Property profile

518 Sims St Kings Mountain, NC 28086

OFF-MARKET
Warehouses
Property ID
US53-5801642
7,200 SF 4.72 ac lot Built 1968
Entity Owned 14-yr Hold Free & Clear
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1968
Total area 7,200 SF
Lot 4.72 ac (205,603 SF)
Zoning code LI
APN 72259
UPID US53-5801642

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

518 Sims St Kings Mountain, NC 28086-3262
Kings Mountain metro Census 950400 SHELBY, NC MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$374k
Blend (final) Blend
$565k

Owner & transaction history

since 2012
6 recorded transactions
2019
Price N/A
2017
Price N/A
2012
$250,000
2006
$125,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LI · Kings Mountain, NC
Zoning description

Light industrial uses located away from residential areas that may include fabrication and assembly that does not meet the standard of heavy industry and warehousing with both indoor and outdoor storage, and may have hea…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $885,000 +87.2%
Office building $860,000 +81.7%
Retail stores $655,000 +38.6%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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