Lake Toxaway Flex
13480 Rosman Highway Lake Toxaway, NC 28747
13480 Rosman Highway, Lake Toxaway, NC, 28747
$725,000
For Sale
$725,000
3,056 SF flex warehouse on 1.12 acres for sale.
Property Size3,056 SF
Lot Size1.12 Acres
Price / SF$237.24
Days on Market138
Property Features for 13480 Rosman Highway
General Information
- Standard status
- Active
- Size
- 3,056 SF
- Lot size
- 1.12 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 2003
Listing agency
NAI Allen Tate Beverly-Hanks Commercial
(845) 699-3340
Listed by
Chris Mansfield · License #NC #340236
(845) 699-3340
Source
Naiglobal
Added: Mar 6 Updated: Jul 6 at 10:29AM Checked: Jul 22 at 4:52AM
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 Allen Tate Beverly-Hanks Commercial
Investment Insights
Based on property information with market context.
The property at 13480 Rosman Highway, Lake Toxaway, offers a 3,056 SF fully insulated flex warehouse on 1.12 acres. Constructed in 2003, this building is zoned Open Use and is currently vacant. It features high ceilings, a large storage loft, and a fully operational 3-ton overhead crane. This property is suitable for light industrial use, specialized trades, or a private workspace for recreational or automotive projects. It is ideal for an owner-occupant seeking a flexible space to grow a business or for a buyer looking for a multipurpose facility.
Key Highlights
- 3,056 SF fully insulated flex warehouse on 1.12 acres.
- Includes a fully operational 3‑ton overhead crane.
- Zoned Open Use, offering flexible usage options.
Local Financial Insights For Flex RnD
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 | $58.7k | $19.20 |
| − Vacancy | −$1.5k | −$0.48 |
| EGI | $57.2k | $18.72 |
| − OpEx | −$20.0k | −$6.55 |
| NOI | $37.2k | $12.17 |
3,056 SF · lease $19.20/SF/yr · vacancy 2.50% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$531.2K
$464.8K – $619.8K
NOI $37,185 @ 7.0% cap · market cap 5.13%
Second Best
Warehouse
$313.3K
$274.1K – $365.5K
NOI $21,929 @ 7.0% cap · market cap 3.02%
Theoretical Best
Office A
$900.0K
$787.5K – $1.05M
NOI $63,002 @ 7.0% cap · market cap 8.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - 3,056 SF flex warehouse on 1.12 acres for sale.
Where is this flex space located?
The property is located at 13480 Rosman Highway Lake Toxaway, NC.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: 3,056 SF fully insulated flex warehouse on 1.12 acres.; Includes a fully operational 3‑ton overhead crane.; Zoned Open Use, offering flexible usage options.
