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Industrial Flex Building with Yard

311 E Main St Whiteville, NC 28472

311 E Main St, Whiteville, NC, 28472
Contact for pricing
For Sale
Contact for pricing

Industrial flex building with reception, shop space, and four 107 x 107 roll-up doors plus secured fenced parking and laydown yard.

Property Size1,776 SF
Price / SF$70.38
Days on Market72

Property Features for 311 E Main St

General Information

Standard status
Active
Size
1,776 SF
Property subtype
INDUSTRIAL
Listing agency Sun Coast Partners Commercial
Listed by Mason Watkins
Source Moodyscre
Added: May 12 Updated: Jul 21 at 9:49PM Checked: Jul 21 at 9:49PM

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 Sun Coast Partners Commercial


Investment Insights

Based on property information with market context.

This 1,776 7 SF industrial/flex building offers a reception/office area, one restroom, a breakroom, a storage closet, and an open shop/work area suited to industrial or service-related operations. The shop area is accessed by four 107 x 107 roll-up doors, supporting convenient move-in and operational flexibility.

The property also includes a fenced parking and laydown yard for additional outdoor equipment storage, vehicle parking, or outdoor operations. The offering is presented as-is, where-is.

Interested parties should contact the broker to arrange a showing or for additional questions regarding the available layout and access features.

Key Highlights

  • 1,776 ± SF industrial/flex building for sale with reception/office, breakroom, restroom, and storage closet
  • Open shop/work area with multiple service‑bay features for industrial or service‑related uses
  • Four (4) 10’ x 10’ roll‑up doors provide shop access and operational flexibility

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 $16.0k $9.00
− Vacancy −$1.2k −$0.68
EGI $14.8k $8.32
− OpEx −$4.4k −$2.49
NOI $10.3k $5.82
1,776 SF · lease $9.00/SF/yr · vacancy 7.60% · expense 30.00%

Alternative Uses

Best Use
Office B
$318.1K
$278.4K – $371.2K (±1% cap)
NOI $22,269 @ 7.0% cap · market cap 17.82%
Second Best
Flex RnD
$294.1K
$257.4K – $343.2K (±1% cap)
NOI $20,589 @ 7.0% cap · market cap 16.47%
Theoretical Best
Office A
$430.8K
$377.0K – $502.6K (±1% cap)
NOI $30,157 @ 7.0% cap · market cap 24.13%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Stroked Out Automotive ... Auto Repair Shop

Suggested Use

Electrical Service Pharmacy Law Firm (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service Skin Care Clinic

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

FAQs

What type of property is this?
Flex space - Industrial flex building with reception, shop space, and four 107 x 107 roll-up doors plus secured fenced parking and laydown yard.
Where is this flex space located?
The property is located at 311 E Main St Whiteville, NC.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 1,776 ± SF industrial/flex building for sale with reception/office, breakroom, restroom, and storage closet; Open shop/work area with multiple service‑bay features for industrial or service‑related uses; Four (4) 10’ x 10’ roll‑up doors provide shop access and operational flexibility
Contact an agent
(704) 661-4077 Call to check price and availability
More about this property
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