Renovated Office Unit with Open
For Sale
$279,000
2101 Sardis Road N 206a, Charlotte, NC 28227
Second-floor commercial suite combines private offices, elevator access, shared restrooms, and parking for staff and visitors.
Property Size1,100 SF
Price / SF$253.64
Days on Market49
Property Features for 2101 Sardis Road N 206a
General Information
Standard status
Active
Size
1,100 SF
Elevators
Yes
Site & Location
Neighborhood
East Middle & Outer
Highway Access
Yes
Additional Details
Floor
2
HOA Fee
$347.06
Office Units
2
Amenities
common area bathrooms
fast fiber
Building Details
Year Built
1986
Listing Agency:
Coldwell Banker Realty
Listed By:
Peter Rieke · License #292618ANDSC100374S
(704) 575-1993
Source:
Lewisandkirk
Added: Sep 6
Changed: Oct 12
Last Checked: Oct 7 at 5:31PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This second-floor office offering comprises two connected condo units that function together as a single workspace. The 1,100-square-foot interior features an open plan, two windowed private offices, common-area restrooms, and elevator service. Recent renovation and modernization provide an updated setting for an office user, with fast fiber service available in the building.
The property includes parking for employees and visitors and offers access to Hwy 75, 485, 51, and Monroe Expressway. The two parcels, identified as 19337138 and 19337139, are being conveyed together. Built in 1986, the office units provide a practical combination of open work area and enclosed offices within a multi-unit commercial building.
The property includes parking for employees and visitors and offers access to Hwy 75, 485, 51, and Monroe Expressway. The two parcels, identified as 19337138 and 19337139, are being conveyed together. Built in 1986, the office units provide a practical combination of open work area and enclosed offices within a multi-unit commercial building.
Key Highlights
- 1,100 SF office configuration with open workspace and two windowed private offices
- Two connected office condos function together as one 1,100 SF space
- Recently renovated and modernized interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,292
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$385,840
$385.8K
Cap Rate 7%
$275,600
$275.6K
Cap Rate 9%
$214,356
$214.4K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$28.6K $26.04/SF
− Vacancy
−$2.9K −$2.66/SF
EGI
$25.7K $23.38/SF
− OpEx
−$6.4K −$5.85/SF
NOI
$19.3K $17.54/SF
Area
ZIP 28227
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%
$385,840
Cap Rate 7%
$275,600
Cap Rate 9%
$214,356
Alternative Uses
Best Use
Office B
$275.6K
$241.2K – $321.5K
NOI $19,292 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.9K
$342.9K – $457.2K
NOI $27,434 @ 7.0% cap · market cap 9.83%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
2
Office units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,445
Businesses Nearby
Explore this area
Business Placement
Demographics for 28227, NC
57,126
Population
23,179
Households
2.5
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
40.2 sq mi
ZIP Area
1,421
Density / Sq Mi
$75,322
Median Household Income
$41,742
Median Earnings
$1,412
Median Rent
$313,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Office unit - Second-floor commercial suite combines private offices, elevator access, shared restrooms, and parking for staff and visitors.
Where is this office unit located?
The property is located at 2101 Sardis Road N 206a Charlotte, NC.
What is the asking price?
The asking price for this property is $279,000.
What are key features of this property?
This property features: 1,100 SF office configuration with open workspace and two windowed private offices; Two connected office condos function together as one 1,100 SF space; Recently renovated and modernized interior
