1003 York Rd Kings Mountain, NC 28086-9713
This exceptional commercial property, located at 1003 York Rd, Kings Mountain, NC 28086, presents a lucrative investment opportunity. Situated on a 0.86-acre lot at the corner of York Rd and Lake Montonia Rd, this multi-tenant retail property boasts 2,220 to 3,358 square feet of space and is currently 100% occupied. The property includes two parcels, one housing a two-bedroom, one-bathroom residence currently rented month-to-month for $1000, and a vacant parcel (Parcel ID 12479). The building features multiple entrances, allowing for potential expansion or division into two units. This high-traffic location benefits from proximity to I-85 (exit 8), the Two Kings Casino, and the Kings Mountain National Military Park. A new, approximately 10,000 square foot restaurant/distillery is expected to open nearby in summer 2024, further enhancing the area's appeal and foot traffic. The property is zoned COMM-NB and is ideally suited for food service, gas station/convenience store, or other retail uses. The asking price is $699,000. An adjacent 2.33-acre parcel is also available for purchase separately. Combining both properties creates a substantial 3.19-acre corner lot with extensive road frontage.
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Pickers & Peddlers Home Decor Store (Bike/Boat/Book/etc) Store
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Royal Way Carp Juice LLC. (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
NB · Kings Mountain, NCKings Mountain. Always verify with local authorities before improvements.
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.