Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    151 Moore Rd King, NC 27021
    Back to Search
    Property profile & analytics

    151 Moore Rd, King, NC 27021

    View on Map
    • Specialty properties
    • 40,000 SF
    • 30.00 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Specialty properties

    Property Details for 151 Moore Rd

    Year built
    2023
    Lot size
    30.00 lot acres
    Property type
    Specialty properties
    Property subtype
    Retail properties & Spaces

    Description

    King's Crossing, a Class A, two-building retail and office complex in King, North Carolina (27021), offers 40,000 square feet of versatile space across 26 suites. Built in 2023, this property sits on 30 acres and features 125 parking spaces, two elevators, and is conveniently located near E. King Street. The minimum divisible space is 1,232 square feet, with a maximum contiguous space of 40,000 square feet, accommodating a variety of needs. Currently, several spaces are available, including main level retail spaces ranging from 1,200 to 1,560 square feet, restaurant spaces (one main level space of 1,750-2,000 square feet and one main level and upper level space exceeding 3,200 square feet), and six upper-level office spaces ranging from 1,600 to 7,000 square feet. All spaces are ready for immediate interior build-out. The property is zoned B2 & OI and boasts a two-story design. This exceptional location presents a unique opportunity for businesses seeking a modern, well-equipped space in a thriving community. Ample parking and convenient access make this property highly desirable. Contact us to schedule a viewing and explore the possibilities.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    King
    County
    Stokes
    State
    North Carolina
    Longitude
    -80.342
    Latitude
    36.2768

    Comparable in this City

    • Value Estimation by Request
      87,120 SF

      101 Calloway Rd

      Individual retail properties
      101 Calloway Rd, King, NC 27021
      View Details
    • Value Estimation by Request

      152 Kingscote Way

      Restaurants
      152 Kingscote Way, King, NC 27021
      View Details
    • Value Estimation by Request

      152 Kingscote Way

      Restaurants
      152 Kingscote Way, King, NC 27021
      View Details
    • Value Estimation by Request
      75,000 SF

      2 Moore Rd

      Individual retail properties
      2 Moore Rd, King, NC 27021
      View Details
    • Value Estimation by Request
      3,360 SF

      4744 Nc 66th S Hwy

      PROFESSIONAL CLUBS/ASSOCIATIONS
      4744 Nc 66th S Hwy, King, NC 27021-8008
      View Details
    • Value Estimation by Request
      2,753 SF

      Slate Rd

      PROFESSIONAL CLUBS/ASSOCIATIONS
      Slate Rd, King, NC 27021
      View Details

    Similar Nearby for Sale

    • Contact for pricing

      2.0 Acres Zoned B-2

      2.0 acres of commercial land in King, NC for sale.
      101 Calloway Rd, King, NC 27021
      View Details
    • Contact for pricing

      2.0 Acres Zoned B-2

      2.0 acres zoned B-2 in King, NC, city limits.
      101 Calloway Rd, King, NC 27021
      View Details
    • $348,500
      2.00 Acres

      2 Acre Commercial Land Available

      2 acres of B-2 zoned land in King, North Carolina.
      101 Calloway Rd, King, NC 27021
      View Details
    • Contact for pricing

      Retail and Office Spaces Available

      Retail, restaurant, and office spaces ready for upfit.
      2 Moore Rd, King, NC 27021
      View Details
    • Contact for pricing

      King, NC Retail/Office Spaces

      Retail and office spaces available for rent in King, NC.
      162 Kingscote Way, King, NC 27021
      View Details
    • Contact for pricing

      Commercial Land Near Dollar General

      0.57 acre commercial land suitable for retail or restaurant.
      000 Pineview Dr, King, NC 27021
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Restaurant or Retail Space Available

      Prime location in King, NC for restaurant or retail.
      607 S Main St, King, NC 27021
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Single tenant retail space available for rent, 1,582 SqFt.
      124 N Main St, King, NC 27021
      View Details
    • Contact for pricing

      Versatile Industrial Space for Lease

      7,440 SF industrial space with highway visibility available for lease.
      157 Industrial Dr, King, NC 27021
      View Details
    • Contact for pricing
      4,725 SF

      King, NC Office Space Available

      Renovated office space for lease in King, North Carolina.
      320 E King St, King, NC 27021
      View Details
    • Contact for pricing
      4,750 SF

      Commercial Units For Lease

      Commercial units available for lease in King, North Carolina.
      320 E King St, King, NC 27021
      View Details
    • Contact for pricing

      Retail Space in Shopping Center

      Retail space available in shopping center anchored by grocery store.
      133 Retail Cir, King, NC 27021
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    151 Moore Rd
    King, NC 27021
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    151 Moore Rd, King, NC, 27021
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!