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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

320 Oak St Spindale, NC 298160

15,000 SF
Property ID
Property summary
AI-generated overview

This exceptional 15,000 square foot industrial property, located at 320 S Oak St, Spindale, NC 28160, presents a unique investment opportunity. Priced at $1,200,000, this mixed-use building sits on a sizable 3.5+ acre lot boasting a highly visible corner location on a bypass with a signalized traffic light, ensuring excellent exposure. The property's versatility is a key advantage; its adaptable design is suitable for a wide range of uses including retail, service businesses, churches, event centers, and more. The building itself is fully climate-controlled, featuring both heating and air conditioning throughout. The interior layout includes multiple offices, restrooms, and a substantial amount of open space, providing flexibility for various business needs and configurations. This property offers a compelling combination of size, location, and adaptability, making it an attractive prospect for discerning investors seeking a high-impact commercial investment in a thriving North Carolina community. The property is classified as both distribution and flex space.

Property profile
Verified
Property type Retail properties & Spaces
Total area 15,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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