Financial
Distress signals
Property profile

8700 Red Oak Blvd Charlotte, NC 28217

FOR LEASE
Industrial properties
Property ID
US53-0043051
73,843 SF 12.79 ac lot Built 1981
Last sale Feb 2024 · $11,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
8700 Red Oak Blvd, Charlotte, NC 28217 For Lease
$3,692/Mo 3,692 SF available
8700 Red Oak Blvd, Charlotte, NC 28217
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Property summary

AI-generated overview

This single-story, 81,117-square-foot Class B industrial flex space in Charlotte, NC, presents a unique leasing opportunity. Located at 8700 Red Oak Blvd, this 1981-built property underwent renovations in 2022. The building features three suites, with minimum divisible space of 4,128 square feet and maximum contiguous space of 7,396 square feet. Enjoy a generous ceiling height of 17 feet, 4 inches, and ample parking with a ratio of 3.2 spaces per 1,000 square feet. The property boasts

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$61k
Tax billed · 2023
Assessed value · 2024$8.26M
Assessed land$2.83M
Assessed improvement$5.44M
Effective rate0.73%

Value estimate

· Sep 2026
$11.00M
$9.90M – $12.10M
AI approach$11.00M
CAP approach$11.60M
Submarket $/SF estimate$14.27M
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$4k
Operating expenses−$16k
NOI · 1,021.02% cap applied$38k

Realmo valuation models over county records and 3 qualifying comparable sales.

Recently sold

What actually traded nearby?
$180/SF
ZIP average, outlier-cleaned · 28 recorded sales of this use type
Observed band · Q1–Q3$143 – $280
Qualifying comparables3

Cap rate analysis

How does the asset earn?
1,021.02%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
BD
JurisdictionMECKLENBURG

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office21.7
Realty agency19.1
Restaurant18.1

Location

8700 Red Oak Blvd Charlotte, NC 28217
County assessor Recorded deeds · 7 transfers 3 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
930 Tyvola, Charlotte, NC 28217-3512 $17,400,000 Dec 2025 99,876 SF
4210 Yancey, Charlotte, NC 28217-1740 $9,500,000 Jan 2024 48,931 SF
1133 Pressley, Charlotte, NC 28217-0912 $6,429,000 Oct 2023 51,576 SF
801 Pressley, Charlotte, NC 28217-0981 $9,100,000 Jun 2023 68,520 SF
901 Blairhill, Charlotte, NC 28217-1592 $5,800,000 Feb 2023 43,427 SF
920 Blairhill, Charlotte, NC 28217-1565 $11,972,500 Feb 2023 63,294 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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