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Two-Story Brick Office Condo

1317 Tyvola Road, Charlotte, NC 28210

For Sale
$1,900,000

Professional office space positioned directly across from the LYNX Blue Line light rail.

Property Size19,861 SF
Price / SF$441.86
Days on Market97

Property Features for 1317 Tyvola Road

General Information

Standard status Active
Size 19,861 SF
Property subtype Business

Site & Location

Neighborhood South Middle
Public Transit Yes

Additional Details

Office Units 1

Amenities

Additional parcels description:, Parcel Number: 171-105-44, Assessed Value: $177,500
Listing ID: CAR4408571, Standard Status: Active, MLS Status: Active, Property Subtype: Business, Special Conditions: None
Built in 1986, 1 building, Construction Materials: Brick Full
County/Parish: Mecklenburg
Road Responsibility: Publicly Maintained Road, Road Surface: Paved

Building Details

Building Size 19,861 SF
Year Built 1986
Stories 2
Construction brick
Listing Agency: Howard Hanna Allen Tate Rock Hill
Listed By: Sherri Stinecipher · License #27798
Source: Blackstreaminternational
Added: Aug 5 Changed: Nov 8 Last Checked: Nov 8 at 6:15AM

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 Howard Hanna Allen Tate Rock Hill

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This office condo contains approximately 4,300 SF across two levels, with brick construction and a flexible layout suited to professional office operations. Built in 1986, the property offers a substantial commercial setting for an owner-user or investor seeking office space.

The building is located at 1317 Tyvola Road in Charlotte, NC, directly across from the LYNX Blue Line light rail. That placement provides a clearly identified transit connection for employees, clients, and visitors, while the two-story configuration supports a range of office arrangements.

Key Highlights

  • ±4,300 SF office condo
  • Two‑story brick construction
  • Directly across from the LYNX Blue Line light rail

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$66,409
Cap Rate
3.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,328,180 $1.3M
Cap Rate 7%
$948,700 $948.7K
Cap Rate 9%
$737,878 $737.9K
Market Conditions
NOI Build-Up for 4,300 SF
Gross rent
$107.3K $24.96/SF
− Vacancy
−$18.8K −$4.37/SF
EGI
$88.5K $20.59/SF
− OpEx
−$22.1K −$5.15/SF
NOI
$66.4K $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%
$1,328,180
Cap Rate 7%
$948,700
Cap Rate 9%
$737,878

Alternative Uses

Best Use
Office B
$948.7K
$830.1K – $1.11M (±1% cap)
NOI $66,409 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,234 @ 7.0% cap · market cap 5.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

American Agency Inc Insurance Agency Insurance Marketing Concepts Insurance Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Garden Center Cafe & Coffee Shop Veterinary Clinic HVAC Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Office units

Location Intelligence

Trade Area within ½ mile

1,103
Businesses Nearby

Demographics for 28210, NC

46,843
Population
22,376
Households
2.1
Avg Household Size
37
Median Age
60%
College-Educated
91%
High-School Grad
12.4 sq mi
ZIP Area
3,778
Density / Sq Mi
$94,145
Median Household Income
$54,965
Median Earnings
$1,444
Median Rent
$486,000
Median Home Value

Market

Average Price Trend$/SF for Office Units in Charlotte, NC

$293 Jul
$265 Aug
$262 Sep
$222 Oct

Properties on Market for Office Units in Charlotte

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in Charlotte, NC

10.2% 2019
13.1% 2020
17.5% 2021
17.7% 2022
22.8% 2023
24.6% 2024
24.6% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Professional office space positioned directly across from the LYNX Blue Line light rail.
Where is this office unit located?
The property is located at 1317 Tyvola Road Charlotte, NC.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: ±4,300 SF office condo; Two‑story brick construction; Directly across from the LYNX Blue Line light rail
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Includes: Price & PSF · Cap rate · Location · Zoning

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