Office Suite with
New
For Sale
Contact for pricing
7202 Wilkinson Boulevard, Belmont, NC 28012
A dedicated office layout includes an internal restroom and an exclusive breakroom.
Property Size1,950 SF
Price / SF$1.25
Days on Market4
Property Features for 7202 Wilkinson Boulevard
General Information
Standard status
Active
Size
1,950 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Property Use
Office
Amenities
internal restroom
exclusive breakroom
Public Sewer
Additional parcels description:, Parcel Number: 186575, Assessed Value: $687,320, Zoning: HC
Carpet, Vinyl
Central Air
Central, Natural Gas
Listing ID: CAR4439274, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial
Parking Lot
Built in 1950, Living area: 2091
County/Parish: Gaston
1 total bathroom
Water Source: City
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Building Details
Building Size
1,950 SF
Year Built
1950
Listing Agency:
L&E Properties
Listed By:
Heather Brock
(704) 827-0801
Source:
Blackstreaminternational
Added: Oct 30
Changed: Nov 1
Last Checked: Nov 1 at 3:24PM
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 L&E Properties
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Investment Insights
Based on property information with market context.
This 2,091-square-foot office suite includes a dedicated office layout, an internal restroom, and a private breakroom. The property was built in 1950.
The suite is at 7202 Wilkinson Boulevard in Belmont, with access to Interstate 85.
The suite is at 7202 Wilkinson Boulevard in Belmont, with access to Interstate 85.
Key Highlights
- 2,091‑square‑foot office suite
- Dedicated office layout with an internal restroom
- Exclusive breakroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,672
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,440
$733.4K
Cap Rate 7%
$523,886
$523.9K
Cap Rate 9%
$407,467
$407.5K
Market Conditions
NOI Build-Up for 2,091 SF
Gross rent
$54.4K $26.04/SF
− Vacancy
−$5.6K −$2.66/SF
EGI
$48.9K $23.38/SF
− OpEx
−$12.2K −$5.85/SF
NOI
$36.7K $17.54/SF
Area
Gaston 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%
$733,440
Cap Rate 7%
$523,886
Cap Rate 9%
$407,467
Alternative Uses
Best Use
Office B
$523.9K
$458.4K – $611.2K
NOI $36,672 @ 7.0% cap · market cap 1,403.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$658.1K
$575.9K – $767.8K
NOI $46,069 @ 7.0% cap · market cap 1,763.07%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
404
Businesses Nearby
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Business Placement
Demographics for 28012, NC
26,202
Population
11,511
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
92%
High-School Grad
27.3 sq mi
ZIP Area
960
Density / Sq Mi
$81,057
Median Household Income
$48,901
Median Earnings
$1,288
Median Rent
$324,400
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 - A dedicated office layout includes an internal restroom and an exclusive breakroom.
Where is this office unit located?
The property is located at 7202 Wilkinson Boulevard Belmont, NC.
What are key features of this property?
This property features: 2,091‑square‑foot office suite; Dedicated office layout with an internal restroom; Exclusive breakroom
