Expandable Industrial
For Sale
Contact for pricing
212 Quality Dr, Mocksville, NC 27028
Shell built in 2018 and completed in 2022 with ESFR sprinklers, dock high doors, and air-conditioned production space.
Property Size108,960 SF
Price / SF$99.99
Days on Market323
Property Features for 212 Quality Dr
General Information
Standard status
Active
Size
108,960 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
36 ft
Dock-High Doors
6
Drive-In Doors
1
Sprinkler System
Yes
Building Details
Year Built
2022
Listing Agency:
Binswanger - Corporate
(215) 448-6000
Listed By:
Douglas M. Faris
Source:
Moodyscre
Added: Sep 12, 2025
Changed: Jul 25
Last Checked: Jul 30 at 2:17PM
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 Binswanger - Corporate
Investment Insights
Based on property information with market context.
This expandable industrial warehouse was shell constructed in 2018 and completed in 2022. The facility offers 32'–36' clear ceiling height and 60' x 60' column spacing, with 100% ESFR sprinkler coverage. Dock high loading includes six 9' x 10' doors, plus one 12' x 14' drive-in door. The property includes approximately 5,450 SF of front office space, along with an additional shipping office and QC lab. Approximately 24,500 SF of the production area is air-conditioned, supporting temperature-controlled operations within the building.
The building is expandable to approximately 160,000 SF, offering flexibility for future growth while maintaining the current high-clear height and sprinklered configuration.
The building is expandable to approximately 160,000 SF, offering flexibility for future growth while maintaining the current high-clear height and sprinklered configuration.
Key Highlights
- Shell constructed in 2018 and completed in 2022
- 100% ESFR sprinkler coverage with six 9' x 10' dock high doors and one 12' x 14' drive‑in door
- Up to 32'–36' clear ceiling height with 60' x 60' column spacing
Financial Insights For Warehouse
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 | $980.6k | $9.00 |
| − Vacancy | −$77.5k | −$0.71 |
| EGI | $903.2k | $8.29 |
| − OpEx | −$135.5k | −$1.24 |
| NOI | $767.7k | $7.05 |
108,960 SF · lease $9.00/SF/yr · vacancy 7.90% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$10.97M
$9.60M – $12.79M
NOI $767,694 @ 7.0% cap · market cap 7.05%
Second Best
Industrial
$9.03M
$7.90M – $10.54M
NOI $632,219 @ 7.0% cap · market cap 5.80%
Theoretical Best
Multifamily LT 5
$1,296.19M
$1,134.17M – $1,512.22M
NOI $90,733,360 @ 7.0% cap · market cap 832.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
36 ft
Clear height
6
Dock-high doors
1
Drive-in doors
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
52
Businesses Nearby
Explore this area
Business Placement
Demographics for 27028, NC
26,479
Population
11,096
Households
2.4
Avg Household Size
43
Median Age
20%
College-Educated
88%
High-School Grad
192.8 sq mi
ZIP Area
137
Density / Sq Mi
$66,166
Median Household Income
$39,858
Median Earnings
$837
Median Rent
$198,400
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Manufacturing property - Shell built in 2018 and completed in 2022 with ESFR sprinklers, dock high doors, and air-conditioned production space.
Where is this manufacturing property located?
The property is located at 212 Quality Dr Mocksville, NC.
What is the asking price?
The asking price for this property is $10,895,000.
What are key features of this property?
This property features: Shell constructed in 2018 and completed in 2022; 100% ESFR sprinkler coverage with six 9' x 10' dock high doors and one 12' x 14' drive‑in door; Up to 32'–36' clear ceiling height with 60' x 60' column spacing
