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Financial
Distress signals
Property profile

8720 Red Oak Blvd Charlotte, NC 28217

FOR LEASE
Office buildings
Property ID
US53-5791743
100,204 SF 7.06 ac lot Built 1985
Last sale Jan 2017 · $8,350,000
Individually Owned Owner of record is an individual. 9-yr Hold Held for 9 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space totaling 2,314 square feet within a commercial building that includes a conference center, on-site food service, and a fitness center. The site provides abundant parking and is positioned for convenient transportation access, including approximately 10 minutes to Uptown Charlotte (Charlotte CBD) and about 15 minutes to Charlotte-Douglas International Airport. It has proximity to dining and lodging, with restaurants and hotels located within a 1-mile radius, and provides access to major roadways including I-77 and I-485.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$110k
Tax billed · 2023
Assessed value · 2024$14.98M
Assessed land$1.83M
Assessed improvement$13.15M
Effective rate0.73%

Value estimate

· Oct 2026
$18.22M
$16.39M – $20.04M
CAP approach$25.40M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$446/SF
ZIP average, outlier-cleaned · 46 recorded sales of this use type
Observed band · Q1–Q3$125 – $847

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
B-D
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 Office19.5
Realty agency17.1
Auto Repair Shop16.2

Location

8720 Red Oak Blvd Charlotte, NC 28217
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file 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
4100 Southstream, Charlotte, NC 28217-4504 $17,000,000 Jan 2025 132,035 SF
207 Regncy Ex Pk, Charlotte, NC 28217-2648 $4,150,000 Oct 2024 47,120 SF
5200 77th Ctr, Charlotte, NC 28217-0701 $71,426,000 Sep 2024 100,778 SF
5250 77th Ctr, Charlotte, NC 28217-0715 $71,426,000 Sep 2024 84,283 SF
5550 77th Ctr, Charlotte, NC 28217-0738 $71,426,000 Sep 2024 62,151 SF
5600 77th Ctr, Charlotte, NC 28217-2717 $71,426,000 Sep 2024 61,170 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.
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