Commercial Property with
For Sale
Contact for pricing
4239 Kings Mountain Hwy, Bessemer City, NC 28086
Commercial property featuring warehouses, storage, and rental house.
Property Size7,964 SF
Price / SF$188.35
Days on Market1128
Property Features for 4239 Kings Mountain Hwy
General Information
Standard status
Active
Size
7,964 SF
Property subtype
Industrial, Special Purpose
Zoning
Industrial
Building Details
Buildings
3
Listing Agency:
NAI Southern Real Estate
Listed By:
Jay Vaughn, CCIM · License #NC 148626
(704) 488-1400
Source:
Crexi
Added: Sep 14, 2023
Changed: Oct 10
Last Checked: Oct 14 at 11:05PM
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 NAI Southern Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes a small rental house, several metal warehouses, and a fenced improved storage lot with a large gravel parking lot. It is currently used as a paint and body shop along with a towing service. The buildings range in size from 1,440 square feet to 5,030 square feet, with a total of 7,964 square feet.
Key Highlights
- Multiple metal warehouses totaling 7,964 sf
- Fenced and improved storage lot with large gravel parking lot
- Includes a small rental house
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,771
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,420
$2.0M
Cap Rate 7%
$1,396,729
$1.4M
Cap Rate 9%
$1,086,344
$1.1M
Market Conditions
NOI Build-Up for 7,964 SF
Gross rent
$151.0K $18.96/SF
− Vacancy
−$11.3K −$1.42/SF
EGI
$139.7K $17.54/SF
− OpEx
−$41.9K −$5.26/SF
NOI
$97.8K $12.28/SF
Area
Gaston County, NC
Vacancy
7.50%
Lease Rate
$18.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,955,420
Cap Rate 7%
$1,396,729
Cap Rate 9%
$1,086,344
Alternative Uses
Best Use
Retail
$1.40M
$1.22M – $1.63M
NOI $97,771 @ 7.0% cap · market cap 6.52%
Second Best
Warehouse
$826.8K
$723.5K – $964.6K
NOI $57,878 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$2.51M
$2.19M – $2.92M
NOI $175,463 @ 7.0% cap · market cap 11.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
51
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 28086, NC
27,641
Population
11,307
Households
2.4
Avg Household Size
42
Median Age
18%
College-Educated
83%
High-School Grad
90.5 sq mi
ZIP Area
305
Density / Sq Mi
$56,079
Median Household Income
$37,758
Median Earnings
$879
Median Rent
$181,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- Fleet Paint & Body — 4239 kings mountain hwy, bessemer city, nc 28016
- Fleet Paint Body & Tow — 4239 Kings Mountain Hwy, Bessemer City, NC 28016
- Mr. Semi Truck & Tire Repair — 4100 Kings Mountain Hwy, Bessemer City, NC 28016
- Take 5 Franchise — 3901 W Franklin Blvd, Bessemer City, NC 28016
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial property featuring warehouses, storage, and rental house.
Where is this auto shop located?
The property is located at 4239 Kings Mountain Hwy Bessemer City, NC.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Multiple metal warehouses totaling 7,964 sf; Fenced and improved storage lot with large gravel parking lot; Includes a small rental house
