Conditioned Manufacturing
7427 NC Highway 58 S, Stantonsburg, NC 27883
For Sale
Contact for pricing
The entire freestanding building is heated and cooled, with wet-pipe sprinklers and three-phase power.
Property Size79,408 SF
Lot Size9.89 Acres
Price / SF$60.45
Days on Market13
Property Features for 7427 NC Highway 58 S
General Information
Standard status
Size
Lot size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Warehouse & Industrial
Power
Three-Phase Power
Sprinkler System
Conditioned Warehouse
Additional Details
Property Use
Building Details
Year Built
Building Size
Construction
Tenancy
Listing Agency:
APG Advisors
Listed By:
Daniel Walser CCIM · License #NC 264331
Source:
Crexi
Added: Oct 28
Changed: Nov 8
Last Checked: Nov 8 at 5:41PM
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 APG Advisors
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding manufacturing facility contains approximately 79,408 square feet on a 9.89-acre site. Built in 1970 and expanded in 2008, the single-occupant building has steel-frame construction, dock-high and drive-in loading, and clear heights of 15 feet in the original section and 25 feet in the expansion. The full building is heated and cooled, with wet-pipe sprinkler protection and 2,200-amp three-phase power.
Zoned Light Industrial (LI) by the Town of Stantonsburg, the property fronts NC Highway 58 with approximately 630 feet of frontage. The site includes additional acreage that can accommodate outdoor storage, a laydown yard, or building expansion. US-264, US-301, I-795, and I-95 provide regional and interstate access; Wilson is approximately 10 miles away, and Raleigh is approximately 55 miles away.
Zoned Light Industrial (LI) by the Town of Stantonsburg, the property fronts NC Highway 58 with approximately 630 feet of frontage. The site includes additional acreage that can accommodate outdoor storage, a laydown yard, or building expansion. US-264, US-301, I-795, and I-95 provide regional and interstate access; Wilson is approximately 10 miles away, and Raleigh is approximately 55 miles away.
Key Highlights
- Approximately 79,408 SF manufacturing and warehouse building on ±9.89 acres
- Steel‑frame construction; built in 1970 and expanded in 2008
- Clear heights of 15' in the original bay and 25' in the expansion
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$437,970
Cap Rate
9.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,759,400
$8.8M
Cap Rate 7%
$6,256,714
$6.3M
Cap Rate 9%
$4,866,333
$4.9M
Market Conditions
NOI Build-Up for 79,408 SF
Gross rent
$638.4K $8.04/SF
− Vacancy
−$12.8K −$0.16/SF
EGI
$625.7K $7.88/SF
− OpEx
−$187.7K −$2.36/SF
NOI
$438.0K $5.52/SF
Area
Wilson County, NC
Vacancy
2.00%
Lease Rate
$8.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$8,759,400
Cap Rate 7%
$6,256,714
Cap Rate 9%
$4,866,333
Alternative Uses
Best Use
Warehouse
$7.60M
$6.65M – $8.86M
NOI $531,821 @ 7.0% cap · market cap 11.08%
Second Best
Industrial
$6.26M
$5.47M – $7.30M
NOI $437,970 @ 7.0% cap · market cap 9.12%
Theoretical Best
Office A
$19.06M
$16.68M – $22.24M
NOI $1,334,131 @ 7.0% cap · market cap 27.79%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
4
Businesses Nearby
Explore this area
Business Placement
Demographics for 27883, NC
3,398
Population
1,734
Households
2
Avg Household Size
45
Median Age
17%
College-Educated
78%
High-School Grad
78.9 sq mi
ZIP Area
43
Density / Sq Mi
$56,380
Median Household Income
$35,196
Median Earnings
$900
Median Rent
$110,100
Median Home Value
Market
Vacancy Rate% for Industrial in South region
Frequently Asked Questions
What type of property is this?
Manufacturing property - The entire freestanding building is heated and cooled, with wet-pipe sprinklers and three-phase power.
Where is this manufacturing property located?
The property is located at 7427 NC Highway 58 S Stantonsburg, NC.
What is the asking price?
The asking price for this property is $4,800,000.
What are key features of this property?
This property features: Approximately 79,408 SF manufacturing and warehouse building on ±9.89 acres; Steel‑frame construction; built in 1970 and expanded in 2008; Clear heights of 15' in the original bay and 25' in the expansion
