Office Unit with Dedicated
For Sale
$730,000
A201-4523 Park Road, Charlotte, NC 28209
Upstairs professional office suite with designated parking and OFC zoning near Charlotte’s central business corridors.
Property Size1,920 SF
Price / SF$380.21
Days on Market54
Property Features for A201-4523 Park Road
General Information
Standard status
Active
Size
1,920 SF
Total Parking Spaces
7
Zoning
OFC
Site & Location
Neighborhood
Sharonbrook
Additional Details
Floor
Upstairs
HOA Fee
$480.09
Office Units
1
Listing Agency:
Gilleland Realty Inc
(704) 735-0099
Listed By:
Lee Huss · License #347394
(704) 530-4418
Source:
Exprealty
Added: Sep 9
Changed: Oct 25
Last Checked: Nov 1 at 7:51AM
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 Gilleland Realty Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Suite A201 is an upstairs office unit containing 1,920 square feet and seven designated parking spaces. The property is zoned OFC, supporting professional and office-oriented use, and offers a defined commercial suite within a multi-suite building.
Located at 4523 Park Road in Charlotte, the property sits south of Uptown and between Uptown, SouthPark, and Montford Drive. The suite is approximately 5 miles from the heart of Charlotte, with access to Park Road and surrounding business areas.
Located at 4523 Park Road in Charlotte, the property sits south of Uptown and between Uptown, SouthPark, and Montford Drive. The suite is approximately 5 miles from the heart of Charlotte, with access to Park Road and surrounding business areas.
Key Highlights
- 1,920‑square‑foot upstairs office suite identified as A201
- Seven designated parking spaces included
- OFC zoning supports professional and office‑oriented use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,652
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,040
$593.0K
Cap Rate 7%
$423,600
$423.6K
Cap Rate 9%
$329,467
$329.5K
Market Conditions
NOI Build-Up for 1,920 SF
Gross rent
$47.9K $24.96/SF
− Vacancy
−$8.4K −$4.37/SF
EGI
$39.5K $20.59/SF
− OpEx
−$9.9K −$5.15/SF
NOI
$29.7K $15.44/SF
Area
Charlotte, NC
Vacancy
17.50%
Lease Rate
$24.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$593,040
Cap Rate 7%
$423,600
Cap Rate 9%
$329,467
Alternative Uses
Best Use
Office B
$423.6K
$370.7K – $494.2K
NOI $29,652 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$639.4K
$559.4K – $745.9K
NOI $44,755 @ 7.0% cap · market cap 6.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,537
Businesses Nearby
Explore this area
Business Placement
Demographics for 28209, NC
24,836
Population
13,410
Households
1.9
Avg Household Size
34
Median Age
70%
College-Educated
97%
High-School Grad
5.5 sq mi
ZIP Area
4,516
Density / Sq Mi
$97,762
Median Household Income
$71,103
Median Earnings
$1,606
Median Rent
$596,000
Median Home Value
Market
Vacancy Rate% for Office in Charlotte, NC
Frequently Asked Questions
What type of property is this?
Office unit - Upstairs professional office suite with designated parking and OFC zoning near Charlotte’s central business corridors.
Where is this office unit located?
The property is located at A201-4523 Park Road Charlotte, NC.
What is the asking price?
The asking price for this property is $730,000.
What are key features of this property?
This property features: 1,920‑square‑foot upstairs office suite identified as A201; Seven designated parking spaces included; OFC zoning supports professional and office‑oriented use
