Flex Space with Drive-Around
For Sale
$390,000
11 Bell Avenue, Denton, NC 27239
Corner property with office, warehouse, garage, docking, and converted living areas under NB zoning.
Property Size6,150 SF
Price / SF$63.41
Days on Market146
Property Features for 11 Bell Avenue
General Information
Standard status
Active
Size
6,150 SF
Property subtype
Commercial
Zoning
NB
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Warehouse & Industrial
Dock-High Doors
1
Three-Phase Power
Yes
Building Details
Year Built
1960
Buildings
1
Listing Agency:
Ed Price & Associates LLC
(336) 798-3750
Listed By:
Deborah Cross
Source:
Techrealtyllc
Added: Mar 9
Changed: Jul 31
Last Checked: Jul 31 at 9:49AM
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 Ed Price & Associates LLC
Investment Insights
Based on property information with market context.
This 6,150-square-foot flex property, built in 1960, includes more than 3,300 square feet of office and warehouse space, a half bath, garage bay, and docking bay. Phase 3 power is in place, and ceiling air hoses with a compressor remain on site. A portion of the building has been converted into living space with a full bath, laundry sink, laundry hookup, and kitchenette wired for a range and supplied with water lines for an ice maker. The living area also includes a great room with new French doors and recently installed HVAC serving part of the converted space.
The corner property has road frontage on Bell Avenue and Jones Street, with access allowing vehicles to drive around the building for deliveries. Parking is available in front and rear. Located in downtown Denton, the property offers access to NC Hwys 64, 49, and 109. NB zoning allows multiple uses, including business and residential. Outbuildings can be purchased separately.
The corner property has road frontage on Bell Avenue and Jones Street, with access allowing vehicles to drive around the building for deliveries. Parking is available in front and rear. Located in downtown Denton, the property offers access to NC Hwys 64, 49, and 109. NB zoning allows multiple uses, including business and residential. Outbuildings can be purchased separately.
Key Highlights
- 6,150‑square‑foot flex property built in 1960
- More than 3,300 square feet of office and warehouse space
- Corner frontage on Bell Avenue and Jones Street with drive‑around delivery access
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 | $55.4k | $9.00 |
| − Vacancy | −$4.4k | −$0.71 |
| EGI | $51.0k | $8.29 |
| − OpEx | −$15.3k | −$2.49 |
| NOI | $35.7k | $5.80 |
6,150 SF · lease $9.00/SF/yr · vacancy 7.90% · expense 30.00%
Alternative Uses
Best Use
Office B
$1.07M
$936.9K – $1.25M
NOI $74,955 @ 7.0% cap · market cap 19.22%
Second Best
Flex RnD
$757.4K
$662.7K – $883.6K
NOI $53,016 @ 7.0% cap · market cap 13.59%
Theoretical Best
Office A
$1.56M
$1.37M – $1.82M
NOI $109,224 @ 7.0% cap · market cap 28.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Dock-high doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
259
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 27239, NC
8,839
Population
3,920
Households
2.3
Avg Household Size
47
Median Age
19%
College-Educated
85%
High-School Grad
155.5 sq mi
ZIP Area
57
Density / Sq Mi
$61,098
Median Household Income
$35,556
Median Earnings
$824
Median Rent
$175,400
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Corner property with office, warehouse, garage, docking, and converted living areas under NB zoning.
Where is this flex space located?
The property is located at 11 Bell Avenue Denton, NC.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: 6,150‑square‑foot flex property built in 1960; More than 3,300 square feet of office and warehouse space; Corner frontage on Bell Avenue and Jones Street with drive‑around delivery access
