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    Kings Mountain Highway Commercial Property Title is generated by Realmo AI

    4239 Kings Mountain Hwy, Bessemer City, NC

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    Commercial property with warehouses, storage, and rental house.

    Type:INDUSTRIAL
    Property size:
    7,964 SF
    Lot size:
    4.80 Acres
    Price / SF:
    $188/SF
    Added:
    Sep 7, 2023
    Days on Market:
    1013
    Last Refresh:
    May 20 at 9:55 pm

    Property Features for 4239 Kings Mountain Hwy

    General Information

    Standard status
    Active
    Size
    7,964 SF
    Lot size
    4.80 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    Jay Vaughn, CCIM
    Jay Vaughn, CCIM

    Listing agent Jay Vaughn, CCIM License #148626

    Listing office NAI Southern Real Estate

    Listing date Sep 7, 2023

    Source Moodyscre

    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 NAI Southern Real Estate

    HighLights

    • Multiple buildings totaling 7,964 sf (1,440 sf to 5,030 sf range)
    • Fenced and improved storage lot with large gravel parking lot
    • Includes a small rental house
    • Several metal warehouses
    • Currently used as a paint and body shop and towing service
    • See brochure for additional details

    Overview

    The property includes a small rental house, several metal warehouses, and a fenced improved storage lot with a large gravel parking lot. Currently, the property is used as a paint and body shop along with a towing service. Buildings range in size from 1,440 square feet to 5,030 square feet, for a total of 7,964 square feet. The property is located on Kings Mountain Highway in Bessemer City, NC.

    Local Financial Insights For Retail

    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 $151.0k $18.96
    − Vacancy −$11.3k −$1.42
    EGI $139.7k $17.54
    − OpEx −$41.9k −$5.26
    NOI $97.8k $12.28
    7,964 SF · lease $18.96/SF/yr · vacancy 7.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.40M
    $1.22M – $1.63M (±1% cap)
    NOI $97,771 @ 7.0% cap · market cap 6.52%
    Second Best
    Warehouse
    $826.8K
    $723.5K – $964.6K (±1% cap)
    NOI $57,878 @ 7.0% cap · market cap 3.86%
    Theoretical Best
    Office A
    $2.51M
    $2.19M – $2.92M (±1% cap)
    NOI $175,463 @ 7.0% cap · market cap 11.70%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Fleet Paint Body ... Auto Repair Shop Fleet Paint & Body Auto Repair Shop

    Suggested Use

    Restaurant Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Nail Salon Hotel & Motel Food Market Storage Facility Grocery & Convenience Store

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

    Similar Places Nearby

    • Bessemer City Kings Mountain Storage Lot — 1375 Bessemer City-Kings Mountain Hwy, Bessemer City, NC 28016

    Location Insight

    • Map
    • Local Demand
    City
    Bessemer City
    County
    Gaston
    State
    North Carolina
    Longitude
    -81.27
    Latitude
    35.2537

    FAQs

    What type of property is this?
    Warehouse - Commercial property with warehouses, storage, and rental house.
    Where is this warehouse located?
    The property is located at 4239 Kings Mountain Hwy Bessemer City, NC.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: Multiple buildings totaling 7,964 sf (1,440 sf to 5,030 sf range); Fenced and improved storage lot with large gravel parking lot; Includes a small rental house
    (704) 488-1400 Call to check price and availability
    More about this property
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