Charlotte Office Space For
2923 S Tryon St Charlotte, NC 28203
For Sale
Contact for pricing
Office space available in Charlotte's South End neighborhood.
Property Size4,436 SF
Lot Size4.47 Acres
Price / SF$179.22
Days on Market184
Property Features for 2923 S Tryon St
General Information
Standard status
Active
Size
4,436 SF
Lot size
4.47 Acres
Property subtype
OFFICE
Listing Agency:
Park Commercial Real Estate
(704) 218-9204
Listed By:
Kelvin Day · License #129379
(210) 624-1164
Source:
Moodyscre
Added: Jan 27
Changed: Jul 10
Last Checked: Jul 21 at 5:45AM
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 Park Commercial Real Estate
Investment Insights
Based on property information with market context.
Located in Charlotte, Mecklenburg County, specifically in the South End area, this office space offers approximately 4,436 square feet of vacant space. The property includes parking with a capacity of 99 or more spaces. Additional information is available on the property flyer.
Key Highlights
- Location: South End, Charlotte
- County: Mecklenburg
- Parking: 99+/- Spaces
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $110.7k | $24.96 |
| − Vacancy | −$19.4k | −$4.37 |
| EGI | $91.3k | $20.59 |
| − OpEx | −$22.8k | −$5.15 |
| NOI | $68.5k | $15.44 |
4,436 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$978.7K
$856.4K – $1.14M
NOI $68,510 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.48M
$1.29M – $1.72M
NOI $103,404 @ 7.0% cap · market cap 13.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Office space available in Charlotte's South End neighborhood.
Where is this office units located?
The property is located at 2923 S Tryon St Charlotte, NC.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Location: South End, Charlotte; County: Mecklenburg; Parking: 99+/- Spaces
