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    Property profile & analytics

    103 Stony Point Rd Kings Mountain, NC 28086

    • Commercial real estate
    • 1.73 lot acres
    For Sale
    View listing
    $895,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US53-0516664
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 103 Stony Point Rd

    Lot size
    1.73 lot acres
    Property type
    Commercial real estate

    Description

    This exceptional 1.73-acre commercial land parcel presents a unique investment opportunity in Kings Mountain, North Carolina. Located at 103 Stony Point Road, this property boasts a highly desirable corner location at the intersection of Highway 74 Business and Highway 74 Bypass, offering unparalleled visibility and accessibility. The R-zoned lot provides flexibility for a variety of commercial developments. Its strategic position benefits from significant daily traffic volume. According to the North Carolina Department of Transportation (NCDOT), the Highway 74 Bypass sees an average daily traffic count of 33,000 vehicles, while Highway 74 Business near Ingles grocery store registers 9,600 vehicles daily. This high traffic volume translates to exceptional exposure for any commercial venture. The property's proximity to key amenities further enhances its appeal. It's conveniently located just 0.5 miles from an Ingles grocery store, 4.6 miles from the Two Kings Casino, 3.4 miles from Atrium Health Kings Mountain Hospital, and 4.7 miles from downtown Kings Mountain. This prime location offers a compelling combination of high visibility, convenient access, and proximity to a diverse range of services and attractions, making it an ideal site for a variety of commercial developments. The asking price for this exceptional property is $895,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Kings Mountain
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.410297
    Latitude
    35.248281

    Comparable in this City

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    • $325,000

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      Approximately 10 acres of cleared land suitable for development.
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      Large 12.57 acre lot bordering Crowders Mountain State Park.
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    • $70,000
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      Land in Kings Mountain, NC

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    • $80,000
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      Land in Kings Mountain, NC

      4+/- acre land tract with mature trees near Kings Mountain.
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    Similar Nearby for Sale

    • $4,900,000
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      Kings Mountain Estate Land - 46 Acres

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      1967 Bethlehem Rd, Kings Mountain, NC 28086
      View Details
    • $1,000,500
      18.55 Acres

      Kings Mountain Commercial Land

      18.55 Acres, High Visibility, Hwy 74 Frontage
      5139 Dixon Blvd, Kings Mountain, NC 28086
      View Details
    • $325,000

      Cleared Land Near Casino

      Approximately 10 acres of cleared land suitable for development.
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      View Details
    • $160,000
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      Kings Mountain Acreage for Sale

      8+/- acre parcel ideal for custom home or recreation.
      lot K 8/-Ac Eaker Rd, Kings Mountain, NC 28086
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    • $299,500
      12.57 Acres

      Kings Mountain Acreage with Creek

      Large 12.57 acre lot bordering Crowders Mountain State Park.
      Canterbury Rd, Kings Mountain, NC 28086
      View Details
    • $70,000
      4.00 Acres

      Land in Kings Mountain, NC

      4+/- acre tract perfect for custom residence or recreation.
      2 Eaker Rd, Kings Mountain, NC 28086
      View Details

    Similar Nearby for Lease

    • Contact for pricing
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    • $7 SF/Yr
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      Hawthorne Road Industrial Warehouse

      18,000 SF Warehouse, Kings Mountain, NC
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    • Contact for pricing

      Retail Outparcels Near Two Kings Casino

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      Retail Property with Drive-Thru

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      Versatile Building in Kings Mountain

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    103 Stony Point Rd
    Kings Mountain, NC 28086
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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