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    619 Connelly Springs Rd Lenoir, NC 28645

    Sponsored
    For Sale
    $575,000

    Heavy industrial zoning, excellent location, utilities available.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    342
    This exceptional 21-acre industrial site presents a compelling investment opportunity in Lenoir, North Carolina. Strategically positioned between Hibriten Drive and Connelly Springs Road, this property enjoys unparalleled access to major transportation arteries. It's situated less than one mile from US Highway 321 and one mile from Southwest Boulevard, ensuring seamless logistics and distribution capabilities. The property is zoned for heavy industrial use, offering a wide range of development possibilities. Essential utilities are readily available, including natural gas, city water, sewer, and electricity, simplifying the development process and minimizing upfront infrastructure costs. Furthermore, a comprehensive environmental Phase I assessment, facilitated by the City of Lenoir Brownfield Grant, has confirmed the site's environmental suitability, eliminating potential remediation concerns. This clean environmental record significantly reduces risk and accelerates the development timeline. The expansive acreage provides ample space for large-scale industrial projects, warehousing, manufacturing facilities, or other suitable heavy industrial uses. This prime location and the availability of utilities make this a truly exceptional opportunity for businesses seeking a strategic foothold in a thriving industrial market. The asking price is $575,000.

    Property Features for 619 Connelly Springs Rd

    General Information

    Property type
    Industrial properties
    Lot Size
    914,760 SF

    Building Details

    Year Built
    1907
    Property Profile Location Intelligence

    Current Use by Public Records

    Accident Injury Attorneys ... General Practice Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lenoir
    County
    Caldwell
    State
    North Carolina
    Longitude
    -81.53204
    Latitude
    35.88496

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    FAQs

    What type of property is this?
    Industrial property - Heavy industrial zoning, excellent location, utilities available.
    Where is this industrial property located?
    The property is located at 619 Connelly Springs Rd Lenoir, NC.
    What is the asking price?
    The asking price for this property is $575,000.
    (704) 880-6819
    Request Owner's contact information
    619 Connelly Springs Rd Lenoir, NC 28645
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    Lenoir, NC 28645
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    619 Connelly Springs Rd Lenoir, NC 28645
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