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1220 Graham St Charlotte, NC 28203-4118

OFF-MARKET Office buildings Google Maps
5,946 SF 0.17 ac lot Built 2002
Entity Owned ~ Est. High Equity
Estimated value (blended)
$1.30M
Range $1.17M – $1.42M (±10%)
Property ID US53-5784498

Property summary

AI-generated overview

This exceptional 6,000 square foot creative office building, located at 1220 S Graham St in Charlotte, NC, presents a compelling investment opportunity. Built in 1990, this Class B property boasts a two-story design situated on a 0.17-acre lot in the vibrant South End neighborhood. The building is zoned I-2, offering flexibility for various uses. Currently, the property features two individual first-floor suites leased to separate tenants. One suite operates on a month-to-month lease at a monthly rent of $1,600, while the other is under a lease extending until December 31, 2026, with a monthly rent of $2,260.42 subject to annual escalations. This provides immediate cash flow and potential for future rental increases. The asking price for this well-located and income-producing asset is $3,200,000. The property's prime location in South End, combined with its existing tenancy and potential for future development, makes it an attractive investment prospect for discerning buyers seeking a strong return on investment in a thriving Charlotte market. The property's 28203 zip code further underscores its desirability. This is a rare opportunity to acquire a well-maintained, income-generating creative office building in a highly sought-after area.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2002
Total area 5,946 SF
Lot 0.17 ac (7,544 SF)
Zoning code I-2
APN 7326221
UPID US53-5784498

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising
  • Marketing & Advertising Advertising Agency
  • Marketing & Advertising Advertising Agency
  • Tech Support Center (Bike/Boat/Book/etc) Store

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.51M
Comparable Approach Comparable
$2.32M
Blend (final) Blend
$1.30M

Owner & transaction history

since 2026
Last sale
$3.0M
4 recorded transactions
2026
$3.0M
2022
Price N/A
2004
Price N/A
1997
Price N/A

Zoning & alternative use

I-2 · Charlotte, NC

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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