Industrial Building with Office
845 Valley View Rd Southern Pines, NC 28387
845 Valley View Rd, Southern Pines, NC, 28387
$3,500,000
For Sale
$3,500,000
44,500 SF industrial/manufacturing building with offices near Southern Pines.
Property Size44,500 SF
Lot Size9.57 Acres
Price / SF$78.65
Days on Market137
Property Features for 845 Valley View Rd
General Information
- Standard status
- Active
- Size
- 44,500 SF
- Lot size
- 9.57 Acres
- Property subtype
- Industrial
Building Details
- Year Built
- 1999
Listing agency
Lee & Associates - Raleigh Durham
(919) 906-0524
Listed by
Scott Hadley · License #102540
(919) 906-0524
Source
Lee-associates
Added: Mar 6 Updated: Jul 6 at 11:00AM Checked: Jul 21 at 8:24AM
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 Lee & Associates - Raleigh Durham
Investment Insights
Based on property information with market context.
The property is a 44,500 square foot industrial and manufacturing building that includes office space. It is located just east of the Southern Pines city limits, with access to US 1 via the Hyland Hills intersection at the back of the property. The building is situated on approximately 9.566 total acres across 8 parcels. There are residential properties intentionally undeveloped to create a buffer. The location is industrial on the northern side of Southern Pines, with access off of US-1 and Valley View Rd, and a full movement intersection at US-1. The building features approximately 6,000 square feet of conditioned office space and a heated warehouse. Ceiling heights on the right side of the building measure 14 feet at the center and 11 feet 8 inches at the eaves, while the left side has ceiling heights of 14 feet 8 inches at the center and 11 feet 3 inches at the eaves. The property includes one dock and one grade-level door, public water, and septic. Ample parking is available.
Key Highlights
- 44,500 SF industrial/manufacturing building with approximately 6,000 SF of office space.
- Located just east of Southern Pines with access to US‑1 via Hyland Hills intersection.
- Approximately 9.566 total acres across 8 parcels with additional land available.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $400.5k | $9.00 |
| − Vacancy | −$18.4k | −$0.41 |
| EGI | $382.1k | $8.59 |
| − OpEx | −$114.6k | −$2.58 |
| NOI | $267.5k | $6.01 |
44,500 SF · lease $9.00/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Office B
$4.69M
$4.10M – $5.47M
NOI $328,010 @ 7.0% cap · market cap 9.37%
Second Best
Industrial
$3.82M
$3.34M – $4.46M
NOI $267,454 @ 7.0% cap · market cap 7.64%
Theoretical Best
Specialty Retail
$8.48M
$7.42M – $9.89M
NOI $593,557 @ 7.0% cap · market cap 16.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Epic Enterprises Inc
Professional Services
Similar For Sale Nearby
FAQs
What type of property is this?
Manufacturing property - 44,500 SF industrial/manufacturing building with offices near Southern Pines.
Where is this manufacturing property located?
The property is located at 845 Valley View Rd Southern Pines, NC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: 44,500 SF industrial/manufacturing building with approximately 6,000 SF of office space.; Located just east of Southern Pines with access to US‑1 via Hyland Hills intersection.; Approximately 9.566 total acres across 8 parcels with additional land available.
