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    Industrial Opportunity on Mount Holly Title is generated by Realmo AI

    10908 Mount Holly Road, Charlotte, NC 28214

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    For Sale
    $3,500,000

    Versatile industrial space with expansion potential in Charlotte, North Carolina.

    Type:Industrial
    Property size:
    20,700 SF
    Lot size:
    2.40 Acres
    Price / SF:
    $169/SF
    Added:
    Jan 28, 2024
    Days on Market:
    858
    Last Refresh:
    May 12 at 9:27 pm

    Property Features for 10908 Mount Holly Road

    General Information

    Standard status
    Active
    Size
    20,700 SF
    Lot size
    2.40 Acres
    Property subtype
    Industrial

    Building Details

    Year Built
    1964

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    Listing Contact
    Keller Williams Select

    Listing agent Keller Williams Select

    Listing office

    Listing date Jan 28, 2024

    Source Xome

    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 Keller Williams Select

    HighLights

    • 31,000 sq ft of versatile industrial space on I1/I2 zoned lot.
    • 326 feet of road frontage on Mount Holly Rd.
    • Includes gated and fenced property with ample parking.
    • Features office with bathroom, variable ceiling heights, bays, and loading docks.
    • Ideal for manufacturing, warehousing, or investment with expansion potential.
    • Industrial electric power.

    Overview

    The industrial property at 10908 Mount Holly Rd, Charlotte, North Carolina, presents an opportunity with 326 feet of road frontage. The gated and fenced property includes ample parking, an office with a bathroom, variable ceiling heights, bays, and loading docks, plus industrial electric power. The property features 31,000 sq ft of versatile space on an I1 and I2 Industrial lot. The level lot is suitable for expansion. It is ideal for manufacturing, warehousing, or as an investment in a key Charlotte industrial zone. The listing is for 10908 Mount Holly Rd.

    Local Financial Insights For Warehouse

    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 $322.9k $15.60
    − Vacancy −$21.0k −$1.01
    EGI $301.9k $14.59
    − OpEx −$45.3k −$2.19
    NOI $256.6k $12.40
    20,700 SF · lease $15.60/SF/yr · vacancy 6.50% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.67M
    $3.21M – $4.28M (±1% cap)
    NOI $256,641 @ 7.0% cap · market cap 7.33%
    Second Best
    Industrial
    $3.02M
    $2.64M – $3.52M (±1% cap)
    NOI $211,351 @ 7.0% cap · market cap 6.04%
    Theoretical Best
    Office A
    $6.89M
    $6.03M – $8.04M (±1% cap)
    NOI $482,520 @ 7.0% cap · market cap 13.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Restaurant Real Estate Agency Building Supply Spa & Massage Center Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Gym & Fitness Center Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Charlotte
    County
    Mecklenburg
    State
    North Carolina
    Longitude
    -80.9673
    Latitude
    35.2755

    FAQs

    What type of property is this?
    Manufacturing property - Versatile industrial space with expansion potential in Charlotte, North Carolina.
    Where is this manufacturing property located?
    The property is located at 10908 Mount Holly Road Charlotte, NC.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: 31,000 sq ft of versatile industrial space on I1/I2 zoned lot.; 326 feet of road frontage on Mount Holly Rd.; Includes gated and fenced property with ample parking.
    More about this property
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