320 Oak St Spindale, NC 298160
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.