2313 W Front St

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2313 W Front St

Statesville, NC 28677
Asking Price
$1.95M
Asset Type
Industrial
Class
Class B

What's Special

2313 W Front St is located in a mixed-use corridor in western Statesville, North Carolina. The neighborhood character is defined by a blend of established industrial operations and small-scale commercial businesses. The property offers direct access to Highway 90 and is situated approximately two miles from the Interstate 40 and Interstate 77 interchange, a primary logistical junction in the Southeast. Local amenities include various dining options and fuel stations along the Front Street thoroughfare, supporting daily operational needs. This industrial asset is suited for light manufacturing, warehouse distribution, or regional service operations. The location’s proximity to major interstate arteries makes it an ideal site for firms requiring efficient transit to Charlotte, Winston-Salem, or Hickory. Typical tenants for this property profile include logistics providers, construction trade contractors, and wholesale suppliers seeking a functional footprint within the I-40 corridor.

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NOI
$80,000
Cap Rate
4.10%
DSCR
0.69
Underwater
Cash-on-Cash
-6.11%
Monthly Payment
$9,647.536
Annual Cash Flow
$-35,770.433

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