Brick Office Building with Subdividable
300-319 S Sharon Amity Rd Charlotte, NC 28211
300-319 S Sharon Amity Rd, Charlotte, NC, 28211
$2,653,100
For Sale
$2,653,100
Brick office space built in 1985 with monument signage potential and a third floor that can be subdivided.
Property Size6,170 SF
Price / SF$430
Days on Market75
Property Features for 300-319 S Sharon Amity Rd
General Information
- Standard status
- Active
- Size
- 6,170 SF
Listing agency
Highland Realty & Development LTD
(704) 877-5144
Listed by
Lynette Glenn
(704) 877-5144
Source
Exprealty
Added: May 9 Updated: Jul 22 at 3:26AM Checked: Jul 22 at 3:26AM
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 Highland Realty & Development LTD
Investment Insights
Based on property information with market context.
This brick office building was constructed in 1985 and offers efficient layouts with abundant natural light. The available third floor can be subdivided into two office condos. Condo A is a 2,744 SF unit featuring 6 offices, 3 conference rooms, a break room, and a private lobby. Condo B is a 3,426 SF unit with 8 offices, a reception area, a print room, and a large break area. Monument signage is available, and ample parking is supported by a 5/1000 parking ratio.
The property is located directly across from Cotswold Village Shops, providing an established retail presence immediately adjacent to the building.
The seller prefers to sell the third floor together, which may appeal to an owner-user looking for flexible interior configuration within a single acquisition.
The property is located directly across from Cotswold Village Shops, providing an established retail presence immediately adjacent to the building.
The seller prefers to sell the third floor together, which may appeal to an owner-user looking for flexible interior configuration within a single acquisition.
Key Highlights
- Brick office building built in 1985, located directly across from Cotswold Village Shops
- Third‑floor space can be subdivided into two condo offices: 2,744 SF and 3,426 SF
- Condo A includes 6 offices, 3 conference rooms, break room, and private lobby (listed price $1,234,400)
Local 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 | $154.0k | $24.96 |
| − Vacancy | −$27.0k | −$4.37 |
| EGI | $127.1k | $20.59 |
| − OpEx | −$31.8k | −$5.15 |
| NOI | $95.3k | $15.44 |
6,170 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.59M
NOI $95,289 @ 7.0% cap · market cap 3.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.05M
$1.80M – $2.40M
NOI $143,824 @ 7.0% cap · market cap 5.42%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Brick office space built in 1985 with monument signage potential and a third floor that can be subdivided.
Where is this office units located?
The property is located at 300-319 S Sharon Amity Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $2,653,100.
What are key features of this property?
This property features: Brick office building built in 1985, located directly across from Cotswold Village Shops; Third‑floor space can be subdivided into two condo offices: 2,744 SF and 3,426 SF; Condo A includes 6 offices, 3 conference rooms, break room, and private lobby (listed price $1,234,400)
