Centrally Located Flex
907 Bethlehem Rd Kings Mountain, NC 28086
For Sale
Contact for pricing
5,358 sq ft flex building with living/office and shop/storage.
Property Size3,690 SF
Lot Size0.80 Acres
Price / SF$176.15
Days on Market626
Property Features for 907 Bethlehem Rd
General Information
- Standard status
- Active
- Size
- 3,690 SF
- Lot size
- 0.80 Acres
- Property subtype
- Retail, Self Storage
Building Details
- Year Built
- 1965
Listing Agency:
Point 135 Real Estate
(704) 718-6934
Listed By:
Russ Putnam · License #NC 304874
Source:
Crexi
Added: Nov 6, 2024
Changed: Jul 6
Last Checked: Jul 24 at 11:25AM
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 Point 135 Real Estate
Investment Insights
Based on property information with market context.
This is a unique opportunity to purchase a centrally located 5,358 sq ft flex building. The building includes 1,668 sq ft of living or office space and 3,690 sq ft of shop or storage space. The shop area features three roll-up doors, each 12' wide by 10' high. Additionally, there is a +/- 950 sq ft partial basement with a 9'x7' door. The finished living space has been recently renovated and includes a large living area, a full kitchen, two bedrooms, and two full bathrooms. The property, formerly the Bethlehem Volunteer Fire Department, is approximately 3 miles from access to NC Hwy 74, I-85, and Two Kings Casino. Situated in the Kings Mountain ETJ, the parcel includes 0.8 deeded acres of land. The structure currently uses a well for water, but county water is available at Bethlehem Road. It utilizes a septic system for sewer. The current zoning is SR (Suburban Residential).
Key Highlights
- Large 5,358 sq ft flex building with living/office space (1,668 sq ft) and shop/storage space (3,690 sq ft).
- Shop area features three 12'x10' roll‑up doors, ideal for various business or hobby uses.
- Recently renovated living space includes a large living area, full kitchen, two bedrooms, and two full bathrooms.
Financial Insights For Office B
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 | $81.9k | $22.20 |
| − Vacancy | −$14.5k | −$3.93 |
| EGI | $67.4k | $18.27 |
| − OpEx | −$16.9k | −$4.57 |
| NOI | $50.6k | $13.70 |
3,690 SF · lease $22.20/SF/yr · vacancy 17.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$722.3K
$632.1K – $842.7K
NOI $50,564 @ 7.0% cap · market cap 7.78%
Second Best
Retail
$631.7K
$552.7K – $736.9K
NOI $44,216 @ 7.0% cap · market cap 6.80%
Theoretical Best
Office A
$937.1K
$820.0K – $1.09M
NOI $65,596 @ 7.0% cap · market cap 10.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Flex space
FAQs
What type of property is this?
Flex space - 5,358 sq ft flex building with living/office and shop/storage.
Where is this flex space located?
The property is located at 907 Bethlehem Rd Kings Mountain, NC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Large 5,358 sq ft flex building with **living/office space (1,668 sq ft) and shop/storage space (3,690 sq ft).**; Shop area features **three 12'x10' roll‑up doors**, ideal for various business or hobby uses.; **Recently renovated living space** includes a large living area, full kitchen, two bedrooms, and two full bathrooms.
