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Flex Space Building Bundle
For Sale
$1,090,000

4235 Seven Lakes Plz, West End, NC 27376

Two commercial buildings offer separate office or storage areas, loading access, and a connected gated lot for parking and circulation.

Property Size7,400 SF
Price / SF$147.30
Days on Market474

Property Features for 4235 Seven Lakes Plz

General Information

Standard status Active
Size 7,400 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes
Fenced Yard Yes

Additional Details

Dock-High Doors 1

Building Details

Buildings 2
Listing Agency: TRIAD OMNI PROPERTIES/LAKE JEANETTE REALTY
Listed By: Greg Cranford
Source: Searchhomesinthetriad
Added: Jul 1, 2025 Changed: Oct 1 Last Checked: Oct 16 at 9:17AM

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 TRIAD OMNI PROPERTIES/LAKE JEANETTE REALTY

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Investment Insights

Based on property information with market context.

This flex space offering combines two commercial buildings with an adjacent lot. The brick building at 4235 Seven Lakes Plaza contains 2,400 square feet plus a 400-square-foot covered porch supported by brick columns. A second 5,000-square-foot Mesco Metal commercial building at 195 N. Trade Street includes a large dock door for loading and unloading. Each building provides dedicated office or storage space apart from its primary area.

The properties front NC Hwy 211, while the Trade Street building provides secondary access from N. Trade Street. The 7,400-square-foot adjacent lot is gated, connects the sites, and supports parking and drive-through movement. The highway is identified for upcoming widening to four lanes.

Key Highlights

  • Two‑building flex space offering at 4235 Seven Lakes Plaza and 195 N. Trade Street
  • 2,400‑square‑foot brick building with an additional 400‑square‑foot covered porch
  • 5,000‑square‑foot Mesco Metal commercial building with a large dock door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$75,569
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,511,380 $1.5M
Cap Rate 7%
$1,079,557 $1.1M
Cap Rate 9%
$839,656 $839.7K
Market Conditions
NOI Build-Up for 7,400 SF
Gross rent
$126.1K $17.04/SF
− Vacancy
−$9.8K −$1.33/SF
EGI
$116.3K $15.71/SF
− OpEx
−$40.7K −$5.50/SF
NOI
$75.6K $10.21/SF
Area
Moore County, NC
Vacancy
7.80%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,511,380
Cap Rate 7%
$1,079,557
Cap Rate 9%
$839,656

Alternative Uses

Best Use
Flex RnD
$1.08M
$944.6K – $1.26M (±1% cap)
NOI $75,569 @ 7.0% cap · market cap 6.93%
Second Best
Warehouse
$771.5K
$675.1K – $900.1K (±1% cap)
NOI $54,006 @ 7.0% cap · market cap 4.95%
Theoretical Best
Specialty Retail
$1.41M
$1.23M – $1.65M (±1% cap)
NOI $98,704 @ 7.0% cap · market cap 9.06%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office

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

1
Dock-high doors
Yes
Fenced yard
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

3
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27376, NC

9,317
Population
4,598
Households
2
Avg Household Size
48
Median Age
33%
College-Educated
96%
High-School Grad
68.6 sq mi
ZIP Area
136
Density / Sq Mi
$74,891
Median Household Income
$37,147
Median Earnings
$984
Median Rent
$314,700
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

Frequently Asked Questions

What type of property is this?
Flex space - Two commercial buildings offer separate office or storage areas, loading access, and a connected gated lot for parking and circulation.
Where is this flex space located?
The property is located at 4235 Seven Lakes Plz West End, NC.
What is the asking price?
The asking price for this property is $1,090,000.
What are key features of this property?
This property features: Two‑building flex space offering at 4235 Seven Lakes Plaza and 195 N. Trade Street; 2,400‑square‑foot brick building with an additional 400‑square‑foot covered porch; 5,000‑square‑foot Mesco Metal commercial building with a large dock door
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