Office Space For
For Sale
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514 Beatties Ford Rd, Charlotte, NC 28216
For sale office space totaling 2,664 SF at 514 Beatties Ford Rd in Charlotte.
Property Size2,868 SF
Price / SF$331.24
Days on Market159
Property Features for 514 Beatties Ford Rd
General Information
Standard status
Active
Size
2,868 SF
Class
C
Total Parking Spaces
13
Property subtype
Office
Zoning
NC-Neighborhood Center
Investment Type
Owner/User
Building Details
Year Built
1906
Year Renovated
2015
Buildings
1
Stories
2
Units
13
Listing Agency:
Ardor Commercial Advisors
Listed By:
Jim Pryor · License #NC 300373
(704) 620-8745
Source:
Crexi
Added: Apr 12
Changed: Sep 10
Last Checked: Sep 16 at 4:45PM
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 Ardor Commercial Advisors
Investment Insights
Based on property information with market context.
This offering is an office space for sale with a total area of 2,664 SF. The listing is presented as office accommodation under the broader category of commercial real estate.
The property is located at 514 Beatties Ford Rd in Charlotte, NC 28216. Prospective buyers should review the existing unit layout and finishing details during their due diligence.
The property is located at 514 Beatties Ford Rd in Charlotte, NC 28216. Prospective buyers should review the existing unit layout and finishing details during their due diligence.
Key Highlights
- For sale office space totaling 2,664 SF
- Located at 514 Beatties Ford Rd in Charlotte
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$50,824
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,016,480
$1.0M
Cap Rate 7%
$726,057
$726.1K
Cap Rate 9%
$564,711
$564.7K
Market Conditions
NOI Build-Up for 2,868 SF
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.
Gross rent
$75.7K $26.40/SF
− Vacancy
−$8.0K −$2.77/SF
EGI
$67.8K $23.63/SF
− OpEx
−$16.9K −$5.91/SF
NOI
$50.8K $17.72/SF
Area
ZIP 28216
Vacancy
10.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,016,480
Cap Rate 7%
$726,057
Cap Rate 9%
$564,711
Alternative Uses
Best Use
Office B
$726.1K
$635.3K – $847.1K
NOI $50,824 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$884.6K – $1.18M
NOI $70,770 @ 7.0% cap · market cap 7.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 28216, NC
57,196
Population
24,902
Households
2.3
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
30.0 sq mi
ZIP Area
1,907
Density / Sq Mi
$64,977
Median Household Income
$43,643
Median Earnings
$1,464
Median Rent
$246,100
Median Home Value
Check the figures for this property
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Market
Vacancy Rate% for Office in Charlotte, NC
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Frequently Asked Questions
What type of property is this?
Office units - For sale office space totaling 2,664 SF at 514 Beatties Ford Rd in Charlotte.
Where is this office units located?
The property is located at 514 Beatties Ford Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: For sale office space totaling 2,664 SF; Located at 514 Beatties Ford Rd in Charlotte
