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10027 Park Cedar Dr - Park Cedar Professional Center 1,395 - 1,606 SF Condo Units Offered at $481,275 - $554,070 Per Unit in Charlotte, NC 28210
Investment Highlights
- Prime location near Park Road and Highway 51 with quick access to I-485.
- Strong condo association with good reserves and no pending assessments.
- Ideal for owner-occupants seeking a professional, move-in-ready office space.
- Functional floor plan with lobby, reception, conference room, and multiple offices.
- Surrounded by retail, dining, and professional services for added convenience.
Executive Summary
10027 Park Cedar Drive, Suite 200, is a professional office condominium located in a highly accessible area of Charlotte, NC. Positioned near the intersection of Park Road and Highway 51, the property offers excellent connectivity to I-485 and the greater Charlotte metro area. The surrounding neighborhood features a strong mix of retail, dining, and professional services, creating a convenient and business-friendly environment. This location is ideal for companies seeking a strategic address in a well-established commercial corridor.
2 Units Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Two Office condos for sale together or separate
$345 per sq. ft.
Condo dues $2.65 per sq. ft. per year. Owner says no pending assessments and good reserves by condo association.
10027-150: 1,606 sf. Leased at $31,708.38 per year until August 31, 2027. Property taxes: see below *
10027-200: 1,394 sf for owner/occupant. Property taxes: see below*
*Units 150 and 200 were deeded together on one deed and the property taxes are $4,809.31 for both units. Owner has legally separated the deeds on the unit. So taxes will be prorated.
$345 per sq. ft.
Condo dues $2.65 per sq. ft. per year. Owner says no pending assessments and good reserves by condo association.
10027-150: 1,606 sf. Leased at $31,708.38 per year until August 31, 2027. Property taxes: see below *
10027-200: 1,394 sf for owner/occupant. Property taxes: see below*
*Units 150 and 200 were deeded together on one deed and the property taxes are $4,809.31 for both units. Owner has legally separated the deeds on the unit. So taxes will be prorated.
| Sale Type | Owner User | Sale Status | Under Contract |
| Sale Type | Owner User |
| Sale Status | Under Contract |
Description
Two office condos for sale together or separate.
$345 per sq. ft.
Condo dues $2.65 per sq. ft. per year. Owner says no pending assessments and good reserves by condo association.
10027-150: 1,606 sf. Leased at $31,708.38 per year until August 31, 2027. Property taxes: see below *
10027-200: 1,394 sf for owner/occupant. Property taxes: see below*
*Units 150 and 200 were deeded together on one deed and the property taxes are $4,809.31 for both units. Owner has legally separated the deeds on the unit. So taxes will be prorated.
$345 per sq. ft.
Condo dues $2.65 per sq. ft. per year. Owner says no pending assessments and good reserves by condo association.
10027-150: 1,606 sf. Leased at $31,708.38 per year until August 31, 2027. Property taxes: see below *
10027-200: 1,394 sf for owner/occupant. Property taxes: see below*
*Units 150 and 200 were deeded together on one deed and the property taxes are $4,809.31 for both units. Owner has legally separated the deeds on the unit. So taxes will be prorated.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit 150 | 1,606 SF | Office/Medical | $554,070 ($345.00/SF) | - |
| Unit 200 | 1,395 SF | Office | $481,275 ($345.00/SF) | - |
Unit 150
| Unit Size |
| 1,606 SF |
| Condo Use |
| Office/Medical |
| Price |
| $554,070 ($345.00/SF) |
| NOI |
| - |
Unit 200
| Unit Size |
| 1,395 SF |
| Condo Use |
| Office |
| Price |
| $481,275 ($345.00/SF) |
| NOI |
| - |
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Unit 150
| Unit Size | 1,606 SF |
| Condo Use | Office/Medical |
| Price | $554,070 ($345.00/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Two Office condos for sale together or separate<br> $345 per sq. ft. <br> Condo dues $2.65 per sq. ft. per year. Owner says no pending assessments and good reserves by condo association. <br> 10027-150: 1,606 sf. Leased at $31,708.38 per year until August 31, 2027. Property taxes: see below *<br> 10027-200: 1,394 sf for owner/occupant. Property taxes: see below*<br> *Units 150 and 200 were deeded together on one deed and the property taxes are $4,809.31 for both units. Owner has legally separated the deeds on the unit. So taxes will be prorated.</li></ul> |
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Map
Unit 200
| Unit Size | 1,395 SF |
| Condo Use | Office |
| Price | $481,275 ($345.00/SF) |
| NOI | - |
| Sale Type | Owner User |
| Sale Status | Under Contract |
| Description | |
| Two office condos for sale together or separate.<br> $345 per sq. ft. <br> Condo dues $2.65 per sq. ft. per year. Owner says no pending assessments and good reserves by condo association. <br> 10027-150: 1,606 sf. Leased at $31,708.38 per year until August 31, 2027. Property taxes: see below *<br> 10027-200: 1,394 sf for owner/occupant. Property taxes: see below*<br> *Units 150 and 200 were deeded together on one deed and the property taxes are $4,809.31 for both units. Owner has legally separated the deeds on the unit. So taxes will be prorated.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 4,557 SF | Typical Floor Size | 4,557 SF |
| Property Type | Office | Year Built | 1999 |
| Property Subtype | Medical | Lot Size | 8.88 AC |
| Building Class | B | Parking Ratio | 7.02/1,000 SF |
| Floors | 1 | ||
| Zoning | OC, County - Office, Condominums | ||
| Total Building Size | 4,557 SF |
| Property Type | Office |
| Property Subtype | Medical |
| Building Class | B |
| Floors | 1 |
| Typical Floor Size | 4,557 SF |
| Year Built | 1999 |
| Lot Size | 8.88 AC |
| Parking Ratio | 7.02/1,000 SF |
| Zoning | OC, County - Office, Condominums |
Amenities
- 24 Hour Access
- Signage
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
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10027 Park Cedar Dr - Park Cedar Professional Center
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