Mooresville Flex Industrial
For Sale
Contact for pricing
108 Beam Dr, Mooresville, NC
7300 SF flex industrial space on 3.85 AC lot.
Property Size7,300 SF
Lot Size3.84 Acres
Price / SF$226.03
Days on Market442
Property Features for 108 Beam Dr
General Information
Standard status
Active
Size
7,300 SF
Lot size
3.84 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Blanton Commercial Real Estate
(704) 554-6800
Listed By:
Steve Tubel
(704) 363-4724
Source:
Moodyscre
Added: Jun 30, 2025
Changed: Sep 13
Last Checked: Sep 13 at 5:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blanton Commercial Real Estate
Investment Insights
Based on property information with market context.
This 7300 SF flex industrial property is positioned on a 3.85 AC private lot and is zoned CC-C. The property includes approximately 3100 SF of turnkey-ready office space, suitable for a service industry, contractor, or private collector. The recently renovated and modernized office area features 6 private offices, a receptionist area, file room, conference room, break room, full kitchen, separate restrooms, an outdoor gathering space, a 20-space parking lot, and security fencing. The industrial warehouse portion includes approximately 1600 SF of climate-controlled space with a private office. The remaining approximately 2500 SF of warehouse space includes a dock high door. The total industrial portion is approximately 4200 SF. Ceiling height ranges from 10 ft to 13 ft clearance. There is excess land available for future expansion.
Key Highlights
- 7300 SF Flex Industrial space on 3.85 AC private lot with CC‑C zoning.
- Turn‑key ready, recently renovated and modernized 3100 SF office space with 6 private offices.
- 4200 SF total industrial space, including 1600 SF climate‑controlled area with private office and 2500 SF warehouse with dock high door.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$84,567
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,691,340
$1.7M
Cap Rate 7%
$1,208,100
$1.2M
Cap Rate 9%
$939,633
$939.6K
Market Conditions
NOI Build-Up for 7,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$138.4K $18.96/SF
− Vacancy
−$8.3K −$1.14/SF
EGI
$130.1K $17.82/SF
− OpEx
−$45.5K −$6.24/SF
NOI
$84.6K $11.58/SF
Area
Iredell County, NC
Vacancy
6.00%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,691,340
Cap Rate 7%
$1,208,100
Cap Rate 9%
$939,633
Alternative Uses
Best Use
Flex RnD
$1.21M
$1.06M – $1.41M
NOI $84,567 @ 7.0% cap · market cap 5.13%
Second Best
Warehouse
$757.9K
$663.2K – $884.2K
NOI $53,053 @ 7.0% cap · market cap 3.22%
Theoretical Best
Office A
$2.30M
$2.01M – $2.68M
NOI $160,834 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
92
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - 7300 SF flex industrial space on 3.85 AC lot.
Where is this flex space located?
The property is located at 108 Beam Dr Mooresville, NC.
What is the asking price?
The asking price for this property is $1,650,000.
What are key features of this property?
This property features: 7300 SF Flex Industrial space on 3.85 AC private lot with CC‑C zoning.; Turn‑key ready, recently renovated and modernized 3100 SF office space with 6 private offices.; 4200 SF total industrial space, including 1600 SF climate‑controlled area with private office and 2500 SF warehouse with dock high door.**
