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Loading Dock Warehouse
For Sale
$449,000

500 1st Street, Lumberton, NC 28358

The industrial property has an existing tenant and M1 - Industrial District zoning.

Property Size21,000 SF
Lot Size1.22 Acres
Price / SF$21.38
Days on Market1049

Property Features for 500 1st Street

General Information

Standard status Active
Size 21,000 SF
Lot size 1.22 Acres
Property subtype Commercial
Zoning M1 - Industrial District

Additional Details

Fenced Yard Yes
Dock-High Doors 4
Tenant in Place Yes

Building Details

Year Built 1960
Buildings 1
Building Size 21,000 SF
Listing Agency: CENTURY 21 The Real Estate Center
Listed By: ELLIOTT WILLIAMSON · License #108153
Source: Dwellraleigh
Added: Dec 13, 2023 Changed: Oct 26 Last Checked: Oct 26 at 3:34AM

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 CENTURY 21 The Real Estate Center

Rey
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Investment Insights

Based on property information with market context.

Built in 1960, this warehouse contains more than 21,000 square feet, with seven offices, three bathrooms, six garage doors and four loading docks. The 1.22-acre property occupies a fenced corner lot and is zoned M1 - Industrial District. A tenant is currently in place.

Key Highlights

  • 21,000+ sq. ft. warehouse building
  • Four loading docks and six garage doors
  • Seven offices and three baths

Property Analytics

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Open Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Real Estate Agency Dental Office Restaurant Storage Facility Building Supply Big Box & Wholesale Store

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

4
Dock-high doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

572
Businesses Nearby
Under-served
Demand for This Use

Demographics for 28358, NC

32,865
Population
14,838
Households
2.2
Avg Household Size
39
Median Age
17%
College-Educated
82%
High-School Grad
196.6 sq mi
ZIP Area
167
Density / Sq Mi
$46,756
Median Household Income
$34,031
Median Earnings
$837
Median Rent
$106,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 - The industrial property has an existing tenant and M1 - Industrial District zoning.
Where is this warehouse located?
The property is located at 500 1st Street Lumberton, NC.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: 21,000+ sq. ft. warehouse building; Four loading docks and six garage doors; Seven offices and three baths
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