Charlotte · Commercial sale
NR Park 51 Owner buys 10635 Park Rd in Pineville for $27.15 million
A medical office building at 10635 Park Rd, Pineville sold for $27,150,000 on August 18, 2026. See the seller and buyer net sheets for this sale.
- Sale price
- $27,150,000
- Recorded
- August 18, 2026
- Property type
- Medical office building
- Building area
- 59,892 sq ft
- Price per sq ft
- $453
- Year built
- 1981
A medical office building at 10635 Park Rd in Pineville sold for $27,150,000, a price 94% above the $13,994,500 market value on record, according to the Mecklenburg County Assessor.
The price is the one indicated by the transfer tax paid on a special warranty deed recorded August 18, 2026 with the Mecklenburg County Register of Deeds. The recorder's index lists NR Park 51 Owner LLC as the buyer.
The jump from the last sale is just as sharp. The most recent earlier sale on record was $7,900,000 in 2022, and this price is 3.4 times that. Across the 59,892 square feet of building area in the Assessor's records, the sale works out to $453 per square foot.
The Assessor's records show a 1981 construction date and a 5.3-acre lot. An aerial photo of the property shows a large parking lot on the site, with shops and offices around it.
What this sale costs to close
What does closing cost at this price? Under Mecklenburg County custom the seller's larger charges are $54,300 for the excise tax on conveyances (revenue stamps) and $300 for the seller's attorney fee. The seller's estimated net is $26,967,043 before brokerage commissions and any loan payoff. A cash buyer would need about $27,067,724 at closing.
Source: Mecklenburg County Assessor, parcel sales, document 40654-400. The price is the one indicated by the transfer tax paid; it may not be the actual sale price. Property details: Mecklenburg County Assessor. Net sheets are estimates from the NetSheet.org rules engine, not the parties' actual closing statements. Request a correction or removal.
