Office Suite with Dedicated
738 Pierson Drive Charlotte, NC 28205
For Sale
$525,000
Former accounting office offering multiple flexible-use rooms and seven dedicated parking spaces for client and staff access.
Property Size1,556 SF
Price / SF$337.40
Days on Market276
Property Features for 738 Pierson Drive
General Information
Standard status
Active
Size
1,556 SF
Property subtype
Office
Building Details
Year Built
1958
Listing Agency:
CK Select Real Estate
(704) 960-9290
Listed By:
Brenda Kerns
(704) 960-9290
Source:
Xome
Added: Oct 25, 2025
Changed: Jul 21
Last Checked: Jul 27 at 3:10AM
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 CK Select Real Estate
Investment Insights
Based on property information with market context.
This property was previously used as an accounting office and includes multiple flexible-use rooms suited for a variety of professional office, medical, or service business needs. The space is designed for practical day-to-day operations, with an emphasis on accommodating different office and treatment/workflow configurations within the building.
Located just off Highway 74 near Walmart and other major retailers, the property benefits from convenience and visibility in a retail-heavy area. Ample parking is available, including seven dedicated spaces that support easy arrival for both clients and staff.
For buyers seeking an office space with an established interior layout and straightforward parking for smaller teams, this offering presents a functional option in the Charlotte market.
Located just off Highway 74 near Walmart and other major retailers, the property benefits from convenience and visibility in a retail-heavy area. Ample parking is available, including seven dedicated spaces that support easy arrival for both clients and staff.
For buyers seeking an office space with an established interior layout and straightforward parking for smaller teams, this offering presents a functional option in the Charlotte market.
Key Highlights
- Former accounting office with multiple flexible‑use rooms for professional, medical, or service business use
- 7 dedicated parking spaces for client and staff access
- Corner lot property
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 | $38.8k | $24.96 |
| − Vacancy | −$6.8k | −$4.37 |
| EGI | $32.0k | $20.59 |
| − OpEx | −$8.0k | −$5.15 |
| NOI | $24.0k | $15.44 |
1,556 SF · lease $24.96/SF/yr · vacancy 17.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$343.3K
$300.4K – $400.5K
NOI $24,031 @ 7.0% cap · market cap 4.58%
Second Best
Healthcare Medical
$307.5K
$269.1K – $358.8K
NOI $21,527 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$518.2K
$453.4K – $604.5K
NOI $36,271 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office units - Former accounting office offering multiple flexible-use rooms and seven dedicated parking spaces for client and staff access.
Where is this office units located?
The property is located at 738 Pierson Drive Charlotte, NC.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Former accounting office with multiple flexible‑use rooms for professional, medical, or service business use; 7 dedicated parking spaces for client and staff access; Corner lot property
