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    312 Herring Ave Wilson, NC 27893

    For Sale
    $4,500,000

    34,000 SF, 3-Acre Lot, $4.5M

    Property size:
    34,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional commercial property, located at 312 Herring Avenue E in Wilson, North Carolina, presents a significant investment opportunity. Boasting a substantial 34,000 square feet of versatile space, this property sits on a generous 3-acre lot, offering ample room for expansion, development, or outdoor activities related to the business. The property's size and location make it ideal for a wide range of commercial uses, from warehousing and distribution to light manufacturing or retail operations. Its strategic position within Wilson provides easy access to major transportation routes, ensuring convenient logistics and accessibility for both employees and customers. The asking price of $4,500,000 reflects the property's significant size, prime location, and considerable potential for future growth and profitability. This is a rare opportunity to acquire a substantial commercial property in a thriving North Carolina market. The property's substantial size and versatile layout offer significant flexibility for a variety of business ventures. Serious inquiries are encouraged to explore the possibilities this exceptional property presents. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prime commercial asset in a dynamic and growing area. The property is ready for immediate occupancy, offering a seamless transition for any business seeking a new home.

    Property Features for 312 Herring Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    34,000 SF
    Lot Size
    130,680 SF

    Building Details

    Year Built
    1944
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Wilson
    County
    Wilson
    State
    North Carolina
    Longitude
    -77.90322
    Latitude
    35.72772

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    FAQs

    What type of property is this?
    Commercial real estate - 34,000 SF, 3-Acre Lot, $4.5M
    Where is this commercial real estate located?
    The property is located at 312 Herring Ave Wilson, NC.
    What is the asking price?
    The asking price for this property is $4,500,000.
    (252) 292-0615
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    Wilson, NC 27893
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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
    312 Herring Ave Wilson, NC 27893
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