This exceptional 13,510-square-foot industrial flex/warehouse property in Stanley, North Carolina, presents a unique investment opportunity. Situated on a 2.16-acre lot with direct Highway 27 frontage, the single-story building offers multiple suite options ranging from 1,200 to 13,510 contiguous square feet, currently entirely vacant. The space features ceiling heights ranging from 12 to 16 feet, making it suitable for a variety of uses. Heavy power is available. The property is fully fenced, providing ample secure yard space for storage or parking expansion. The zoning is I-2 with a CH overlay. Individual suite pricing varies, with modified gross rent ranging from $4 to $9 per square foot annually. Unit A (5,080 SF) and Unit B (2,550 SF) are priced at $9/SF/year MG, while Units C (1,200 SF) and D (4,680 SF) are offered at $4/SF/year MG (storage only). The entire 13,510 square foot building is also available for sale
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$6,794,720
6.5%
$6,272,050
7%
$5,824,050
Comparable approach
Method
Valuation
Relative Method
$3,660,450
Geo Method
$3,660,450
Alternative Use
Use
Valuation
Retail / Commercial
$3,261,220
Mixed-Use / Specialty
$3,285,020
Hospitality / Lodging
$2,456,230
Office
$3,302,390
Institutional / Educational
$3,427,750
Residential Income
$4,010,470
Multifamily
$4,613,580
Automotive / Energy
$2,938,070
Parking / Income-Based Land
$978,899
Restaurant / Food Service
$1,784,160
Healthcare / Senior Housing
$3,332,400
Location Insight
City
Stanley
County
Gaston
State
North Carolina
Latitude
35.3855
Longitude
-81.1002
CBSA code
16740
CBSA name
CHARLOTTE-CONCORD-GASTONIA, NC-SC METROPOLITAN STATISTICAL AREA
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Charles Raper Jonas Hwy Stanley, NC 28164
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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