Centrally Located Flex
For Sale
$595,000
907 Bethlehem Road, Kings Mountain, NC 28086
5,358 sq ft flex building with living/office and shop/storage.
Property Size5,358 SF
Lot Size0.80 Acres
Price / SF$111.05
Days on Market216
Property Features for 907 Bethlehem Road
General Information
Standard status
Active
Size
5,358 SF
Lot size
0.80 Acres
Property subtype
Commercial
Listing Agency:
POINT 135 REAL ESTATE
Listed By:
Chip McGill · License #324218
(704) 718-6934
Source:
Point135
Added: Mar 26
Changed: Oct 25
Last Checked: Oct 26 at 12:49PM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$54,250
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,085,000
$1.1M
Cap Rate 7%
$775,000
$775.0K
Cap Rate 9%
$602,778
$602.8K
Market Conditions
NOI Build-Up for 5,358 SF
Gross rent
$96.4K $18.00/SF
− Vacancy
−$9.6K −$1.80/SF
EGI
$86.8K $16.20/SF
− OpEx
−$32.5K −$6.07/SF
NOI
$54.2K $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%
$1,085,000
Cap Rate 7%
$775,000
Cap Rate 9%
$602,778
Alternative Uses
Best Use
Office B
$1.05M
$917.8K – $1.22M
NOI $73,420 @ 7.0% cap · market cap 12.34%
Second Best
Retail
$917.2K
$802.5K – $1.07M
NOI $64,203 @ 7.0% cap · market cap 10.79%
Theoretical Best
Office A
$1.36M
$1.19M – $1.59M
NOI $95,248 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
19
Businesses Nearby
Balanced
Demand for This Use
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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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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
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 Road Kings Mountain, NC.
What is the asking price?
The asking price for this property is $595,000.
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.
