Office/Warehouse Drive-In
44 Perkins Dr Hampstead, NC 28443
For Sale
Contact for pricing
Two office/warehouse buildings with front-load grade level drive-in doors and municipal water and sewer service.
Property Size5,040 SF
Lot Size1.35 Acres
Price / SF$237.90
Days on Market89
Property Features for 44 Perkins Dr
General Information
Standard status
Active
Size
5,040 SF
Lot size
1.35 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Cape Fear Commercial, LLC
(910) 233-5351
Listed By:
William Leonard
(910) 233-5351
Source:
Moodyscre
Added: Apr 30
Changed: Jul 25
Last Checked: Jul 27 at 11:25AM
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 Cape Fear Commercial, LLC
Investment Insights
Based on property information with market context.
Two office/warehouse buildings are available for sale at 44 & 46 Perkins Drive, Hampstead, NC, fronting US Highway 17N near the intersection with Perkins Road. Each building is 5,040 SF on a combined 1.35 +/- acre lot zoned C-3 by the Town of Surf City.
One building will be delivered with a private office, open reception area, and one restroom. The second building will be delivered in finished shell condition with no interior upfit, giving the buyer flexibility for a custom office buildout.
Both buildings include two 12’ W x 14’ H grade level drive-in doors with front-load access. Estimated eave heights are approximately 20’, and the project is scheduled for delivery in Fall 2026. Municipal water and sewer are provided by Pender County, NC.
One building will be delivered with a private office, open reception area, and one restroom. The second building will be delivered in finished shell condition with no interior upfit, giving the buyer flexibility for a custom office buildout.
Both buildings include two 12’ W x 14’ H grade level drive-in doors with front-load access. Estimated eave heights are approximately 20’, and the project is scheduled for delivery in Fall 2026. Municipal water and sewer are provided by Pender County, NC.
Key Highlights
- Two office/warehouse buildings on a total 1.35+/- AC lot fronting US Highway 17N at Perkins Road near Holly Ridge
- Each building is 5,040 SF, with C‑3 zoning by the Town of Surf City
- Buildings include two 12’ W x 14’ H grade level drive‑in doors with front‑load access
Financial Insights For Office B
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 | $105.2k | $20.88 |
| − Vacancy | −$19.9k | −$3.95 |
| EGI | $85.3k | $16.93 |
| − OpEx | −$21.3k | −$4.23 |
| NOI | $64.0k | $12.70 |
5,040 SF · lease $20.88/SF/yr · vacancy 18.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$914.4K
$800.1K – $1.07M
NOI $64,009 @ 7.0% cap · market cap 5.34%
Second Best
Warehouse
$891.7K
$780.3K – $1.04M
NOI $62,420 @ 7.0% cap · market cap 5.21%
Theoretical Best
Multifamily LT 5
$61.71M
$54.00M – $72.00M
NOI $4,319,829 @ 7.0% cap · market cap 360.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Flex space - Two office/warehouse buildings with front-load grade level drive-in doors and municipal water and sewer service.
Where is this flex space located?
The property is located at 44 Perkins Dr Hampstead, NC.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Two office/warehouse buildings on a total 1.35+/- AC lot fronting US Highway 17N at Perkins Road near Holly Ridge; Each building is 5,040 SF, with C‑3 zoning by the Town of Surf City; Buildings include two 12’ W x 14’ H grade level drive‑in doors with front‑load access
