Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    212 Hawthorne Rd Kings Mountain, NC 28086
    Property profile & analytics

    212 Hawthorne Rd, Kings Mountain, NC 28086

    View on Map
    • Warehouses
    • 18,000 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for 212 Hawthorne Rd

    Property type
    Warehouses
    Property subtype
    Industrial properties

    Description

    This exceptional 18,000-square-foot industrial warehouse, located at 212 Hawthorne Road in Kings Mountain, North Carolina, presents a significant opportunity for businesses seeking efficient and versatile space. The single-story building boasts a 12-foot ceiling height, providing ample room for storage and operations. Two loading docks, each equipped with a dock-high door, and one ground-level drive-in door (with canopy) ensure seamless loading and unloading. The property also includes ten total parking spaces, enhancing convenience for employees and visitors. The warehouse features a desirable open floor plan, easily adaptable to various needs. Existing office space with air conditioning is already in place. The building is constructed of metal with concrete floors and utilizes city utilities. Security is enhanced by a gated and fenced perimeter. Situated in a Light Industrial zoned area, this property offers easy access to major transportation arteries, including Interstate 85 (3 miles away), Highway 74, and Highway 321. Its strategic location, west of Charlotte and east of Asheville, provides excellent connectivity within the region. The property's cross streets are Cansler and South Railroad Avenue, and the zip code is 28086. This warehouse is ideal for light industrial uses, warehousing, and storage, offering a combination of functionality and accessibility. The entire 18,000 square feet is currently vacant.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Kings Mountain
    County
    Cleveland
    State
    North Carolina
    Longitude
    -81.3493
    Latitude
    35.2336

    Comparable in this City

    • Value Estimation by Request
      282,640 SF

      540 Canterbury Rd

      Manufacturing properties
      540 Canterbury Rd, Kings Mountain, NC 28086
      View Details
    • Value Estimation by Request
      7,964 SF

      4239 Kings Mtn Hwy

      Distribution properties
      4239 Kings Mtn Hwy, Kings Mountain, NC 28086
      View Details
    • Value Estimation by Request
      190,000 SF

      242 Elm St

      Distribution properties
      242 Elm St, Kings Mountain, NC 28086
      View Details
    • Value Estimation by Request
      18,000 SF

      Cansler St

      Distribution properties
      0 Cansler St, Kings Mountain, NC 28086
      View Details
    • Value Estimation
      $27,090,000
      469,498 SF

      705 Canterbury Rd

      DISTRIBUTION WAREHOUSE
      705 Canterbury Rd, Kings Mountain, NC 28086-9682
      View Details
    • Value Estimation by Request
      150,000 SF

      700 Railroad Ave

      Multifamily properties
      700 Railroad Ave, Kings Mountain, NC 28086
      View Details

    Similar Nearby for Sale

    • $1,000,000
      2.90 Acres

      Kings Mountain Industrial Property For Sale

      Versatile industrial property near I-85 and HWY 74 Business.
      508 Canterbury Rd, Kings Mountain, NC 28086
      View Details
    • Contact for pricing
      7,889 SF

      Versatile Industrial Property For Sale

      Industrial property ideal for warehouse, office, manufacturing, or storage.
      508 Canterbury Rd, Kings Mountain, NC 28086
      View Details
    • Contact for pricing
      7,964 SF

      Commercial Property with Warehouses

      Commercial property featuring warehouses, storage, and rental house.
      4239 Kings Mountain Hwy, Bessemer City, NC 28086
      View Details
    • $890,000
      7.12 Acres

      Kings Mountain Industrial Land

      7.12 Acres, I-85 Visibility
      540 Canterbury Rd, Kings Mountain, NC 28086
      View Details
    • Contact for pricing
      3,690 SF

      Centrally Located Flex Building

      5,358 sq ft flex building with living/office and shop/storage.
      907 Bethlehem Rd, Kings Mountain, NC 28086
      View Details
    • Contact for pricing

      Restaurant Site Near Catawba Casino

      Former restaurant building with equipment on 0.83 acre lot.
      1058 York Rd, Kings Mountain, NC 28086
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Manufacturing & Distribution Industrial Building

      Industrial building for lease with convenient highway access.
      540 Canterbury Rd, Kings Mountain, NC 28086
      View Details
    • Contact for pricing
      150,384 SF

      Kings Mountain Warehouse Space Available

      150,384 SF warehouse space for sublease in Kings Mountain.
      330 Woodlake Pkwy, Kings Mountain, NC 28086
      View Details
    • Contact for pricing
      21,001 SF

      Office Space Near I-85

      Office building with great accessibility off I-85 & Hwy 74.
      110 Commerce Blvd, Kings Mountain, NC 28086
      View Details
    • Contact for pricing
      1,900 SF

      Retail Space in Kings Mountain

      Retail property available for lease in Kings Mountain, NC.
      209 Us-74 Bus, Kings Mountain, NC 28086
      View Details
    • Contact for pricing

      Retail Outparcels Near Two Kings Casino

      Retail pads near future casino with high traffic and visibility.
      Dixon School Rd, Kings Mountain, NC 28086
      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.
    212 Hawthorne Rd
    Kings Mountain, NC 28086
    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
    212 Hawthorne Rd, Kings Mountain, NC, 28086
    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!