Versatile Industrial Property For
508 Canterbury Road Kings Mountain, NC 28086
508 Canterbury Road, Kings Mountain, NC, 28086
$1,000,000
For Sale
$1,000,000
Industrial property ideal for warehouse, office, manufacturing, or storage.
Property Size7,889 SF
Price / SF$126.76
Days on Market312
Property Features for 508 Canterbury Road
General Information
- Standard status
- Active
- Size
- 7,889 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1997
Listing Agency
PREMIER SOUTH
(704) 610-3885
Listed by
ASHLEY WATFORD
Source
Corcoran
Added: Sep 12, 2025 Updated: Jul 10 at 3:47 pm Checked: Jul 20 at 3:47 am
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 PREMIER SOUTH
Investment Insights
Based on property information with market context.
This industrial property offers a versatile space suitable for warehouse, office, light manufacturing, or storage purposes. The building features a loading dock and functional layout. It is strategically located minutes from I-85 and HWY 74 Business, providing strong transportation access. The property size is 7889 square feet.
Key Highlights
- Strategic location minutes from I‑85 and HWY 74 Business
- Versatile industrial property suitable for warehouse, office, light manufacturing, or storage
- Features a loading dock
Local Financial Insights For Flex RnD
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 | $118.3k | $15.00 |
| − Vacancy | −$8.3k | −$1.05 |
| EGI | $110.1k | $13.95 |
| − OpEx | −$38.5k | −$4.88 |
| NOI | $71.5k | $9.07 |
7,889 SF · lease $15.00/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.02M
$894.2K – $1.19M
NOI $71,534 @ 7.0% cap · market cap 7.15%
Second Best
Warehouse
$830.3K
$726.5K – $968.6K
NOI $58,118 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,241 @ 7.0% cap · market cap 14.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Foothills Historic Conservation, ...
Construction Company
StoneWright Realty, Inc.
Real Estate Agency
Metrolina Kidney Center
Medical Clinic
BMA Kings Mountain
Medical Clinic
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Industrial property ideal for warehouse, office, manufacturing, or storage.
Where is this flex space located?
The property is located at 508 Canterbury Road Kings Mountain, NC.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: Strategic location minutes from I‑85 and HWY 74 Business; Versatile industrial property suitable for warehouse, office, light manufacturing, or storage; Features a loading dock
