Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    1930 Abbott St Charlotte, NC 28203
    Back to Search
    Property profile & analytics

    1930 Abbott St Charlotte, NC 28203

    View on Map
    • Office properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • CGR Creative / Marketing & Advertising / Advertising Agency
    • Portrait Creations Photography / (Bike/Boat/Book/etc) Store / Photography Service
    • Carewell / Marketing & Advertising / IT Consulting Firm
    • New Life Building Supplies / Big Box & Wholesale Store / Building Supply
    • Holt Experiential / Skyline - Holt Exhibits / Advertising Agency / Marketing & Advertising

    Property Details for 1930 Abbott St

    Property type
    Office properties & Spaces
    Property subtype
    Office Units

    Description

    This exceptional investment opportunity presents two contiguous creative office units totaling approximately 3,972 square feet, located within the vibrant South End neighborhood of Charlotte, NC. Situated at 1930 Abbott Street, units 402 and 403 are part of the Camden Square West Development, a beautifully designed multi-tenant office building known for its modern architectural style. Currently, unit 403 is vacant, while unit 402 is leased until March 31, 2025. Detailed plans are available for combining the units into a single, cohesive 3,972 square foot space. Each unit boasts an efficient layout featuring open work areas, meeting spaces, and private offices spread across two levels. Upgrades include new flooring (main areas) and carpeting (offices), updated kitchen and bathroom fixtures, and excellent lighting. Furniture in both units is available for purchase separately, facilitating a smooth transition for the new owner. The asking price for both units is $1,875,000. The property benefits from a highly desirable location, within walking distance of numerous lunch and entertainment options, free parking, the light rail line, and major interstates. Note that the usable square footage (USF) equals the rentable square footage (RSF). The HOA fee is $467.10 per month per unit, property taxes are $6,603.73 per year per unit, and property insurance is $156.70 per month per unit.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.8637
    Latitude
    35.2127

    Comparable in this City

    • Value Estimation by Request
      5,879 SF

      1514 Southwood Ave

      Office Units • 5,879 SF
      1514 Southwood Ave, Charlotte, NC 28203
      View Details
    • Value Estimation by Request
      41,967 SF

      1900 South Blvd

      Office Units • 41,967 SF
      1900 South Blvd, Charlotte, NC 28203
      View Details
    • Value Estimation by Request
      14,579 SF

      1514 Church St

      Medical Office Space • 14,579 SF
      1514 Church St, Charlotte, NC 28203
      View Details
    • Value Estimation by Request

      2108 South Blvd

      Office Units
      2108 South Blvd, Charlotte, NC 28203
      View Details
    • Value Estimation by Request

      1950 Abbott St

      Office Units
      1950 Abbott St, Charlotte, NC 28203
      View Details
    • Value Estimation by Request
      370,000 SF

      110 East Blvd

      Office properties & Spaces • 370,000 SF
      110 East Blvd, Charlotte, NC 28203
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,450 SF

      Updated Office Condo for Professionals

      5,820 SF office condo with 15+ private offices.
      2010 S Tryon St, Charlotte, NC 28203
      View Details
    • Contact for pricing
      36,000 SF

      Historic Lance Building Factory South

      Eight connected luxury lofts in Charlotte's South End.
      1300 South Blvd, Charlotte, NC 28203
      View Details
    • $795,000
      1,456 SF

      Charlotte Office Space For Rent

      Office space available in Charlotte's South End neighborhood.
      2923 S Tryon St, Charlotte, NC 28203
      View Details
    • $1,400,000
      1,939 SF

      South End Office Condo

      Office condo in Charlotte's vibrant South End corridor.
      1930 Abbott St, Charlotte, NC 28203
      View Details
    • Contact for pricing

      South End Urban Core Property

      Prime location in Charlotte's South End near future development.
      308 Wickford Pl, Charlotte, NC 28203
      View Details
    • Contact for pricing

      South End Duplex For Sale

      Duplex available in South End neighborhood.
      2500 Dunavant St, Charlotte, NC 28203
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Office Spaces Available For Rent

      Office spaces available, ranging from 2,446 to 2,455 SqFt.
      2201 South Blvd, Charlotte, NC 28203
      View Details
    • Contact for pricing
      19,000 SF

      Office Space in Mixed-Use Development

      Class A office space in a dynamic mixed-use development.
      1301 Blvd S, Charlotte, NC 28203
      View Details
    • Contact for pricing
      1,533 SF

      Office Space Available For Rent

      6,643 SF office space for lease in Charlotte, NC.
      127 W Worthington Ave, Charlotte, NC 28203
      View Details
    • $34 SF/Yr
      11,658 SF

      Creative Office Space in Charlotte

      First-generation creative office space in dynamic South End location.
      2320 Toomey Ave, Charlotte, NC 28203
      View Details
    • Contact for pricing

      Creative Office Space in South End

      Turnkey 1,602 SF creative office space in vibrant South End.
      2133 Southend Dr, Charlotte, NC 28203
      View Details
    • Contact for pricing

      Historic Textile Mill Office Space

      Office condominium in Charlotte's Gold District, 2,755 SF available.
      1300 S Mint St, Charlotte, NC 28203
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1930 Abbott St
    Charlotte, NC 28203
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1930 Abbott St, Charlotte, NC, 28203
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!