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As-Is Warehouse Property
For Sale
$165,000

161 Laurel Street NE, Valdese, NC 28690

For-sale warehouse on approximately 0.29 acres with severe hurricane damage, sold as-is, with city water and sewer available.

Property SizeContact for details
Lot Size0.29 Acres
Days on Market189

Property Features for 161 Laurel Street NE

General Information

Standard status Active
Lot size 0.29 Acres
Property subtype Commercial

Additional Details

Utilities to Site Yes

Building Details

Year Built 1985
Listing Agency: RE/MAX SOUTHERN LIFESTYLES
Listed By: DAVID GRAMS · License #353598
Source: Corcoran
Added: Feb 28 Changed: Sep 5 Last Checked: Sep 5 at 7:37AM

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 RE/MAX SOUTHERN LIFESTYLES

Investment Insights

Based on property information with market context.

This for-sale warehouse property in Valdese includes an existing building situated on approximately 0.29 acres. The structure sustained significant damage when a tree fell during a hurricane and is severely damaged. The property is sold as-is, with buyers responsible for verifying the condition and suitability for their intended use.

The site is zoned for commercial use, but permitted uses are not provided and must be verified by the buyer. City water and sewer are available on site. Buyer to verify zoning, condition, utilities, and intended use.

Key Highlights

  • Commercial property in Valdese on approximately 0.29 acres with an existing building
  • Zoned for commercial use (buyer to verify permitted uses)
  • Year built listed as 1985

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Electrical Service Skin Care Clinic

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
Utilities to site

Location Intelligence

Trade Area within ½ mile

245
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28690, NC

9,124
Population
4,754
Households
1.9
Avg Household Size
47
Median Age
31%
College-Educated
94%
High-School Grad
21.5 sq mi
ZIP Area
424
Density / Sq Mi
$67,974
Median Household Income
$43,593
Median Earnings
$670
Median Rent
$185,000
Median Home Value

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
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - For-sale warehouse on approximately 0.29 acres with severe hurricane damage, sold as-is, with city water and sewer available.
Where is this warehouse located?
The property is located at 161 Laurel Street NE Valdese, NC.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Commercial property in Valdese on approximately 0.29 acres with an existing building; Zoned for commercial use (buyer to verify permitted uses); Year built listed as 1985
More about this property
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