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Industrial Warehouse

537 Spindale Street, Selma, NC 27576

For Lease
$9,000/Mo

The property offers parking, with outdoor and covered storage options available.

Space Size18,000 SF
Days on Market801

Property Features for 537 Spindale Street

General Information

Standard status Active
Size 18,000 SF
Net Rentable 18,000 SF
Zoning I-1

Space & Availability

Available Space 18,000 SF
Contiguous Space 18,000 SF
Space Use Warehouse

Additional Details

Outdoor Storage Yes

Building Details

Building Size 18,000 SF
Year Built 1984
Stories 1
Listing Agency: HomeTowne Realty
Listed By: Adam McKnight · License #285591
Source: Dallaspearcerealty
Added: Aug 30, 2024 Changed: Nov 6 Last Checked: Nov 7 at 1:08PM

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 HomeTowne Realty

Rey
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Investment Insights

Based on property information with market context.

This 18,000-square-foot industrial warehouse was built in 1984 and is zoned I-1. The property includes parking, with options for outdoor storage, a laydown yard, and covered storage or parking. Additional industrial development is also identified as an available option.

The warehouse is located at 537 Spindale Street in Selma, North Carolina.

Key Highlights

  • 18,000‑square‑foot industrial warehouse
  • I‑1 zoning
  • Built in 1984

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store Pharmacy HVAC Service Restaurant

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

NNN (Triple Net)
Lease Type
$0.90 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

74
Businesses Nearby
Under-served
Demand for This Use

Demographics for 27576, NC

17,568
Population
7,911
Households
2.2
Avg Household Size
37
Median Age
18%
College-Educated
84%
High-School Grad
81.3 sq mi
ZIP Area
216
Density / Sq Mi
$62,044
Median Household Income
$39,262
Median Earnings
$874
Median Rent
$178,200
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

Frequently Asked Questions

What type of property is this?
Warehouse - The property offers parking, with outdoor and covered storage options available.
Where is this warehouse located?
The property is located at 537 Spindale Street Selma, NC.
What is the lease rate?
The lease rate is $9,000/Mo.
What are key features of this property?
This property features: 18,000‑square‑foot industrial warehouse; I‑1 zoning; Built in 1984
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