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Industrial Warehouse with Bridge Cranes

554 Old Roberts Rd, Benson, NC 27504

For Sale
Contact for pricing

A fenced, graded yard provides outdoor space alongside the warehouse and office facilities.

Property Size21,327 SF
Lot Size7.00 Acres
Price / SF$227.41
Days on Market14

Property Features for 554 Old Roberts Rd

General Information

Standard status Active
Size 21,327 SF
Lot size 7.00 Acres
Property subtype Industrial

Site & Location

Fenced Yard Yes
Outdoor Storage Yes

Warehouse & Industrial

Office Build-Out 1,678 SF
Dock-High Doors 1
Drive-In Doors 3

Additional Details

Asking Price $4,950,000
Property Use Warehouse

Building Details

Year Built 1990
Year Renovated 2025
Listing Agency: Devereux
Listed By: Joel Fleming · License #275243
Source: Crexi
Added: Oct 27 Changed: Nov 8 Last Checked: Nov 8 at 2:33PM

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 Devereux

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Investment Insights

Based on property information with market context.

This industrial property in Benson, North Carolina, contains approximately 21,327 square feet of combined warehouse and office space, including a 1,678-square-foot office building. The property dates to 1990 and underwent renovations in 2024–2025. Warehouse equipment includes four 1-ton bridge cranes, with one dock area and three drive-in doors. The site encompasses approximately 7 acres, including a fenced, graded and graveled yard of approximately 3.42 acres.

Located at 554 Old Roberts Road, the property combines indoor work space, office facilities and a substantial outdoor yard within one industrial site.

Key Highlights

  • Approximately 21,327 SF of warehouse and office space, including a 1,678 SF office building
  • Approximately 7 acres, with a fenced, graded and graveled yard of approximately 3.42 acres
  • Four 1‑ton bridge cranes

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$175,138
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,502,760 $3.5M
Cap Rate 7%
$2,501,971 $2.5M
Cap Rate 9%
$1,945,978 $1.9M
Market Conditions
NOI Build-Up for 21,327 SF
Gross rent
$212.4K $9.96/SF
− Vacancy
−$6.4K −$0.30/SF
EGI
$206.0K $9.66/SF
− OpEx
−$30.9K −$1.45/SF
NOI
$175.1K $8.21/SF
Area
Johnston County, NC
Vacancy
3.00%
Lease Rate
$9.96 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,502,760
Cap Rate 7%
$2,501,971
Cap Rate 9%
$1,945,978

Alternative Uses

Best Use
Warehouse
$2.50M
$2.19M – $2.92M (±1% cap)
NOI $175,138 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.45M
$5.65M – $7.53M (±1% cap)
NOI $451,634 @ 7.0% cap · market cap 9.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Garden Center Plumbing Service Furniture & Home Goods

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

1
Dock-high doors
3
Drive-in doors
Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

109
Businesses Nearby
Well-served
Demand for This Use

Demographics for 27504, NC

16,613
Population
7,140
Households
2.3
Avg Household Size
38
Median Age
18%
College-Educated
87%
High-School Grad
89.8 sq mi
ZIP Area
185
Density / Sq Mi
$68,376
Median Household Income
$44,481
Median Earnings
$995
Median Rent
$217,400
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

  • Integrity Self Storage at Mcgees Crossroads — 95 Crepe Myrtle Dr, Benson, NC 27504
  • SWS Mini-Storage — 600 Old Roberts Rd, Benson, NC 27504

Frequently Asked Questions

What type of property is this?
Warehouse - A fenced, graded yard provides outdoor space alongside the warehouse and office facilities.
Where is this warehouse located?
The property is located at 554 Old Roberts Rd Benson, NC.
What is the asking price?
The asking price for this property is $4,850,000.
What are key features of this property?
This property features: Approximately 21,327 SF of warehouse and office space, including a 1,678 SF office building; Approximately 7 acres, with a fenced, graded and graveled yard of approximately 3.42 acres; Four 1‑ton bridge cranes
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