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Industrial Warehouse with Roll-Up Doors
For Sale
$775,000

140 Water Tank Road, Statesville, NC 28677

SINGLE_FAMILY - Statesville, NC

Property SizeContact for details
Lot Size1.50 Acres
Days on Market526

Property Features for 140 Water Tank Road

General Information

Property type Residential
Property subtype Office
Zoning M1
Zoning description M1
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bathroom 2, Bathroom 3
Parking 35
Security features Security System
Fencing Fenced
Appliances Electric Water Heater
Lot features Cleared
Directions I 77 N West on I 40 to Old Mtn Road exit South to Right on Water Tank Rd to building on Right See sign
Standard status Active
APN 4704-71-1646
Lot size 1.50 Acres

Taxes and HOA fees

Tax Description YOUNT SR 1005 OFF
Legal Description YOUNT SR 1005 OFF

Utilities

Utilities Propane
Heating system Heat Pump (Heating)
Cooling system Central Air

Building Details

Year built 1983
Flooring type Concrete
Building materials Metal
Roof type Metal
Listing Agency: Lakeshore Realty, Inc.
Listed By: Jon Grigorian · License #131675
Added: Mar 12, 2025 Changed: Aug 1 Last Checked: Aug 19 at 8:06AM
MLS# 4232702

Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Industrial warehouse located in Iredell County, offering I-40 visibility just off the Old Mountain Rd exit. The metal building is zoned M1 and was formerly a motorcycle dealership, providing a versatile industrial layout for a range of uses.

The property includes two roll-up on-grade doors for access to the warehouse area, plus propane supplemental heaters installed in the ceiling. Interior finishes include concrete flooring, and the facility has a heat pump for heating and central air cooling. The site is fenced.

Built in 1983, the building is covered with a metal roof and includes electric water heating and multiple bathrooms. Utilities include propane.

Key Highlights

  • 1.5 acres zoned M1 in Iredell County
  • I‑40 visibility just off Old Mountain Rd exit
  • Two roll‑up on‑grade doors for warehouse access

Property Analytics

Current Use

Clutches Motorcycle & ATV ... Auto Repair Shop Melco Fire Caulking, ... General Contractor

Suggested Use

Top Pick Auto Parts Store Real Estate Agency Storage Facility Pharmacy Bakery Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Drive-in doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

77
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28677, NC

35,926
Population
16,096
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
85%
High-School Grad
83.0 sq mi
ZIP Area
433
Density / Sq Mi
$59,081
Median Household Income
$34,684
Median Earnings
$861
Median Rent
$207,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • 4D Storage 2094 Old Mountain Rd, Statesville, NC 28625

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse on 1.5 acres zoned M1 with two roll-up on-grade doors and propane-supplemental ceiling heaters.
Where is this warehouse located?
The property is located at 140 Water Tank Road Statesville, NC.
What is the asking price?
The asking price for this property is $775,000.
What are key features of this property?
This property features: 1.5 acres zoned M1 in Iredell County; I‑40 visibility just off Old Mountain Rd exit; Two roll‑up on‑grade doors for warehouse access
More about this property
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