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Warehouse Facility with Covered Storage
For Sale
$2,000,000

12045 Old Us Highway 70 W, Cove City, NC 28523

Commercial-zoned property combines enclosed metal buildings, covered storage areas, and wooded acreage.

Property Size1,750 SF
Lot Size161.00 Acres
Price / SF$1,142
Days on Market13

Property Features for 12045 Old Us Highway 70 W

General Information

Standard status Active
Size 1,750 SF
Lot size 161.00 Acres
Property subtype Commercial
Zoning Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Land Use commercial, recreational
Property Use Industrial

Building Details

Year Built 1940
Construction metal
Listing Agency: Realty ONE Group East
Listed By: Meg Underwood · License #277391
Source: Searchgreateraugustahomes
Added: Oct 18 Changed: Oct 25 Last Checked: Oct 28 at 8:27AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group East

Rey
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Investment Insights

Based on property information with market context.

The 161-acre Cove City property includes an established facility with multiple storage buildings, overhang shelters, and two enclosed metal structures measuring approximately 100' x 120' and 175' x 150'. About 30 acres encompass the existing facilities, while approximately 131 acres are wooded. The property is zoned commercial, and its existing buildings provide substantial enclosed and covered space for storage or other uses subject to applicable approvals and building requirements.

A restriction bars use of the property as a hardwood lumber sawmill, processing hardwood logs into lumber, processing hardwood lumber for sale, drying hardwood lumber, or storing hardwood lumber or hardwood logs. Forklifts and wood products remaining on site are excluded from the sale.

Key Highlights

  • 161 acres, including approximately 30 acres with existing facilities and 131 wooded acres
  • Two enclosed metal buildings measure approximately 100' x 120' and 175' x 150'
  • Facility includes multiple storage buildings and overhang shelters

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

World Wood Co Big Box & Wholesale Store American Lumber Company Big Box & Wholesale Store

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Real Estate Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby
Well-served
Demand for This Use

Demographics for 28523, NC

2,376
Population
1,145
Households
2.1
Avg Household Size
47
Median Age
20%
College-Educated
93%
High-School Grad
65.3 sq mi
ZIP Area
36
Density / Sq Mi
$45,283
Median Household Income
$29,534
Median Earnings
$667
Median Rent
$167,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Warehouse - Commercial-zoned property combines enclosed metal buildings, covered storage areas, and wooded acreage.
Where is this warehouse located?
The property is located at 12045 Old Us Highway 70 W Cove City, NC.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: 161 acres, including approximately 30 acres with existing facilities and 131 wooded acres; Two enclosed metal buildings measure approximately 100' x 120' and 175' x 150'; Facility includes multiple storage buildings and overhang shelters
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