Highway-Front Industrial Development
4809 US 74 Highway Wingate, NC 28174
4809 US 74 Highway, Wingate, NC, 28174
$2,250,000
For Sale
$2,250,000
COMMERCIAL - Wingate, NC
Property Size14,000 SF
Lot Size18.60 Acres
Price / SF$160.71
Days on Market47
Property Features for 4809 US 74 Highway
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- AI1
- Parking features
- Driveway
- Patio and Porch features
- Porch
- Standard status
- Active
- APN
- 02-242-013
- Lot size
- 18.60 Acres
Taxes and HOA fees
- Tax Description
- MONROE GROUP HWY 74
Building Details
- Year built
- 1968
- Floors in Building
- 1
- Flooring type
- Concrete
- Building materials
- Metal
- Roof type
- Metal
Listing Agency
Votta Realty
(704) 909-9630
3512 Providence Road South Ste C, Waxhaw, NC
Listed by
Debra Votta · License #292387
(704) 909-9630
Added: Jun 2 Checked: Jul 18 at 4:06 am
MLS# 4388468
Copyright © 2026 Canopy MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This sale offers a highly visible commercial and industrial property in Wingate totaling approximately 18.63+/- acres. The site includes a 14,000+/- square foot building and an estimated 1,600 feet of frontage along Highway 74. A CSX Railway runs at the back of the property, adding operational proximity for industrial users. The property is served by septic, with sewer reportedly available across Highway 74 through Union County. Natural gas is available through the City of Monroe, and water is provided by Marshville. Zoning is AI1 (Highway Corridor) with light industrial uses permitted, supporting a range of development approaches consistent with the corridor designation.
Access and positioning matter here: the parcel’s extensive frontage along Highway 74 provides strong day-to-day visibility for commercial and industrial activity. The existing infrastructure services and utilities availability further support development planning. An existing crop lease currently offsets ownership expenses, operating on a month-to-month basis, and crops retain a one-year harvest right following closing.
For buyers and operators, the combination of highway frontage, light industrial zoning, and the substantial building footprint make this property well-suited for industrial and related commercial uses, or for an owner seeking to plan future expansion on a large tract. The adjacent parcel includes a custom brick residence of 5,292+/- square feet on 21.47+/- acres, and together the two tracts create an approximately 40+/- acre assemblage with mixed-use development potential.
Access and positioning matter here: the parcel’s extensive frontage along Highway 74 provides strong day-to-day visibility for commercial and industrial activity. The existing infrastructure services and utilities availability further support development planning. An existing crop lease currently offsets ownership expenses, operating on a month-to-month basis, and crops retain a one-year harvest right following closing.
For buyers and operators, the combination of highway frontage, light industrial zoning, and the substantial building footprint make this property well-suited for industrial and related commercial uses, or for an owner seeking to plan future expansion on a large tract. The adjacent parcel includes a custom brick residence of 5,292+/- square feet on 21.47+/- acres, and together the two tracts create an approximately 40+/- acre assemblage with mixed-use development potential.
Key Highlights
- 18.63+/- acre commercial/industrial property with 14,000+/- SF building
- Approximately 1,600 ft of frontage along Highway 74
- CSX Railway runs along the back of the property
Local 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 | $126.0k | $9.00 |
| − Vacancy | −$6.3k | −$0.45 |
| EGI | $119.7k | $8.55 |
| − OpEx | −$18.0k | −$1.28 |
| NOI | $101.7k | $7.27 |
14,000 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.45M
$1.27M – $1.70M
NOI $101,745 @ 7.0% cap · market cap 4.52%
Second Best
Industrial
$1.32M
$1.15M – $1.54M
NOI $92,240 @ 7.0% cap · market cap 4.10%
Theoretical Best
Office A
$4.32M
$3.78M – $5.05M
NOI $302,702 @ 7.0% cap · market cap 13.45%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Secure Storage — 111 Old Hwy 74, Wingate, NC 28174
FAQs
What type of property is this?
Warehouse - Industrial property with a 14,000+ sf warehouse and long Highway 74 frontage, positioned for light industrial use and growth.
Where is this warehouse located?
The property is located at 4809 US 74 Highway Wingate, NC.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 18.63+/- acre commercial/industrial property with 14,000+/- SF building; Approximately 1,600 ft of frontage along Highway 74; CSX Railway runs along the back of the property
