Kings Mountain Commercial Property For
For Sale
$385,000
810 W King Street, Kings Mountain, NC 28086
SINGLE_FAMILY - Kings Mountain, NC
Property Size2,100 SF
Lot Size0.49 Acres
Price / SF$183.33
Days on Market324
Property Features for 810 W King Street
General Information
Property type
Residential
Property subtype
Office
Zoning
SC
Zoning description
Suburban Commercial
View
City
Standard status
Active
APN
8564
Size
2,100 SF
Lot size
0.49 Acres
Taxes and HOA fees
Tax Description
810 W KING ST OFFICE
Legal Description
810 W KING ST OFFICE
Utilities
Sewer type
Public Sewer
Building Details
Year built
1964
Roof type
Composition
Listing Agency:
Jolly Realty Group LLC
(704) 830-6737
Listed By:
Linda Newsome · License #188618
(704) 472-8325
Added: Sep 29, 2025
Changed: May 26
Last Checked: Aug 18 at 7:06PM
MLS# 4306080
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 commercial property is located on West King Street in Kings Mountain. Constructed in 1964, the building offers 1,750 square feet on the main level, with an additional 350 square feet of finished space upstairs. The flexible floor plan is adaptable to a range of uses. Previously designed for medical office operations, the main level features multiple rooms, a reception area, and workspace areas. The finished space upstairs includes plumbing connections, making it suitable for an additional office, staff breakroom, or storage. The site, which measures 0.49 acres, provides dual access points: a paved entrance from King Street leading to a private rear parking lot, and a secondary access route from Country Club Road. The property is located minutes from downtown Kings Mountain and major thoroughfares. The property is zoned SC. It is suitable for medical, professional, or service-oriented businesses seeking a professional setting with high exposure and on-site parking.
Key Highlights
- Prime commercial location on West King Street with excellent road frontage and high traffic counts.
- Dual access points from King Street and Country Club Road, providing easy ingress/egress.
- Adaptable floor plan suitable for medical, professional, or service‑oriented businesses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,776
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,520
$575.5K
Cap Rate 7%
$411,086
$411.1K
Cap Rate 9%
$319,733
$319.7K
Market Conditions
NOI Build-Up for 2,100 SF
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.
Gross rent
$46.6K $22.20/SF
− Vacancy
−$8.3K −$3.93/SF
EGI
$38.4K $18.27/SF
− OpEx
−$9.6K −$4.57/SF
NOI
$28.8K $13.70/SF
Area
Cleveland County, NC
Vacancy
17.70%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$575,520
Cap Rate 7%
$411,086
Cap Rate 9%
$319,733
Alternative Uses
Best Use
Office B
$411.1K
$359.7K – $479.6K
NOI $28,776 @ 7.0% cap · market cap 7.47%
Second Best
Healthcare Medical
$365.6K
$319.9K – $426.6K
NOI $25,594 @ 7.0% cap · market cap 6.65%
Theoretical Best
Office A
$533.3K
$466.6K – $622.2K
NOI $37,331 @ 7.0% cap · market cap 9.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Under-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
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Cleveland Animal Hospital, PLLC — 103 S Watterson St, Kings Mountain, NC 28086
Frequently Asked Questions
What type of property is this?
Medical Office Space - Highly visible commercial property suitable for medical, professional, or service-oriented businesses.
Where is this medical office space located?
The property is located at 810 W King Street Kings Mountain, NC.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Prime commercial location on West King Street with excellent road frontage and high traffic counts.; Dual access points from King Street and Country Club Road, providing easy ingress/egress.; Adaptable floor plan suitable for medical, professional, or service‑oriented businesses.
