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Mixed-Use Commercial Property

177 Duke Street, Forest City, NC 28043

For Sale
New
$3,500,000

A multi-building commercial site with a showroom, warehouse space, storage structures, and a tenant in place.

Property Size198,015 SF
Lot Size20.80 Acres
Price / SF$41.16
Days on Market4

Property Features for 177 Duke Street

General Information

Standard status Active
Size 198,015 SF
Total Parking Spaces 55
Lot size 20.80 Acres
Property subtype Industrial
Zoning C-3 Commercial

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes
Mixed-Use Components showroom, warehouse, storage

Warehouse & Industrial

Clear Height 14 ft
Drive-In Doors 9

Additional Details

Tenant in Place Yes

Amenities

Public Sewer
Additional parcels description:, Parcel Number: 1653438, Assessed Value: $1.6221e+06
Electric
Listing ID: CAR4433751, Standard Status: Active, MLS Status: Active, Property Subtype: Industrial, Special Conditions: Subject to Lease
55 total parking spaces
Built in 1980, 15 buildings
County/Parish: Rutherford
Water Source: City
Frontage Type: City Street, Road Responsibility: Publicly Maintained Road, Road Surface: Paved

Building Details

Building Size 198,015 SF
Year Built 1980
Buildings 15
Listing Agency: Barns & Farms Carolinas
Listed By: Shayne Hollifield
Source: Blackstreaminternational
Added: Nov 4 Changed: Nov 7 Last Checked: Nov 7 at 2:05PM

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 Barns & Farms Carolinas

Rey
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Investment Insights

Based on property information with market context.

At 177 Duke Street, this 20.80-acre C-3 Commercial property comprises 15 buildings totaling approximately 85,041 square feet. The mix includes a showroom, two warehouses, and additional storage structures. The main warehouse has a 14-foot clear height and nine drive-in doors. The site is level at street grade, with 55 parking spaces and public utilities. A tenant is in place.

The property has 2,258 feet of street frontage and is 2 miles from downtown Forest City. The US 74 Bypass is 4 miles away. The site is in Flood Zone X, outside the 500-year floodplain.

Key Highlights

  • 20.80 acres zoned C‑3 Commercial
  • 15 buildings totaling approximately 85,041 square feet
  • Showroom, two warehouses, and additional storage structures

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Showrooms

Suggested Use

Top Pick Real Estate Agency Hair Salon Pharmacy Kitchen & Bath Showroom Law Firm (Bike/Boat/Book/etc) 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

14 ft
Clear height
9
Drive-in doors
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby

Demographics for 28043, NC

20,183
Population
9,356
Households
2.2
Avg Household Size
43
Median Age
18%
College-Educated
84%
High-School Grad
66.3 sq mi
ZIP Area
304
Density / Sq Mi
$41,746
Median Household Income
$29,909
Median Earnings
$744
Median Rent
$176,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A multi-building commercial site with a showroom, warehouse space, storage structures, and a tenant in place.
Where is this mixed-use property located?
The property is located at 177 Duke Street Forest City, 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: 20.80 acres zoned C‑3 Commercial; 15 buildings totaling approximately 85,041 square feet; Showroom, two warehouses, and additional storage structures
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