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7229 Albemarle Rd 7,481 SF Vacant Office Building Charlotte, NC 28227 $1,525,000 ($203.85/SF)
INVESTMENT HIGHLIGHTS
- Excellent Office Purchase Opportunity for a professional services firm (Attorney, Accountant, Insurance, etc.)
- Built in 2003, Zoned CG (General Commercial for wide variety of Office + Retail Uses), Tax Records have parcel at 1.14 Acres (49,658sf).
- Plenty of Area Retail Close By and numerous apartments + single-family neighborhoods nearby.
- +/- 5,394sf Finished 1st floor over 3 Contiguous Suites plus +/- 2,087sf unfinished 2nd Floor (+/-7,481sf TOTAL POTENTIAL)
- Excellent + Prominent Monument Signage, Natural and Private Setting and a great view of an adjacent neighbor's large pond.
- The Former Eastland Mall Site in undergoing a major development, enhancing the submarket. Close to Atrium Health Performance Park home to Charlotte FC
EXECUTIVE SUMMARY
Positioned in Charlotte’s thriving East Submarket, 7229 Albemarle Rd offers a rare opportunity for professional services firms, medical users, or investors seeking a flexible and functional property. This ±7,481 SF building sits on ±1.14 acres and features a finished first floor with multiple suites and an unfinished second floor, providing room for growth. The site includes a proposed plan for an additional 60’ x 40’ building pad and expanded parking, creating future scalability for owners.
The property boasts excellent visibility along Albemarle Rd, a key connector within the Charlotte metro area, ensuring convenient access for clients and employees. Prominent monument signage enhances brand presence, while the natural, private setting offers a professional atmosphere complemented by views of a neighboring pond. Surrounding amenities include major retailers, dining options, and dense residential neighborhoods, supporting a strong customer base.
Strategically located near Independence Blvd and W.T. Harris Blvd, the site benefits from connectivity to East Charlotte and the broader metro region. Nearby developments, including the revitalization of the former Eastland Mall site and Atrium Health Performance Park, underscore the area’s growth trajectory. This property represents a compelling investment for owner-users or landlords seeking a demisable layout and expansion potential in a dynamic market.
The property boasts excellent visibility along Albemarle Rd, a key connector within the Charlotte metro area, ensuring convenient access for clients and employees. Prominent monument signage enhances brand presence, while the natural, private setting offers a professional atmosphere complemented by views of a neighboring pond. Surrounding amenities include major retailers, dining options, and dense residential neighborhoods, supporting a strong customer base.
Strategically located near Independence Blvd and W.T. Harris Blvd, the site benefits from connectivity to East Charlotte and the broader metro region. Nearby developments, including the revitalization of the former Eastland Mall site and Atrium Health Performance Park, underscore the area’s growth trajectory. This property represents a compelling investment for owner-users or landlords seeking a demisable layout and expansion potential in a dynamic market.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Office
Building Size
7,481 SF
Building Class
B
Year Built
2003
Price
$1,525,000
Price Per SF
$203.85
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,394 SF
Building FAR
0.15
Lot Size
1.14 AC
Zoning
B1 - Buisness
Parking
25 Spaces (3.34 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
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PROPERTY TAXES
| Parcel Number | 109-161-09 | Improvements Assessment | $224,000 |
| Land Assessment | $830,700 | Total Assessment | $1,054,700 |
PROPERTY TAXES
Parcel Number
109-161-09
Land Assessment
$830,700
Improvements Assessment
$224,000
Total Assessment
$1,054,700
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7229 Albemarle Rd
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