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    Airport Area Flex Space Available Title is generated by Realmo AI

    1809 Associates Ln Suite E, Charlotte, NC 28217

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    8,963 SF flex space near Charlotte Airport.

    Type:Office
    Property size:
    53,242 SF
    Added:
    Nov 26, 2025
    Days on Market:
    178
    Last Refresh:
    Apr 5 at 9:12 pm

    Property Features for 1809 Associates Ln Suite E

    General Information

    Standard status
    Active
    Size
    53,242 SF
    Property subtype
    Office

    Building Details

    Year Built
    1989

    Spaces For Lease

    at 1809 Associates Ln Suite E Contact us

    We can help!

    Listing Contact
    Travis Wood
    Travis Wood

    Listing agent Travis Wood

    Listing office

    Listing date Nov 26, 2025

    Source Lee-associates

    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 Travis Wood

    HighLights

    • Below‑market rental rate.
    • Prime location in Airport/West submarket with convenient access to Charlotte Douglas International Airport, I‑77, I‑85, and I‑485.
    • 8,963 SF flex/industrial space with 3,422 SF warehouse and 5,541 SF office/showroom.
    • 5 dock doors (1 with pit leveler) and 1 drive‑in door at‑grade.
    • Excellent frontage with strong signage visibility at the entrance to Coffey Creek Business Park.
    • Ample parking.

    Overview

    This 8,963 SF flex/industrial space is available for lease in the Airport/West submarket. The sublease consists of approximately 3,422 SF of warehouse space and 5,541 SF of office/showroom space. The warehouse includes 5 dock doors, one with a pit leveler, and 1 drive-in door at-grade. The property has frontage with signage opportunities at the entrance to Coffey Creek Business Park. The location in Coffey Creek Business Park provides access to I-77, I-85, and I-485, and is minutes from Charlotte Douglas International Airport. The site is surrounded by established industrial, logistics, and service businesses, making it suitable for distribution, warehousing, showroom space, light manufacturing, or service operations. Ample parking is available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Freylit USA Sustainability Organization

    Suggested Use

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

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

    Similar Places Nearby

    • MilfGood Eats — 4111 Rose Lake Dr #4695, Charlotte, NC 28217
    • Delisurprise llc — 4111 Rose Lake Dr #4360, Charlotte, NC 28217

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9301
    Latitude
    35.1764

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    FAQs

    What type of property is this?
    Flex space - 8,963 SF flex space near Charlotte Airport.
    Where is this flex space located?
    The property is located at 1809 Associates Ln Suite E Charlotte, NC.
    What are key features of this property?
    This property features: Below‑market rental rate.; Prime location in Airport/West submarket with convenient access to Charlotte Douglas International Airport, I‑77, I‑85, and I‑485.; **8,963 SF flex/industrial space with 3,422 SF warehouse and 5,541 SF office/showroom.**
    (980) 467-0002
    We can help!
    Listing Contact
    Travis Wood
    Travis Wood
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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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