yr · vacancy 2.77% · expense 30.00%
Alternative Uses
Best Use
Retail
$455.6K
$398.7K – $531.6K
NOI $31,895 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$634.4K
$555.1K – $740.1K
NOI $44,406 @ 7.0% cap · market cap 5.22%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Polly Doolittle Specialty ...
Renovation Specialist
Nave
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Single tenant building in booming West End Charlotte market.
Where is this retail space located?
The property is located at 2928 Rozzelles Ferry Road Charlotte, NC.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Located in the booming West End Charlotte market.; Single tenant building suitable for owner occupancy or investment.; Endless possibilities for retail space.
