Mixed-Use Property with
605 N Piedmont Avenue, Kings Mountain, NC 28086
For Sale
New
$1,200,000
Commercial Sale, Kings Mountain, NC
Property Size8,272 SF
Lot Size1.53 Acres
Price / SF$145.07
Days on Market2
Property Features for 605 N Piedmont Avenue
General Information
Property type
Property subtype
Zoning
Zoning description
Bathrooms
Full bathrooms
Rooms
Patio and Porch features
Fencing
Lot features
Directions
Standard status
APN
Lot size
Taxes and HOA fees
Tax Description
Legal Description
Utilities
Utilities
Sewer type
Heating system
Cooling system
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Additional Structures
Buildings
Listing Agency:
Phoenix Lifestyle Team
Listed By:
Penny Self
(828) 551-0265
Added: Nov 6
Last Checked: Nov 7 at 6:06PM
MLS# 4433007
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.
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Investment Insights
Based on property information with market context.
This mixed-use property includes a building and a separate garage/workshop on 1.53 acres. The site is zoned AU, identified in the listing as Auto-Urban-Commercial, and is being offered in its current condition without planned repairs. The building dates to 1925; listed features include wood flooring, a deck, a porch, and chain-link fencing.
The property is near the US 74 exit at NC 216, with access to I-85 approximately one mile away. Downtown Kings Mountain, Catawba Two Kings Casino, a hospital, and other medical facilities are also cited in the surrounding area.
The property is near the US 74 exit at NC 216, with access to I-85 approximately one mile away. Downtown Kings Mountain, Catawba Two Kings Casino, a hospital, and other medical facilities are also cited in the surrounding area.
Key Highlights
- 1.53‑acre site zoned AU (Auto‑Urban‑Commercial)
- Includes a building and garage/workshop
- Near the US 74 exit at NC 216; approximately 1 mile to I‑85
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,754
Cap Rate
6.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,675,080
$1.7M
Cap Rate 7%
$1,196,486
$1.2M
Cap Rate 9%
$930,600
$930.6K
Market Conditions
NOI Build-Up for 8,272 SF
Gross rent
$148.9K $18.00/SF
− Vacancy
−$14.9K −$1.80/SF
EGI
$134.0K $16.20/SF
− OpEx
−$50.3K −$6.07/SF
NOI
$83.8K $10.13/SF
Area
Cleveland County, NC
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,675,080
Cap Rate 7%
$1,196,486
Cap Rate 9%
$930,600
Alternative Uses
Best Use
Mixed Use
$1.20M
$1.05M – $1.40M
NOI $83,754 @ 7.0% cap · market cap 6.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.10M
$1.84M – $2.45M
NOI $147,050 @ 7.0% cap · market cap 12.25%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
339
Businesses Nearby
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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Frequently Asked Questions
What type of property is this?
Mixed-use property - A building and garage/workshop occupy an AU-zoned site with access to US 74.
Where is this mixed-use property located?
The property is located at 605 N Piedmont Avenue Kings Mountain, NC.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 1.53‑acre site zoned AU (Auto‑Urban‑Commercial); Includes a building and garage/workshop; Near the US 74 exit at NC 216; approximately 1 mile to I‑85
