4928 Park RdCharlotte, NC 28209

Property Details for 4928 Park Rd

Year built

1946

Lot size

0.19 AC

Property size (Sq ft)

979 SF

Zone code

O-2

Property type

Office properties

Property subtype

Office buildings

APN

17113116

APU

17113116

Description

This exceptional single-story office building, situated on a 0.192-acre lot at 4928 Park Road in Charlotte, North Carolina, presents a rare opportunity for lease. Built in 1946 and extensively renovated in 2013, the 979-square-foot building offers two private office suites ideal for executive or medical practices. Currently, 282 square feet are vacant and ready for immediate occupancy. The property boasts convenient on-site parking and shared amenities including a reception area, kitchen, and one bathroom. Located in a high-traffic area on Park Road, this property enjoys excellent visibility and proximity to the Park Road Shopping Center and South Park. The building is zoned OFC (Office) and its Mecklenburg County APN is 17113116. This location benefits from being in a rapidly growing area with high household incomes, as noted by the local Chamber of Commerce. The property's single-tenant occupancy provides a streamlined and efficient environment for businesses seeking a well-maintained and conveniently located office space in a thriving Charlotte neighborhood. The address is 4928 Park Rd, Charlotte, NC 28209.

• CAP approach

  CAP return

  Valuation

  6%

  $344,333

  6.5%

  $317,846

  7%

  $295,142

• Comparable approach

  Method

  Valuation

  Relative Method

  $165,784

  Geo Method

  $165,784

• Alternative Use

  Use

  Valuation

  Residential

  $394,129

  Hospitality

  $361,020

  Educational

  $300,364

  Medical

  $310,694

  Retail

  $467,233

Location Insight

City

Charlotte

County

Mecklenburg

State

North Carolina

Latitude

35.163

Longitude

-80.8497

CBSA code

16740

CBSA name

CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].