Industrial Flex
508 Canterbury Road Kings Mountain, NC 28086
508 Canterbury Road, Kings Mountain, NC, 28086
$1,065,000
For Sale
$1,065,000
Versatile industrial building with a loading dock, offering space for warehouse, office, light manufacturing, or storage.
Property Size7,889 SF
Price / SF$134
Days on Market357
Property Features for 508 Canterbury Road
General Information
- Standard status
- Active
- Size
- 7,889 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1997
Listing agency
(704) 840-8633
Listed by
Premier South
(704) 840-8633
Source
Xome
Added: Aug 1, 2025 Updated: Jul 22 at 10:53AM Checked: Jul 23 at 3:34AM
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 versatile industrial flex building includes functional space that can support a range of uses, including warehouse operations, office space, light manufacturing, and storage. The property is set up with a loading dock to accommodate everyday loading needs.
The building is located at 508 Canterbury Road in Kings Mountain, NC, with convenient access to I-85 and HWY 74 Business.
As a flexible industrial asset, the layout is intended to serve both operations and administrative needs within the same facility.
The building is located at 508 Canterbury Road in Kings Mountain, NC, with convenient access to I-85 and HWY 74 Business.
As a flexible industrial asset, the layout is intended to serve both operations and administrative needs within the same facility.
Key Highlights
- Versatile industrial building with space for warehouse, office, light manufacturing, or storage
- Loading dock included
- Guest facilities: 3
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
Office B
$1.54M
$1.35M – $1.80M
NOI $108,103 @ 7.0% cap · market cap 10.15%
Second Best
Flex RnD
$1.02M
$894.2K – $1.19M
NOI $71,534 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$2.00M
$1.75M – $2.34M
NOI $140,241 @ 7.0% cap · market cap 13.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
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 - Versatile industrial building with a loading dock, offering space for warehouse, office, light 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 $1,065,000.
What are key features of this property?
This property features: Versatile industrial building with space for warehouse, office, light manufacturing, or storage; Loading dock included; Guest facilities: 3
