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    Mixed-Use Town Center Office Space Title is generated by Realmo AI

    4720 Piedmont Row Drive, Charlotte, NC 28210

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    Upscale office space within a full-service town center featuring structured parking, on-site management, and nearby retail and dining.

    Type:Office
    Property size:
    397,000 SF
    Added:
    Jun 2, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 3 at 2:48 am

    Property Features for 4720 Piedmont Row Drive

    General Information

    Standard status
    Active
    Size
    397,000 SF
    Property subtype
    Office

    We can help!

    Listing Contact
    Campbell Walker
    Campbell Walker

    Listing agent Campbell Walker

    Listing office Lincoln Property Company | Charlotte

    Listing date Jun 2, 2026

    Source Lpc

    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 Lincoln Property Company | Charlotte

    HighLights

    • Two modern office buildings with a combined 397,000 SF in the Piedmont Town Center mixed‑use development
    • Approximately 87,500 SF of prime retail space plus dining and restaurants within the town center
    • ~180 luxury residential units on‑site, creating a live‑work mixed‑use environment
    • Full‑service on‑site property management and leasing office included
    • Free structured parking and central plaza with roundabout and signature water fountain
    • Off Fairview Rd in the SouthPark community near SouthPark Mall and within minutes of CLT Airport and I‑77/I‑85

    Overview

    Piedmont Town Center is an upscale mixed-use development centered on two modern office buildings with premium retail and restaurant amenities in close proximity. The project offers open-air retail and stylish residential components, along with a central plaza that includes a roundabout and a signature water fountain. Office highlights include traditional architectural elements with natural stone bases and all-glass corner design, along with double-door elevator lobby access and upgraded finishes throughout. The overall environment is complemented by structured parking and a landscaped residential park with a lawn and reflecting pool.

    The town center is positioned in the heart of the SouthPark community on Fairview Road, just a few yards from prime retail and dining. It is near the recently updated and expanded SouthPark Mall, about four miles from downtown Charlotte, and minutes from Charlotte-Douglas International Airport as well as I-77 and I-85. A main avenue serves both vehicles and pedestrians, creating convenient day-to-day access for employees and visitors.

    With full service and on-site property management and leasing, this setting is well suited for office tenants looking for a highly amenitized, mixed-use address where employees can access dining and retail without leaving the development. The combination of upgraded finishes, structured parking, and an established town center environment supports a range of professional office uses seeking a polished presence in a prominent Charlotte corridor.
    Location Intelligence

    Current Use by Public Records

    4720 Piedmont Row ... Parking Lot & Garage Afton Capital Management Financial Advisor PTC Corporate Office PNC Mortgage - Hunter ... Loan Service Gray consultant llc Image Consultant

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Real Estate Agency Nail Salon Building Supply Daycare Center Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8402072
    Latitude
    35.1517768

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    FAQs

    What type of property is this?
    Office building - Upscale office space within a full-service town center featuring structured parking, on-site management, and nearby retail and dining.
    Where is this office building located?
    The property is located at 4720 Piedmont Row Drive Charlotte, NC.
    What are key features of this property?
    This property features: Two modern office buildings with a combined 397,000 SF in the Piedmont Town Center mixed‑use development; Approximately 87,500 SF of prime retail space plus dining and restaurants within the town center; ~180 luxury residential units on‑site, creating a live‑work mixed‑use environment
    (704) 714-7690
    We can help!
    Listing Contact
    Campbell Walker
    Campbell Walker
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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