Charlotte Industrial
10908 Mt Holly Rd Charlotte, NC 28214
10908 Mt Holly Rd, Charlotte, NC, 28214
Contact for pricing
For Sale
Contact for pricing
Two-property package with industrial and commercial land and buildings.
Property Size31,000 SF
Lot Size4.80 Acres
Price / SF$112.90
Days on Market867
Property Features for 10908 Mt Holly Rd
General Information
- Standard status
- Active
- Size
- 31,000 SF
- Lot size
- 4.80 Acres
- Property subtype
- Industrial, Mixed Use
Building Details
- Year Built
- 1964
Listing agency
KW Commercial - Keller Williams Select
(704) 780-3905
Listed by
Ramzi Hawa · License #NC 299505
Source
Crexi
Added: Mar 6, 2024 Updated: Jul 10 at 3:43PM Checked: Jul 20 at 4:32AM
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 KW Commercial - Keller Williams Select
Investment Insights
Based on property information with market context.
This offering includes two adjacent parcels totaling 4.8 acres with 31,000 square feet of building space, suitable for investors, owner-users, or developers. The properties are located at 10908 Mount Holly Rd and 200 Pawley Dr in Charlotte, NC. The front parcel at 10908 Mount Holly Rd, zoned ML2 CD (Industrial), features a Class C warehouse and office building, upgradable to Class B, with loading docks, bays, and mezzanine storage, plus separate bathrooms for office staff and workers. Additional structures include a 10,000 SF metal building that could be converted into a dealership. The back parcel at 200 Pawley Dr, zoned CG (General Commercial), is mostly level with a wooded rear section, offering flexible development options and good visibility. Both parcels are gated and fenced, with the front parcel having 326 feet of frontage on Mount Holly Rd. The properties are cleared and ready for development or occupancy, ideal for manufacturing, warehousing, trucking, auto sales, flex space, catering (with interior overhaul), or repair services. The rear parcel is suitable for commercial ventures, retail-oriented industrial use, or overflow from the adjacent parcel. Permitted uses include industrial applications, and allowed uses with certain conditions include vehicle repair facilities and restaurants or bars. Combining both lots allows for larger-scale development, subject to City of Charlotte Subdivision Department approval.
Key Highlights
- Prime Industrial Location: 4.8 acres in Charlotte, NC, ideal for investors, owner‑users, or developers.
- Versatile Zoning: ML2 and CG zoning allows for manufacturing, warehousing, retail, and more.
- Existing Infrastructure: Includes a 31,000 SF building with loading docks, multiple bays, and office space.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $483.6k | $15.60 |
| − Vacancy | −$31.4k | −$1.01 |
| EGI | $452.2k | $14.59 |
| − OpEx | −$135.6k | −$4.38 |
| NOI | $316.5k | $10.21 |
31,000 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$5.49M
$4.80M – $6.41M
NOI $384,341 @ 7.0% cap · market cap 10.98%
Second Best
Flex RnD
$4.82M
$4.22M – $5.62M
NOI $337,311 @ 7.0% cap · market cap 9.64%
Theoretical Best
Office A
$10.32M
$9.03M – $12.04M
NOI $722,614 @ 7.0% cap · market cap 20.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Two-property package with industrial and commercial land and buildings.
Where is this flex space located?
The property is located at 10908 Mt Holly Rd Charlotte, NC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Prime Industrial Location: 4.8 acres in Charlotte, NC, ideal for investors, owner‑users, or developers.; Versatile Zoning: ML2 and CG zoning allows for manufacturing, warehousing, retail, and more.; Existing Infrastructure: Includes a **31,000 SF building** with loading docks, multiple bays, and office space.
