Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    508 Canterbury Rd Kings Mountain, NC 28086

    View on Map
    Sponsored
    For Sale
    $1,065,000

    SINGLE_FAMILY - Kings Mountain, NC

    Type:Office
    Lot size:
    2.90 Acres
    Days on Market:
    2
    Last Refresh:
    Mar 16 at 5:06 pm

    Property Features for 508 Canterbury Rd

    General Information

    Property type
    Residential
    Property subtype
    Office
    Standard status
    Active
    Zoning
    LI
    APN
    306768
    Parking features
    Parking Lot
    Lot size
    2.90 Acres

    Utilities

    Sewer type
    Public Sewer

    Building Details

    Year built
    1997
    Floors in Building
    1
    Building materials
    Block, Metal

    We can help!

    Listing Contact
    Ashley Watford

    Premier South (704) 829-3518

    Listing agent Ashley Watford (704) 840-8633

    Listing date Mar 15, 2026

    MLS# 4301747

    Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Kings Mountain Industrial Property For Sale

    This industrial property is located minutes from I-85 and HWY 74 Business. The building features a loading dock and functional space suitable for warehouse, office space, light manufacturing, or storage. With 2.9 acres, the property offers room to grow and combines convenience and functionality. It is located in Kings Mountain, North Carolina, in Gaston County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Foothills Historic Conservation, ... Construction Company StoneWright Realty, Inc. Real Estate Agency Metrolina Kidney Center Medical Clinic BMA Kings Mountain Medical Clinic

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kings Mountain
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.322307
    Latitude
    35.23768

    Nearby Similar for Sale

    • $1,600,000
      10,977 SF

      Versatile Commercial Building in Downtown

      Commercial building in downtown Kings Mountain with redevelopment potential.
      301 S Battleground Ave, Kings Mountain, NC 28086
      View Details
    • $395,000
      0.49 Acres

      Kings Mountain Commercial Property For Sale

      Highly visible commercial property suitable for medical, professional, or service-oriented businesses.
      810 W King St, Kings Mountain, NC 28086
      View Details
    • $368,900
      1.36 Acres

      Turnkey Investment Opportunity in Kings

      Two fully remodeled homes on a spacious 1.36-acre lot.
      624 Brevard St, Kings Mountain, NC 28086
      View Details
    • $1,695,000
      1.53 Acres

      Kings Mountain Mixed-Use Investment Opportunity

      Mixed-use property with commercial and residential potential in Kings Mountain.
      605 N Piedmont Ave, Kings Mountain, NC 28086
      View Details
    • New
      $580,000
      37,800 SF

      Secluded Kings Mountain Acreage

      53.18 acres of secluded land near I-85.
      211+212 Farris Rd, Kings Mountain, NC 28086
      View Details
    • $1,600,000
      10,977 SF

      Versatile Commercial Building in Kings Mountain

      Prominent corner lot in downtown Kings Mountain with redevelopment potential.
      301 S Battleground Ave, Kings Mountain, NC 28086
      View Details
    • $175,000

      Versatile Commercial Property with Potential

      2,040 sq. ft. heated building with expansion potential.
      709 Cleveland Ave, Kings Mountain, NC 28073
      View Details
    • $50,000
      384 SF

      Kings Mountain Commercial End-Unit

      384 sq ft commercial space in Kings Mountain, NC.
      211 N Piedmont Ave, Kings Mountain, NC 28086
      View Details
    • $299,998

      Brick Church and Fellowship Hall

      All brick church and fellowship hall package for sale.
      403 S Cherokee St, Kings Mountain, NC 28086
      View Details
    • $35,000

      Former Gas Station Available

      Gas station building with city water available for sale.
      1529 N Piedmont Ave, Kings Mountain, NC 28086
      View Details
    • $699,000
      2,220 SF

      York Road Retail Investment

      High-traffic NC convenience store & gas station.
      1003 York Rd, Kings Mountain, NC 28086
      View Details
    • $650,000
      1,668 SF

      Kings Mountain Retail & Storage

      Unique 1,668 SF flex building, great location.
      907 Bethlehem Rd, Kings Mountain, NC 28086
      View Details

    FAQs

    What type of property is this?
    Flex space - Versatile industrial property near I-85 and HWY 74 Business.
    Where is this flex space located?
    The property is located at 508 Canterbury Rd Kings Mountain, NC.
    What is the asking price?
    The asking price for this property is $1,065,000.
    What are key features of this property?
    This property features: - Strategic location minutes from I-85 and HWY 74 Business, providing excellent transportation access.; - Versatile industrial property suitable for warehouse, office space, light manufacturing, or storage.; - Features a loading dock for efficient operations.
    (704) 840-8633
    Request Owner's contact information
    508 Canterbury Rd Kings Mountain, NC 28086
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    508 Canterbury Rd
    Kings Mountain, NC 28086
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    508 Canterbury Rd Kings Mountain, NC 28086
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Ashley Watford
    (704) 840-8633
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!