Industrial Warehouse with Drive-In
For Sale
Contact for pricing
235 Commerce Street, Brevard, NC 28712
Single-story warehouse with three-phase power, natural gas service, outdoor laydown space, and surface parking.
Property Size17,707 SF
Lot Size2.76 Acres
Price / SF$140.90
Days on Market8
Property Features for 235 Commerce Street
General Information
Standard status
Active
Size
17,707 SF
Lot size
2.76 Acres
Property subtype
Industrial
Zoning
General Industrial
Warehouse & Industrial
Clear Height
18 ft
Drive-In Doors
4
Three-Phase Power
Yes
Additional Details
Outdoor Storage
Yes
Building Details
Year Built
1996
Stories
1
Listing Agency:
Dewey Property Advisors
(828) 424-1141
Listed By:
Tim Bramley · License #NC 271946
Source:
Crexi
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 4 at 4:59AM
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 Dewey Property Advisors
Investment Insights
Based on property information with market context.
Built in 1996, this single-story industrial warehouse contains 17,707 square feet on approximately 2.76 acres. The facility offers 18-foot warehouse ceiling heights, four drive-in doors, three-phase power, natural gas service, surface parking, and outdoor laydown space. General Industrial zoning supports the property's industrial positioning.
The property is located at 235 Commerce Street in Brevard, North Carolina. Its combination of warehouse area, site acreage, drive-in access, and exterior storage space provides a practical configuration for industrial and warehouse operations. The site also includes room for future building or parking expansion, as stated in the property information.
The property is located at 235 Commerce Street in Brevard, North Carolina. Its combination of warehouse area, site acreage, drive-in access, and exterior storage space provides a practical configuration for industrial and warehouse operations. The site also includes room for future building or parking expansion, as stated in the property information.
Key Highlights
- 17,707‑square‑foot industrial warehouse on approximately 2.76 acres
- 18‑foot warehouse ceiling heights
- Four drive‑in doors
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 | $159.4k | $9.00 |
| − Vacancy | −$9.9k | −$0.56 |
| EGI | $149.5k | $8.44 |
| − OpEx | −$22.4k | −$1.27 |
| NOI | $127.1k | $7.18 |
17,707 SF · lease $9.00/SF/yr · vacancy 6.20% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.82M
$1.59M – $2.12M
NOI $127,060 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.21M
$4.56M – $6.08M
NOI $365,048 @ 7.0% cap · market cap 14.63%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
18 ft
Clear height
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28712, NC
18,928
Population
10,714
Households
1.8
Avg Household Size
52
Median Age
40%
College-Educated
94%
High-School Grad
116.2 sq mi
ZIP Area
163
Density / Sq Mi
$61,560
Median Household Income
$34,583
Median Earnings
$939
Median Rent
$372,900
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Questions? Ask Rey
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Similar Off Market Nearby
- AllMoves — 174 Whitmire St, Brevard, NC 28712
- Transylvania Shares — 281 Whitmire St, Brevard, NC 28712
Frequently Asked Questions
What type of property is this?
Warehouse - Single-story warehouse with three-phase power, natural gas service, outdoor laydown space, and surface parking.
Where is this warehouse located?
The property is located at 235 Commerce Street Brevard, NC.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 17,707‑square‑foot industrial warehouse on approximately 2.76 acres; 18‑foot warehouse ceiling heights; Four drive‑in doors
