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Warehouse Shell with Partial Basement

511 S Hancock Street, Rockingham, NC 28379

For Sale
New
$225,000

Commercial Sale, Rockingham, NC

Property Size33,030 SF
Lot Size0.91 Acres
Price / SF$6.81
Days on Market5

Property Features for 511 S Hancock Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning OZ 2.0
Subdivision Not In Subdivision
Directions Located on the east side of S. Hancock St (US Hwy 1) at Mill Road, just south of Midway Road in Rockingham. Property runs between US Hwy 1 and Mill Road.
Standard status Active
APN 746320706941
Lot size 0.91 Acres

Additional Details

Property Use Warehouse

Taxes and HOA fees

Tax Year 2026
Tax Description lengthy - see info package
Tax Annual Amount 1262
Legal Description lengthy - see info package

Building Details

Year built 1948
Listing Agency: Tranzon Key
Listed By: Bill G Londrey · License #215347
Added: Nov 5 Last Checked: Nov 9 at 7:06AM
MLS# 100614715

Copyright © 2026 Hive MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

Built in 1948, this 33,030-square-foot block and brick warehouse shell occupies approximately 0.91 acre and includes an unfinished partial basement of approximately 3,303 square feet. The building has concrete floors, flat and bow-truss roof sections, and metal and asphalt roofing. Utilities are off, and HVAC is needed. The property is offered at auction.

The site has frontage on S. Hancock Street (US Hwy 1) and Mill Road, within Rockingham city limits. The city approved redevelopment plans for either 30 residential units or four warehouse condos. Documents include renderings and preliminary site plan drawings.

Key Highlights

  • 33,030 SF block and brick warehouse shell on approximately 0.91 acre
  • Approximately 3,303 SF unfinished partial basement, per tax record
  • Dual frontage on S. Hancock Street (US Hwy 1) and Mill Road

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Distribution centers

Suggested Use

Top Pick Dental Office HVAC Service Parking Lot & Garage Storage Facility Big Box & Wholesale Store Plumbing Service

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
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

393
Businesses Nearby
Balanced
Demand for This Use

Demographics for 28379, NC

24,603
Population
11,540
Households
2.1
Avg Household Size
42
Median Age
19%
College-Educated
88%
High-School Grad
151.6 sq mi
ZIP Area
162
Density / Sq Mi
$47,156
Median Household Income
$32,963
Median Earnings
$813
Median Rent
$137,100
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

Similar Off Market Nearby

  • NC Self Storage Rockingham — 102 W Greene St, Rockingham, NC 28379

Frequently Asked Questions

What type of property is this?
Warehouse - The property fronts S. Hancock Street (US Hwy 1) and Mill Road within Rockingham city limits.
Where is this warehouse located?
The property is located at 511 S Hancock Street Rockingham, NC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 33,030 SF block and brick warehouse shell on approximately 0.91 acre; Approximately 3,303 SF unfinished partial basement, per tax record; Dual frontage on S. Hancock Street (US Hwy 1) and Mill Road
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