Flex Space with Loading
For Sale
Contact for pricing
911 Railroad Avenue, Rutherfordton, NC 28139
A pre-engineered steel building combines office and display areas with warehouse space and an on-site paved parking lot.
Property Size19,852 SF
Days on Market10
Property Features for 911 Railroad Avenue
General Information
Standard status
Active
Size
19,852 SF
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Warehouse & Industrial
Clear Span
Yes
Three-Phase Power
Yes
Additional Details
Property Use
Office / Warehouse
Amenities
Corner Lot, Level, Open Lot, Paved
Metal
Additional parcels description:, Parcel Number: 1654007, Assessed Value: $215,100
Heat Pump
Listing ID: CAR4436423, Standard Status: Active, MLS Status: Active, Property Subtype: Commercial
20 open parking spaces, 20 total parking spaces, Parking Lot
Display Window(s), Insulated Window(s)
Built in 1985, 2 buildings
County/Parish: Rutherford
3 total bathrooms
Electricity Connected
Slab
Road Responsibility: Publicly Maintained Road, Road Surface: Paved
Patio/Porch Features: Balcony
Building Details
Building Size
19,852 SF
Year Built
1985
Buildings
1
Construction
pre-engineered steel
Listing Agency:
RE/MAX Journey
(828) 395-2222
Listed By:
Loyce Snider · License #162506
(828) 223-8946
Source:
Blackstreaminternational
Added: Oct 20
Changed: Oct 29
Last Checked: Oct 28 at 3:18PM
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 RE/MAX Journey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1985 pre-engineered steel flex building includes office space, display windows, and warehouse space described with a 16' clear span. Three roll-up doors measure 8', 12', and 14". The property also has three baths with showers, three-phase power available, level paved parking, and a gravel drive.
A separate area is described as potential living quarters, with three bedrooms, two baths, a complete kitchen, a large living area with fireplace, and an outside entrance. The property is on US 64 Hwy and Railroad Avenue in Rutherfordton, North Carolina, and is offered under a NNN lease.
A separate area is described as potential living quarters, with three bedrooms, two baths, a complete kitchen, a large living area with fireplace, and an outside entrance. The property is on US 64 Hwy and Railroad Avenue in Rutherfordton, North Carolina, and is offered under a NNN lease.
Key Highlights
- Pre‑engineered steel building, constructed in 1985
- Office area, display windows, and warehouse space with a 16' clear span
- Three roll‑up doors: 8', 12', and 14"
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,263
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,005,260
$2.0M
Cap Rate 7%
$1,432,329
$1.4M
Cap Rate 9%
$1,114,033
$1.1M
Market Conditions
NOI Build-Up for 19,852 SF
Gross rent
$154.8K $7.80/SF
− Vacancy
−$11.6K −$0.59/SF
EGI
$143.2K $7.22/SF
− OpEx
−$43.0K −$2.16/SF
NOI
$100.3K $5.05/SF
Area
Rutherford County, NC
Vacancy
7.50%
Lease Rate
$7.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,005,260
Cap Rate 7%
$1,432,329
Cap Rate 9%
$1,114,033
Alternative Uses
Best Use
Flex RnD
$2.28M
$1.99M – $2.66M
NOI $159,429 @ 7.0% cap · market cap 3,083.14%
Second Best
Warehouse
$1.94M
$1.70M – $2.26M
NOI $135,879 @ 7.0% cap · market cap 2,627.71%
Theoretical Best
Office A
$4.38M
$3.83M – $5.11M
NOI $306,451 @ 7.0% cap · market cap 5,926.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
109
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 28139, NC
18,665
Population
8,953
Households
2.1
Avg Household Size
48
Median Age
23%
College-Educated
87%
High-School Grad
181.9 sq mi
ZIP Area
103
Density / Sq Mi
$52,148
Median Household Income
$36,340
Median Earnings
$842
Median Rent
$195,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Flex space - A pre-engineered steel building combines office and display areas with warehouse space and an on-site paved parking lot.
Where is this flex space located?
The property is located at 911 Railroad Avenue Rutherfordton, NC.
What are key features of this property?
This property features: Pre‑engineered steel building, constructed in 1985; Office area, display windows, and warehouse space with a 16' clear span; Three roll‑up doors: 8', 12', and 14"
