Furnished Office
For Sale
$400,000
19701 Bethel Church Road #301, Cornelius, NC 28031
Two bathrooms and a full kitchen support everyday office operations.
Property Size1,412 SF
Price / SF$283.29
Days on Market10
Property Features for 19701 Bethel Church Road #301
General Information
Standard status
Active
Size
1,412 SF
Property subtype
Commercial
Space & Availability
Condition
Turnkey
Furnished
Yes
Additional Details
Highway Access
Yes
Office Units
1
Property Use
Office
Amenities
two bathrooms
full kitchen
Building Details
Building Size
1,412 SF
Year Built
2002
Listing Agency:
EXP Realty LLC Mooresville
Listed By:
Jeff Arzonico
(336) 909-0284
Source:
Geoffcampbell
Added: Oct 21
Changed: Oct 25
Last Checked: Oct 29 at 10:42PM
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 EXP Realty LLC Mooresville
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Investment Insights
Based on property information with market context.
This 1,412-square-foot office condo in Cornelius was built in 2002. Its layout accommodates two private offices along with a meeting room or open work area. The unit also includes two bathrooms and a full kitchen, and furnishings are available.
At 19701 Bethel Church Road, the property offers access to Highway 77 and serves the Lake Norman area. The space has previously been used as a real estate office.
At 19701 Bethel Church Road, the property offers access to Highway 77 and serves the Lake Norman area. The space has previously been used as a real estate office.
Key Highlights
- 1,412‑square‑foot office condo
- Two private offices plus a meeting room or open work area
- Two bathrooms and a full kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,764
Cap Rate
6.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,280
$495.3K
Cap Rate 7%
$353,771
$353.8K
Cap Rate 9%
$275,156
$275.2K
Market Conditions
NOI Build-Up for 1,412 SF
Gross rent
$36.8K $26.04/SF
− Vacancy
−$3.8K −$2.66/SF
EGI
$33.0K $23.38/SF
− OpEx
−$8.3K −$5.85/SF
NOI
$24.8K $17.54/SF
Area
Mecklenburg County, NC
Vacancy
10.20%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$495,280
Cap Rate 7%
$353,771
Cap Rate 9%
$275,156
Alternative Uses
Best Use
Office B
$353.8K
$309.6K – $412.7K
NOI $24,764 @ 7.0% cap · market cap 6.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$456.3K
$399.2K – $532.3K
NOI $31,938 @ 7.0% cap · market cap 7.98%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Explore this area
Business Placement
Demographics for 28031, NC
30,836
Population
14,194
Households
2.2
Avg Household Size
43
Median Age
61%
College-Educated
97%
High-School Grad
14.0 sq mi
ZIP Area
2,203
Density / Sq Mi
$115,746
Median Household Income
$65,377
Median Earnings
$1,587
Median Rent
$497,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Two bathrooms and a full kitchen support everyday office operations.
Where is this office unit located?
The property is located at 19701 Bethel Church Road #301 Cornelius, NC.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1,412‑square‑foot office condo; Two private offices plus a meeting room or open work area; Two bathrooms and a full kitchen
