601 Margrace Avenue, Kings Mountain, NC 28086 | 3688961 | Ivester Jackson Blackstream

601 Margrace Avenue $3,048,050

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    601 Margrace Avenue Kings Mountain, NC 28086

    • 22.08 Acres
    • Commercial
    • MLS# 3688961
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    Views: 114 Days On Site: 606

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    Property Details

    With the public road & railroad frontage for these parcels, there is a great potential for subdividing the property for an industrial park for small businesses. There is approximately 13,037 cubic yards of "black gold" on the south end of the property with seasonal renewal by the city of Kings Mtn. In addition to the 11 buildings (Addenda A1 & A2) that can be leased once emptied, there are five large building pads that can be fenced in separately for construction companies or used to rebuild more square footage. There is an elaborate underground drainage system that keeps the property drained so there is relatively no standing water after a heavy downpour of rain. In addition, there are 5 large water storage tanks that can store up to 757,712 gal. of water for water suppression or use in commercial processing (Addenda A3 & A4). There is also additional steel structures on the ground to complete the front warehouse space and add an additional 18000 square footage of warehouse space.

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    Neighborhood

    28086 (Kings Mountain) Demographics

    43 Median Age
    299 Population Density (per sq. mile)
    27% College Educated
    $50,106 Estimated Median Income
    7,019 Estimated Total Home Owners
    2,735 Estimated Total Renters
    72% / 28% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    26,490 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $239,000 Median Sales Price
    21 Homes Sold
    31 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $3,048,050
        7/15/2022 6:28:52 PM Status Changed Source: Multiple Listing Service New Value: Pending
        7/13/2022 4:58:52 PM Price Increased Source: Multiple Listing Service New Value: $3,048,050 2.35%
        12/19/2020 12:45:00 PM New in Database Source: Multiple Listing Service New Value: $2,978,050

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        IDX Based on information submitted to the MLS GRID as of 8/17/2022 2:30:08 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. © 2022

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.